News

MINES ministry has launched the 2024 Second Gold Mobilisation exercise, aimed at ensuring compliance and maximizing revenue from the gold mining sector. Reports indicate that gold output is projected at 39 tons in 2024 up from around 33 tons in 2023, largely on the back of ongoing expansion projects and favorable prices. Gold revenues are […]

Some of Zimbabwe’s biggest miners are seeking $182 million to develop 200 megawatts of locally-generated solar power, according to the head of the renewables company responsible for the projects. The agreement was signed between Grid Africa and the Intensive Energy User Group, whose members include Zimplats, Tsingshan’s Afrochine and RioZim among others. “Talks with various […]

A miner at Ayrshire Gold Mine located in Mashonaland West province in Zimbabwe is alleged to have died after he accidentally blasted himself. The name of the deceased has not yet been officially disclosed. A source, who requested anonymity revealed the deceased accidentally blasted himself on Sunday 15th September 2024. Stay tuned for updates regarding […]

United Kingdom-headquartered firm that owns claims for rare earth elements and tungsten in Zimbabwe, Premier African Minerals, says it looking at restarting operations after completing laboratory tests with no further changes on the Zulu Lithium plant. In February this year, Premier announced its intention to raise £2,4 million (about US$3,15 million) to fund the Zulu […]

Zimbabwean companies should invest in the latest technologies so that they can compete with other entities targeting the country’s chrome resources, Kuvimba Mining House head of bulk commodities Deric Dube has said. Zimbabwe has been exporting its chrome ore to several countries due to its inability to process alluvial chrome deposits. Addressing journalists touring the […]

ZIMBABWE is sitting on huge amounts of methane gas discovered in Lubimbi area, Lupane, Matabeleland North province but has over the years failed to secure an investor to kick-start the project. Opposition legislator Thokozani Khupe told the deputy Speaker Tsitsi Gezi this Tuesday that the methane gas in Lupane – Lubimbi area has a capacity […]

Sixteen years after it shut down its furnaces, one of Zimbabwe’s biggest ferrochrome producers, ZimAlloys, is finally back in production. The Gweru company has fired up the first of its three furnaces for the first time in years. Now, it is investing US$45 million to restart two other furnaces and reach annual annual ferrochrome output […]

Gold deliveries have spiked 37 % to 3.4 tonnes in the month of August from 2.479 tonnes delivered in the prior comparative period, Business Times can report. This was confirmed by Fidelity Gold Refinery (FGR) general manager, Peter Magaramombe. “Miners are delivering good numbers to FGR owing to favourable conditions on the ground and timeous […]