A TOTAL of US$6 million has been invested into the Eureka gold mining project during the first quarter bringing the cumulative capital expenditure to US$39,3 million.

Eureka Gold Mine in Guruve, Mashonaland Central.

DIVERSIFIED mining group, RioZim, says gold production across its operations took a dip during the first quarter 2021 as excessive rains pounded most parts of the country.

While the 2020/2021 rain season has.

A CHINESE resources giant has secured exclusive rights to establish an integrated chrome mining and processing operation in Chivhu, giving Zimbabwe fresh impetus to achieve an ambitious plan to attain a US$12.

Padenga Holdings is expecting gold production at its Dallaglio mines to increase by 45 percent over what was achieved in the 2020 financial year.

Padenga diversified into gold mining.

RioZim Limited’s US$450 million mine development programme at Murowa Diamond Mine in Zvishavane has been granted national project status.

Works on the project, which will see the mine switching from open.

Incremental export incentives announced by Government will encourage listing of exporters on the Victoria Falls Stock Exchange (VFEX), the bourse’s chief executive officer Justin Bgoni has said.

Last week,.

Caledonia Mining Corporation, the parent company for Gwanda-based gold producer, Blanket Mine, is pleased with Reserve Bank of Zimbabwe’s move to give Fidelity Printers and Refiners (FPR) the responsibility for payments.

GOLD output at Caledonia Mining Corporation slipped to 13 197 ounces during the first quarter of this year, compared to 14 233 ounces during the same period last year after shafts at.