News

GOVERNMENT yesterday said it has launched own investigations into the corruption allegations raised in the four-part Al Jazeera documentary, Gold Mafia: The Laundry Service, which exposes illicit financial flows and rampant smuggling of gold out of Zimbabwe by the elite, but analysts rapped the State for taking long to react after the exposé was broadcast. […]

VERIFY Engineering, a government-owned entity, has developed technology to produce top dressing fertiliser from coal, an innovation that will significantly help to satisfy the country’s fertiliser demand. Verify Engineering board chairperson, Edgar Kamusoko told NewsDay Farming that they were now awaiting government funding to kickstart the project. “We have actually developed the technology to produce […]

WORKERS in the mining sector have said the recently announced new pay structure is too low and does not meet their living standards. Speaking to this publication, Zimbabwe Diamond and Allied and Mineral Workers Union (ZDAMWU) secretary general Justice Chinhema said living expenses in mining districts are very high and as such the new pay […]

Premier African Minerals reports it has finished building a lithium processing pilot plant at its Zulu Mine at Fort Rixon and expects to start production of spodumene concentrate shortly. Spodumene is a lithium ore with a high concentration of lithium, a key component in the production of batteries for electric vehicles. The plant has capacity […]

ZIMBABWE Alloys (ZimAlloys), one of the country’s biggest producers of ferrochrome, will restart its 50 000 tonnes per year furnace in July this year after investing more than US$13 million in it, an official has said. The company, controlled by diversified mining group Kuvimba Mining House (KMH), has three furnaces at its Gweru smelting complex […]

London-listed Red Rock Resources expects the environmental-impact assessment (EIA) for Tin Hill – its first planned lithium production site in Zimbabwe – to be approved from mid-April onwards. The EIA was recently submitted to the relevant authorities and, once approved, additional geologists and staff will be mobilised to site ahead of pre-mining preparatory work. “Work […]

London-listed natural resources development company Contango Holdings reports that construction of the wash plant at its Lubu coking coal project, in Zimbabwe, has been completed ahead of commissioning and the production of coking coal. The company said on March 28 that the refurbishment of the screen used to sort the coking coal prior to it […]

The Reserve Bank of Zimbabwe (RBZ) has been asked to explain the missing US$295 million from gold exports to the United Arab Emirates (UAE) in 2021. RBZ reported that Zimbabwe exported 28 468kg of gold to UAE for US$1 604 058 775 in 2021. However, UAE reported that it received 34 340kg of gold from Zimbabwe for […]

ZESA Holdings subsidiary, Zimbabwe Electricity Transmission and Distribution Company (ZETDC), says it is only generating 951 megawatts (MW) of electricity against a national peak demand of 2 200MW, which has resulted in the country experiencing electricity blackouts of up to 18 hours per day in some areas. Despite the successful synchronisation of Hwange Unit 7 […]

CORRUPTION watchdog, Transparency International Zimbabwe (TIZ) has urged government to revoke gold trade and export licences of individuals implicated in the Al Jazeera gold smuggling documentary. Last week, international news channel Al Jazeera aired the first episode of the four-part gold smuggling syndicates in Zimbabwe titled Gold Mafia: The Laundry Service, which has rattled government […]