284 views
FEATURED
Mining Index Zimbabwe
- October 7, 2018
284 views 3 mins

US$11 billion mining investment required

By Business Reporter GOVERNMENT says US$11 billion worth of investment is required to finance mining projects expected to generate US$20 billion annually over the horizon of Vision 2030. Indications are that improved investment climate under the new dispensation offer opportunities for acquisition of interests providing low cost entry into mining prospecting, and inflows of private […]

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147 views
FEATURED
Mining Index Zimbabwe
- October 5, 2018
147 views 4 mins

Zisco Steel revival on course, forecasts one million tons

By Business Reporter DEFUNCT steelmaker, Zimbabwe Iron and Steel Company (Ziscosteel) is scheduled to resume operations with a projected annual output of one million tons of steel products following US$1 billion investment grant from a foreign investor. The resuscitation programme which is expected to start soon, will last between 18-24 months to restructure and reconstruct […]

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207 views
FEATURED
Mining Index Zimbabwe
- October 4, 2018
207 views 2 mins

Blanket Mine forecasts 80 000 gold ounces by 2021

 By Business Reporter BLANKET Gold Mine is targeting to increase gold output to 80 000 ounces by 2021 following a US$70 million investment expected to be funded from internal cash generation and existing cash resources. In a press release, Caledonia Mining Corporation PLC revealed its forecasted output prospects for the Zimbabwean mine, with a plan […]

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265 views
FEATURED
Mining Index Zimbabwe
- October 4, 2018
265 views 29 secs

Zimplats CSR in action

ZIMPLATS donated Antibiotics which will assist in treating 1000 patients, 1350 litres of intravenous fluids for resuscitation and water treatment chemicals for up to 4000 households. The donation made by Zimplats is not a once off donation but a demonstration of the business continues to assist the health sector in fulfilling its promise to deliver […]

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250 views
FEATURED
Mining Index Zimbabwe
- October 2, 2018
250 views 4 mins

Investor discovers high-grade lithium in Shamva

By Business Reporter AUSTRALIAN listed concern, Six Sigma Metals Limited has identified high-grade lithium in a reverse circulation drilling program at its Shamva Lithium Project, with test results showing further signs of lithium. This comes barely a fortnight after another Australian based firm, Invictus Energy confirmed vast oil reserves in the Muzarabani area, located in […]

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223 views
FEATURED
Mining Index Zimbabwe
- October 2, 2018
223 views 2 mins

Government seeks investors for fuel dry port

 By Business Reporter GOVERNMENT is seeking investors to fund the construction of an inland fuel dry port, expected to ease a cocktail of challenges bedevilling the economy. In his presentation on Fiscal Measures for Reversing Fiscal Dis-equilibrium during the mid term monetary policy statement, Minister of Finance and Economic Development Prof. Mthuli Ncube said government […]

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175 views
FEATURED
Mining Index Zimbabwe
- October 2, 2018
175 views 3 mins

Electronic diamond exchange launched

By Business Reporter ZIMBABWE Consolidated Diamond Company (ZCDC) has launched a new diamond trading system that is expected to enhance security and bring transparency in selling of diamonds. Officially launched by the Minister of Mines and Mining Development Winston Chitando, the new innovation, Zimbabwe Electronic Diamond Trading System (ZEDTS) will see proper accountability in diamond […]

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175 views
FEATURED
Mining Index Zimbabwe
- October 2, 2018
175 views 2 mins

Gold jewellers to enjoy 100 percent export proceeds

By Business Reporter GOLD jewellers will now enjoy 100 percent proceeds from jewellery exports following announcement by Reserve Bank of Zimbabwe (RBZ) governor Dr. John Mangudya. This means jewellers can now retain all foreign currency generated from their operations when using gold to produce their wares for both the domestic and international market. The previous […]

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128 views
FEATURED
Mining Index Zimbabwe
- October 1, 2018
128 views 4 mins

Zim’s Precious Metals output increase

By Business Reporter PRODUCTION of precious metals has been on an upward trajectory due to a cocktail of measures that have resulted in producers ramping up production. Gold, diamond, chrome and coal are ahead of the pack in terms of output as evidenced by statistics published during the first half of 2018. Presenting the mid-term […]

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208 views
FEATURED
Mining Index Zimbabwe
- September 30, 2018
208 views 7 mins

2018 Midterm monetary policy expected to address mining sector policies: Economic Analyst

 By Business Reporter THE Reserve Bank of Zimbabwe governor Dr John Mangudya is expected to deliver his maiden mid-term monetary policy review statement tomorrow, in the new dispensation led by President Emmerson Mnangagwa. On the eve of the monetary policy presentation, Mining Index caught up with Economic Analyst Persistence Gwanyanya, to discuss some of the mining […]

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