Gold prices slipped to a two-month low on Tuesday and were on track for their biggest monthly decline since June 2021 pressured by a stronger dollar and prospects of more rate hikes.
By Staff Writer
IN a huge victory for Israeli investor Ofer Sivan, the High of Zimbabwe has blocked the ‘illegal’ hostile takeover of earth moving equipment business, Adelcraft Investments, by Gillad Shabtai and.
Mines deputy minister Kambamura has been sucked in a mining wrangle pitting his ally Hillary Mutandwa against Phillip Makunze, a leaked police memo from Sanyati Police Station to Kadoma district police officer.
The Environmental Management Agency (EMA) has shutdown two lithium mines in Goromonzi district in Mashonaland East province for allegedly operating without environmental impact assessment (EIA) certificates.
The companies are TN Gold and Shengxiang Mining Investments, according to NewsDay.
TN Gold was fined.
AUSTRALIA Stock Exchange (ASX)-listed energy explorer Invictus Energy says it has received “interest from industry partners” to take part in the Cabora Bassa project due to positive results obtained from Mukuyu-1.
Zimbabwe’s thermal power generation dropped significantly on Tuesday 28 February 2023, with Hwange Thermal Power Station producing only 74 megawatts (MW) against the 920MW installed capacity.
The three small thermal stations – Bulawayo,.
REVENUE at the Australia Stock Exchange (ASX)-listed mining giant Zimplats decreased by 7% to US$545,5 million for the half-year ending December 31, 2022, compared to the same period the previous year.
The decline.
THE Ministry of Industry and Commerce has requested President Emmerson Mnangagwa to intervene in a mining wrangle between Chemplex Corporation and a former executive with the Industrial Development Corporation of Zimbabwe (IDCZ),.
MINES minister Winston Chitando yesterday read the riot act to foreign investors in the mining sector violating labour and immigration laws.
“I want all mining activities in Zimbabwe to be done in accordance.
Dear,
Some “lucky” Murowa Diamonds Mine workers have become rich overnight after a well-orchestrated and carefully executed diamond stealing process went on undetected for months leaving some workers millionaires. As a sign of.
