News

Much of Zimbabwe’s coloured gemstones are smuggled out of the country while most of the gemstone dealers are unlicensed. The illicit mining and trade of gemstones is attributed to corruption and poor regulation of the sector which is governed under the Precious Stones Trade Act Chapter 21:06 and Statutory Instrument 256/2019. The Minerals Marketing Corporation […]

The Ministry of Mines and Mining Development has urged miners in waterways or low-lying areas to suspend their operations until Moderate Tropical Storm Freddy passes. On Thursday, the Meteorological Services Department (MSD) said the intense weather system was expected to make landfall at 3 AM on Friday, 24 February 2023 in the southern parts of […]

Diversified miner and developer Premier African Minerals CEO George Roach reports that the company’s Zimbabwe-based Zulu lithium and tantalum project is on track to produce spodumene concentrate before the end of the first quarter. “We are in the home stretch in terms of final plant assembly and commissioning,” he adds. To date, Premier has completed […]

DINSON Group, the Chinese company tasked with building Africa’s largest iron smelting company in Manhidze, has said it is trying its best to take care of its workers in response to reports they are disgruntled. The group was accused of denying workers off days and stuffing them in tiny rooms at the site while labour […]

RIOZIM Ltd, the firm that controls 100% shareholding in Murowa Diamonds, sacked pilots in December and hired outsiders to fly gems before a plane crash near Beatrice this week, it has been established. RioZim chief executive officer (CEO), Manit Shar said he was in Asia this week, and was unable to comment on the accident. […]

Gold miner Caledonia Mining reported a fatality on the afternoon of February 16 at its Blanket mine, in Zimbabwe. The accident was related to secondary blasting. The company said further details could not be divulged, pending the outcome of an enquiry into the accident by the relevant authorities. Caledonia expressed its condolences to the family […]

LONDON-headquartered mining outfit Vast Resources said this week it was kicking off processes for the return of its 129 400 carats of gems held at Zimbabwe’s the Reserve Bank of Zimbabwe (RBZ) since 2010, after winning a protracted legal battle. Vast, a multi-resource operation trading its stock on the London Stock Exchange’s alternative investment markets, […]

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has bought 4 000 transformers to replace those that have been vandalised across the country, an official has said. Speaking in Concession this week during a stakeholder outreach programme, acting managing director Howard Choga also said the company intends to buy 1 000 new service vehicles. Choga […]

Former deputy Prime Minister, Professor Arthur Mutambara, has called for the removal of the “incompetent” Indian company contracted to manage works at Hwange thermal power stations. Speaking during a Public Policy Research Institute of Zimbabwe (PPRIZ) Webinar on the energy crisis in the southern African nation, Mutambara said Water and Power Consultancy Services (WAPCOS) must be removed […]