Zimbabwe will double the royalty rate it charges mining companies on the platinum group metals (PGMs).

Zimbabwe is facing an unpreecedented energy crisis after power utility indicated that it had no solutions to deal with rising demand.

Existing mines and new smelters have lodged applications for an additional 2.

Government has set aside resources amounting to US$10 million for the establishment of 10 gold centres, one for each province in support of the small-scale miners.

In his 2023 budget strategy document, the.

Zimbabwe’s power utility ZESA Holdings Ltd. will no longer charge mining houses tariffs below cost of production as it is struggling to service “ballooning power import debt.”

Exporters, such as mining companies, will.

BLANKET Mine, a 64% subsidiary of Caledonia Mining Corporation, has injected US$360 000 dividend payment to Gwanda Community Share Ownership Trust (GCST), becoming one of the most lucrative community payback gestures in.

Finance Minister Mthuli Ncube has announced a $929 billion supplementary budget of which 53% ($492.8 billion) will be gobbled by employment costs.

• A surplus of 300 million dollars as of the first.
  

AUSTRALIA Stock Exchange-listed resources giant Zimplats has spent about US$326 million on various projects in the country, as the miner moves forward with its plans to ramp up production.

According to its quarterly.

Caledonia Mining says it plans to invest US$250 million over three years to develop Bilboes Mine, once it completes the takeover of one of Zimbabwe’s most prized mining assets.

Last week, Caledonia announced.

AUSTRALIA-LISTED mining concern, Prospect Resources says the success associated with the Arcadia transaction had resulted in more opportunities being presented to the company.

In April this year, Prospect completed the sale of its.

Victor Gapare was an executive at Anglo American Corporation Zimbabwe when the company exited Zimbabwe’s gold sector in 2003. Gapare was part of a management buyout that saw took over Bilboes, a.