News

Falcon Gold has won an appeal against a High Court ruling barring it from carrying out mining operations at its 11 gold claims. This follows a successful appeal filed at the Supreme Court after the lower Court barred it from carrying out mining activities at its claims. Falcon Gold was barred after the then Mines […]

GOLD deliveries to Fidelity Gold Refinery (FGR) were up 26,24% last month on August’s figures, latest data shows, as the yellow metal recovers with Zimbabwe chasing a targeted output of 40 tonnes this year. The September data was an increase from August’s 2 479,7759kg in gold deliveries. However, comparing September’s gold deliveries to the comparative […]

GOVERNMENT says mineral leakages are bleeding the country after it emerged that targeted deliveries to the Fidelity Gold Refinery (FGR) were on the decline. Mines minister Zhemu Soda said the economy was losing massive potential revenues to the leakages. “Mineral leakages deprive the government of much-needed revenue from taxes and royalties. These in turn create […]

THE Zimbabwe Energy Regulatory Authority (Zera) has urged energy consumers to use generators which run on gas to improve the country’s energy efficiency. This comes after stakeholders last year confronted Zera over 120 issues that needed urgent attention. Speaking at a stakeholder consultation and feedback meeting in Harare yesterday, Zera senior engineer Samuel Zaranyika said […]

Government has appealed to mining companies in Mashonaland West Province to assist in rescuing artisanal miners trapped underground after a mine shaft collapsed at Bay Horse Mine in Chegutu on Friday. 21 of the illegal miners escaped death. Eight were rescued between Friday night and Saturday morning with four currently in hospital with varying degrees […]

Energy and Power Development Minister Edgar Moyo said that electricity generation in the country has improved following the completion of maintenance works at Hwange Power Station’s Unit 8 last week. In an interview, Moyo said Hwange Unit 8 was under maintenance works for a number of weeks and this affected the electricity supply leading to […]

THE Mines and Mining Development ministry yesterday dispatched 10 teams to six different mining provinces to carry out a third quarter gold mobilisation exercise. In a statement Mines minister Zhemu Soda said: “Mineral leakages deprive the government of much-needed revenue from taxes and royalties. This in turn creates uncertainty and instability in the mining sector, […]

Dinson Iron and Steel Company (Disco), the company currently building a new steel plant at Manhize, has signed a deal to manufacture electricity pylons for ZENT, the manufacturing ARM of ZESA, officials have revealed. Disco is a subsidiary of Tsingshan, the world’s biggest stainless-steel producer. Under the deal, ZENT will buy steel and other materials […]