Zimbabwe miners say the increase in the export surrender requirement to 40% is hurting production, resulting in serious shortfalls as they battle to sustain operations in the capital intensive sector.
The mining sector.
The Minerals Marketing Corporation of Zimbabwe (MMCZ) is offering a venture capital partnership to bidders willing to set up a diamond processing company.
MMCZ plans to invest in a company that offers a.
Invictus Energy, which is exploring for oil and gas in Muzarabani, has received firm commitments from investors to raise US$10,48 million (A$8 million), which the firm requires to fund exploration.
The first open pit blast has been successfully detonated at Eureka Gold Mine ahead of production resumption, Dallaglio Investments have said.
Eureka Gold Mine is one of the.
Zvishavane-based platinum miner and Implats subsidiary, Mimosa Mining Company, has handed over state-of-the-art training and research equipment worth US$130 000 to the Midlands State University Faculty of Engineering and Geo-sciences.
TWO of the 16 illegal gold miners who pounced on Eldorado Gold Mine on the outskirts of Chinhoyi last Friday morning have been arrested.
Ten others — two believed to be.
PROFIT at Caledonia Mining Corporation rose by 50% to US$46,6 million during the year ended December 31, 2020, the firm said on Tuesday, attributing the growth to robust gold prices.
Caledonia.
Beneath the surface of its latest economic crisis, Zimbabwe has been quietly positioning itself as a future major exporter of chromium to the insatiable Chinese market.
Chinese demand for chromium is.
Five months ago, George Roach, the CEO of Premier Africa Minerals, was sounding the frustration shared by many would-be investors in Zimbabwe. He was casting his eyes elsewhere.
Bureaucracy was stalling the company’s.
THE Zimbabwe Miners Federation (ZMF) has amended its constitution with the tenure of executive council membership reviewed from three to five years.
ZMF chief executive officer, Mr Wellington Takavarasha, said the amendment follows.
