THE country’s gold output last month increased by 75 percent to 2,924 tonnes from 1,668 tonnes in May on the back of incentives availed by the Reserve Bank of Zimbabwe (RBZ).

Latest statistics.

PLATINUM producer, Unki Mines, has invested US$48 million towards increasing its concentrator capacity, which is expected to boost output by 30 percent.

General manager, Mr Walter Nemasasi, said the new concentrator was set.

The Zimbabwe Consolidated Diamond Company posted a profit of US$26,35 million on production of 151,3kg of diamonds for the first half of this year, with profits being just over 40 percent of.

LEADING crocodilian skins and meat producer Padenga Holdings Limited has listed on the Victoria Falls Stock Exchange (VFEX) making it the second company to trade on the off-shore biased financial services centre.

Finance.

LEADING diversified natural resources producer, Eurasian Resources Group Africa has started mobilising additional contractors and staff to undertake work on its Bokai platinum project in the lower region of the Great Dyke.

REGIONAL mining group, Premier African Minerals has started drilling at its Zulu Lithium project in Matabeleland South province.

Last month, the multi-commodity mining and natural resource development company, announced a placement of £1.

CONSTRUCTION of Afrochine Dinson Colliery’s coking coal and coke oven battery projects in Hwange under the first phase is now complete with the US$30 million investment creating 300 jobs.  

The country’s sole buyer of gold, Fidelity Printers and Refiners (FPR) says authorities should introduce a tax moratorium on small scale miners to ramp up production as Zimbabwe eyes 100 tonnes of.