ZIMBABWE’S mining industry has warned that domestic suppliers risked being shut out of the industry’s value chain after hiking prices by 100%.
The price rage involves deals in United States dollars, mining officials.
MORE than 2 600 workers in the granite sector could be rendered jobless following the government ban on the export of raw granite, it has been established.
There are claims that the government.
AUSTRALIA-headquartered oil and gas outfit, Invictus Energy announced fresh discoveries at its Zimbabwe-based Mukuyu gasfields on Monday, as it laid out plans to blast its first test well from next month.
The fresh.
CHINESE chrome miner Afrochine has underscored that it has no intentions to start operations in Mavuradonha due to what it cited as “toxic media attention” against the entity and perceived anti-investor sentiments.
The.
Government likes to tout mining as the sector that will lift Zimbabwe’s economy from crisis, but miners say its policies are, in fact, hurting them.
Currency regulations, lack of clarity on policy, high.
Leading financial services institution, Stanbic Bank, has adopted a growth strategy for the mining sector as it seeks to play a pivotal role in boosting the sector in line with Government targets.
Stanbic.
THE Chamber of Mines of Zimbabwe (CoMZ) says investors must not be dissuaded by fears of a grave crisis looming ahead, as authorities struggle to find viable solutions to prolonged turbulences.
In an.
Chengxin, the Shenzhen-listed company that has acquired lithium prospects in Zimbabwe, expects to spend US$130 million to develop the new Sabi Star mine in Buhera.
The company, listed on the Shenzhen stock exchange,.
Caledonia Mining has agreed to buy Bilboes gold mine for US$53 million worth of stock, a deal that could increase Caledonia’s gold output by four times.
Caledonia currently owns Blanket Mine and has.
THE mining industry has called on President Emmerson Mnangagwa’s government to transform promises for major policy reforms into a binding legal commitment in order to reactivate investor interest into the sector.
A four-page.
