Gold miners say they can only invest the US$1 billion required for development over the next five years if they can retain a greater share of their foreign exchange earnings.
In January last.
Government has injected US$15 million towards the expansion of Feruka pipeline, as it scales up plans to convert the Msasa fuel depot in Harare into a regional inland hub for fuel distribution.
Zimbabwe says it is in talks with the Dubai unit of SkyPower, a renewable energy projects developer, to build 500MW of solar plants in the country.
The proposed solar parks would be built.
Kuvimba Mining House, the country’s biggest gold producer by output, plans to increase output at Shamva Mine fivefold by next year.
The government holds a 65% stake in Kuvimba, which bought Shamva from.
JAILED former mines secretary, Francis Gudyanga’s application challenging conviction and sentence has been dismissed by Justice Benjamin Chikowero.
Gudyanga had appealed against both conviction and sentence, arguing he did not steal from the.
INVICTUS Energy Limited, which is exploring for oil and gas in the Cabora Bassa Basin, has been awarded three carbon offset projects in the south of the country, covering a combined 301,565.
ZIMBABWE’S mining industry has mounted a fresh appeal for authorities to cut diamond royalties by three percentage points to save bleeding producers, as it emerged bankruptcies were lurking across coal extractors.
Diamond miners.
THE Reserve Bank of Zimbabwe (RBZ) has revealed that 1 500 gold coins were sold by its agents during the first week of their release onto the market, signalling a strong demand.
ZIMBABWE Miners Federation (ZMF) boss Henrietta Rushwaya, accused of attempting to bribe a Civil Aviation Authority of Zimbabwe (CAAZ) official Owen Sibanda to let her pass through the Robert Gabriel Mugabe international.
GOVERNMENT says the Mines and Minerals Amendment Bill when enacted will address critical issues affecting miners and bring sanity to the sector.
But the proposed Bill has since drawn criticism from stakeholders over.
