ZIMBABWE’S mineral revenues are set to decline by approximately 20% this year and further 10% next year due to softening commodity prices among other constraints, according to the latest report released by.
Daring armed robbers forced security guards at a mine in Mberengwa to load stolen gold ore into their getaway vehicle.
The ten-member gang pounced on five security guards at Overt Mine Ziyanda, in.
Platinum group metals (PGM) producer Zimplats says the ongoing surface diamond drilling programme at Ngezi mining lease 37 (ML 37) is on schedule as the group aims to upgrade its mineral resource.
The mining industry recorded an increase in mining accidents during the period January to July 2023, compared to the same period last year.
According to the latest State of Mining Industry Survey Report.
Workers at Murowa Diamonds in Zvishavane have reportedly downed tools following a standoff with management over poor remuneration.
While productivity at Murowa Diamonds has been at full capacity this has not been translating.
The majority of the work undertaken by the Ministry of Mines and Minerals stalled in 2023 owing to inadequate budget allocation and the general volatile macroeconomic milieu, the Parliamentary portfolio committee has.
Impala Platinum is reducing its planned spending across its business, including at Zimplats, due to the decline in global platinum prices. This will negatively impact local suppliers and the economy, according to newZWire.
Platinum prices.
CHINESE companies were awarded licenses in the third quarter that could see $2.79 billion of investment flow into Zimbabwe, mostly in mining and energy as the government pushes to develop some of.
MINING companies in Zimbabwe have spent over US$1,5 billion on capital projects and exploration activities in the past three years, a survey report by the Chamber of Mines of Zimbabwe (CoMZ) shows.
The.
ZIMBABWE’S mineral revenue declined by 29% to US$2,6 billion in the first half of this year due to a number of challenges including softening commodity prices, foreign currency shortfalls, high-cost structure and.
