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).
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.
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.
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%.
