CHINESE mining company, Monaf Investments has given villagers in Muchesu ward 12, Binga, three months’ notice to vacate their ancestral land after it was granted a permit to extract coal in the.
CALEDONIA Mining Corporation lifted gold output at Zimbabwe-based Blanket Mine by 17% last year, after scaling up throughput at the “game-changing” Central Shaft, an underground operation that blasted off its first bullion.
Prospect Resources and Huayou International have moved a step closer to sealing a US$422 million acquisition deal, winning key regulatory approvals in China and cancelling a previous offtake deal with another Chinese.
Gold miner Caledonia Mining achieved record production of 67 476 oz of gold from the Blanket mine, in Zimbabwe, during 2021, exceeding its revised increased guidance.
Output was also 17% higher year-on-year.
De Beers pushed through one of its most aggressive diamond price increases in recent years as the world’s biggest producer of the stones cashes in on a buying frenzy for uncut gems.
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AS ZIMBABWEANS faced the economic consequences of a crashing currency, well-connected businessman Kudakwashe Tagwirei skirted the rules to convert government-backed securities into scarce U.S. dollars —which he used to acquire shares in.
Steel manufacturing companies used to thrive in Bulawayo, once celebrated as the nation’s industrial hub. But over the past decade, hundreds of companies have shut down in Bulawayo, citing high energy costs.
THE country’s two ethanol producers, Green Fuel and Ethanol Fuel Company of Zimbabwe (EFCZ) are failing to produce enough ethanol forcing energy authorities to drastically reduce the petrol blending ratio from E10.
Villagers in Kanengoni village under Chief Negomo in Chiweshe are distressed after illegal gold panners invaded a cemetery in the area in search of gold.
Kraal head, Garikayi Kanengoni, confirmed the development to.
Three Zimbabwean nationals carrying explosives were intercepted by members of the South African National Defence Force (SANDF) in Musina.
Captain Moses Semono of the Limpopo Joint Technical Headquarters said this was a case.
