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Zim’s Precious Metals output increase
By Business Reporter
PRODUCTION of precious metals has been on an upward trajectory due to a cocktail of measures that have resulted in producers ramping up production.
Gold, diamond, chrome and coal are ahead.
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2018 Midterm monetary policy expected to address mining sector policies: Economic Analyst
By Business Reporter
THE Reserve Bank of Zimbabwe governor Dr John Mangudya is expected to deliver his maiden mid-term monetary policy review statement tomorrow, in the new dispensation led by President Emmerson Mnangagwa.
On.
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Zimplats resource tonnage plunges 51 percent
By Business Reporter
IMPALA Platinum Holdings subsidiary, Zimplats recorded 51 percent decline in total mineral resource tonnage after ceding half of its land to government.
Total platinum ounces were also affected, falling 47 percent.
In.
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Vermiculite, an alternative to asbestos
By Own Correspondent
VERMICULITE is fast replacing asbestos, with potential to redefine the country’s manufacturing and construction sectors owing to its key value propositions.
In applications where asbestos is used, vermiculite is coming in.
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Australian company confirms Zimbabwe’s oil potential
By Business Reporter
AUSTRALIAN exploration company, Invictus Energy has confirmed oil potential in the Muzarabani area, a development that could save the country millions of dollars currently being channelled towards oil importation.
In the.
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Zimplats wins US$9.6 million lawsuit
By Business Reporter
PLATINUM producer, Zimbabwe Platinum Mines (Zimplats) has won a US$9.6 million lawsuit against Zimbabwe Revenue Authority (ZIMRA) over selected customs duty rebates, including penalties levied between 2009 and 2013.
Zimplats Holdings.
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Sabi Gold Mine to double output
By Own Correspondent
GOVERNMENT-owned Sabi Gold Mine is targeting to double production by end of 2019 owing to capital injections by its investor.
Chandiwana Mining Corporation is majority shareholder with 51 percent stake, made.
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Government to commission US$100m diamond plant
By Business Reporter
PRESIDENT Emmerson Mnangagwa is expected to commission a US$100 million conglomerate diamond plant in Chiadzwa within the last quarter of the year.
The Zimbabwe Consolidated Diamond Company (ZCDC) was formed following.
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ZCDC sells diamonds worth US$28.3 million
By Business Reporter
ZIMBABWE Consolidated Diamond Company (ZCDC) has sold 423,066.43 carat diamonds via the tender process, generating about US$28.3 million for the country
Addressing media on the resumption of diamond sales by ZCDC.