263 views
FEATURED
Mining Index Zimbabwe
- March 22, 2023
263 views 3 mins

Trafigura Group, one of the world’s biggest metals traders, was among the companies that received bags of stones from a London Metal Exchange warehouse instead of the nickel briquettes they had paid for. The amounts of money involved are small, but the issue presents a fresh headache as the company wades through the fallout of […]

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FEATURED
Mining Index Zimbabwe
- March 22, 2023
270 views 2 mins

EXALO Rig 202, the oil rig that was contracted by Invictus Energy to drill for oil and gas samples in Zimbabwe, will stay in the country for the next 12 months, the Australia Stock Exchange-listed firm said this week. Invictus drilled two test wells at its Zambezi Valley oil and gas claims, called Cabora Bassa, […]

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FEATURED
Mining Index Zimbabwe
- March 22, 2023
165 views 4 mins

REGIONAL cement maker PPC expects sales volumes at its Zimbabwean unit will drop by 14% in the full year compared to the same period last year due to recurrent power outages and grey imports. PPC operates a clinker plant at Colleen Bawn in Gwanda in the southern part of the country, as well as cement-milling […]

301 views
FEATURED
Mining Index Zimbabwe
- March 22, 2023
301 views 4 mins

WAGES for workers in Zimbabwe’s mining sector have been fixed in United States dollars, with the lowest paid worker set to earn US$355 per month beginning January this year. However, 35% of the wages will be paid in local currency. Prior to the change, the lowest paid mining employee got $217 299,84 per month, while […]

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FEATURED
Mining Index Zimbabwe
- March 17, 2023
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Schoolchildren injured after their classroom collapsed into a sinkhole. The hole was the result of uncontrolled underground mining. The school is located near two gold mines. At least 17 primary schoolchildren were injured in Zimbabwe on Thursday after their classroom collapsed into a sinkhole, local authorities said, blaming the incident on uncontrolled underground mining. The […]

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FEATURED
Mining Index Zimbabwe
- March 17, 2023
360 views 3 mins

THE ZIMBABWE Miners Federation (ZMF) says it is currently working on modalities of how the US$10 million incentive released by the government will benefit small-scale miners. Last month, Finance and Economic Development minister Mthuli Ncube launched a US$10 million gold facility to fund mining expansion and increase productivity. ZMF chief executive officer Wellington Takavarasha said […]

311 views
FEATURED
Mining Index Zimbabwe
- March 16, 2023
311 views 5 mins

It has emerged Kenya has immense underground wealth after a survey found that there are 970 minerals nationwide. The minerals have been classified as “potential prospects” for further exploration to establish the nature, economic viability and estimated total worth. If the process of confirming these critical minerals, first in 15 select counties considered well-endowed, is […]

158 views
FEATURED
Mining Index Zimbabwe
- March 16, 2023
158 views 39 secs

Seven pupils have been injured at Globe and Phoenix Primary School after a classroom block caved into a mine shaft this morning. The injured pupils have been rushed to Kwekwe General Hospital. The Civil Protection team and school authorities are still conducting a roll call to ascertain if there are pupils still buried under the […]

226 views
FEATURED
Mining Index Zimbabwe
- March 16, 2023
226 views 2 mins

Two more people are said to have died at Redwing Mine in Penhalonga, Manicaland, where secret mining has reportedly continued. According to Newsday, two more artisanal miners died on Monday. The mine was closed in January by the Environmental Management Agency (EMA) over fatal accidents involving artisanal miners. Manicaland police spokesperson Inspector Nobert Muzondo confirmed […]

279 views
FEATURED
Mining Index Zimbabwe
- March 16, 2023
279 views 6 mins

PARADOXICALLY, despite the prospect of wealth that accompanies the discovery of natural resources in Africa, such endowments all too often impede rather than accelerate development. Zimbabwe is no exception. Natural resources have been shown to play a key role in the conflicts that have plagued a number of African countries over the last decade, both […]