News

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 […]

THE Zimbabwe Miners Federation (ZMF) Friday met the newly appointed Mines Minister and briefed him on the opaque challenges bedeviling the sector. The sector’s miners contribute about 68% per annum towards total gold deliveries in the country, surpassing large –scale miners by a significant margin. But in a meeting Friday with the recently appointed Mines […]

THE demand for lithium is rising as it has become a critical component needed in electric vehicle batteries. In 2021, the world produced 540 thousand metric tons of lithium and by 2030 the World Economic Forum projects the global demand will reach over 3 million metric tons. Reserves of lithium have been discovered throughout the […]

GOVERNMENT has appealed to mining companies in Mashonaland West province to assist in rescue efforts for over 10 illegal miners believed to be still trapped underground at Bay Horse Mine in Chegutu. Ten miners were confirmed dead yesterday, while rescue efforts were still underway for the remainder, with the rescue teams using rudimentary equipment in […]