THE Zimbabwe Consolidated Diamond Company (ZCDC) is set to take legal action against Diamond Base Company, a contractor hired to drill 20 boreholes in Chiadzwa, after the US$100 000 project failed to.
Gold enters the second half of 2025 coming off an exceptionally strong start to the year – up 26% – shaped by a weaker US dollar, persistent geopolitical risk, robust investor demand,.
ZIMBABWE has the largest lithium reserves on the African continent. Lithium has been mined since the colonial period in the 1950s.
It’s a critical part of rechargeable lithium-ion batteries that are essential for.
Zimbabwe’s diamond industry is facing its biggest crisis in years, caught between falling prices and the rise of lab-grown diamonds abroad, and the impact of years of underinvestment and mismanagement at home.
The.
Zimbabwe’s biggest diamond miner is cutting 400 jobs, weighed down by a global downturn in the market for natural gems, a company representative said by phone.
State-owned Zimbabwe Consolidated Diamond Co (ZCDC) had.
ZIMBABWEAN communities are calling for sweeping changes to the way mining activities are regulated and overseen in their regions, citing concerns over environmental degradation, lack of transparency and inadequate compensation.
They argued that.
EMPLOYEES of Anjin Diamond mining company at the Chiadzwa diamond fields in Marange, Manicaland province, have downed tools over unpaid salaries and poor working conditions.
Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU).
Zimbabwe’s gold sector is on track to surpass its 40-tonne target for 2025, with gold delivered to Fidelity Gold Refinery (FGR) in the first half of the year already reaching 20,103.5493 kilograms,exactly.
Soaring prices are driving Zimbabwe’s gold output and income, but the government’s foreign currency retention rules are eating into producers’ earnings, the country’s mining industry body said.
The price of gold has surged.
SMALL-SCALE producers delivered more than 70% of the gold delivered in the first half of the year, with a haul of 14,56 tonnes, latest data shows, attributed to better incentives for the.
