The light plane which reportedly crashed in Chivhu on Monday was carrying diamonds owned by mining giant, Murowa (Private) Limited.
Initial reports suggested that two people had survived the crash.
Latest reports suggest that the Piper 31.
Finance Minister, Mthuli Ncube, has used US$10 million of the International Monetary Fund (IMF) grant extended to Zimbabwe last year to set up a gold facility.
The US$10 million is from nearly US$1 billion received.
The Environmental Management Agency (EMA) has blocked plans by RZM Murowa, a diamond miner, to resume exploration for diamonds in the contentious Sese area of Chivi.
The agency told Murowa to get an.
FIVE passengers escaped with their lives after a light aircraft transporting diamonds crashed-landed near Harare Monday afternoon, police confirmed.
According to the ZRP, five passengers escaped with their lives after the Piper 31.
LONDON Stock Exchange-listed firm Contango Holdings has set a target to produce 200 000 tonnes of coking coal after taking delivery of a coke washing plant at its Matabeleland North-based Lubu project.
Contango.
ABOUT 20 members of the Ziscosteel Pension Fund have petitioned Parliament to press for the payment of US$3 million in outstanding pensions, documents obtained by NewsDay Business yesterday showed.
This figure translates to.
Caledonia Mining Corporation says its 12MW solar farm, which went live in November, is generating more power than expected, helping cut diesel consumption at Blanket Mine.
The plant, designed to supply about 27%.
Botswana President Mokgweetsi Masisi said his government is prepared to walk away from negotiations with De Beers if he’s not satisfied with the division of revenues from the diamond trade.
Speaking at a.
Lithium-rich African countries, including Zimbabwe and Namibia, are trying to develop processing and refining industries to capture more of the profits of global demand for the battery material.
As the auto industry shifts.
CALEDONIA Mining Corporation Plc says its gold resource base has increased by 52% on the back of lucrative surging gold output as the miner’s productivity profile continues to surge.
The company said it.
