GOVERNMENT’s laxity in monitoring the mining industry has precipitated widespread gold smuggling at a time when the country is targeting a US$12 billion mining industry by 2023.
Authorities in Zimbabwe have been urged.
According to Johns Hopkins University academic Steve Hanke, Zimbabwe ranks as the world’s most miserable nation.
Tell that, though, to the US and European shareholders in Zimbabwean gold producer Caledonia Mining, where dividends.
Chinese investors racing to secure lithium supplies could help Zimbabwe rise to become the world’s fifth biggest primary producer of the material that’s vital to battery electric vehicles and the green revolution,.
A local resource campaigner says Zimbabwe has long surpassed the Government’s target to increase mineral revenues to US$12 billion annually from December this year but that most of the revenue is being.
Kuvimba Mining House (KMH) plans to invest US$250 million into the construction of a beneficiation plant at its lithium mine operation, Sandawana Mines.
KMH is 65% owned by the government. It took over.
REDCLIFF-BASED steelmaker ZiscoSteel requires roughly US$32 million to resuscitate the iron ore mining business and restart limestone mining, a company official said last week.
Kuvimba Mining House (KMH) was appointed by the government.
The Moti Group has said a Chinese company with which it planned to develop a $1 billion lithium processing plant in Zimbabwe is halving its stake in the venture, dealing the project.
ZIMBABWE Iron and Steel Company (Ziscosteel) says it is assisting its former employees to get their pension pay-outs adding the obligation now lies with the government.
The development follows the coming on board.
Newly-elected Chamber of Mines of Zimbabwe president Thomas Gono (TM) has said his main priority is to address issues that undermine mining operations’ viability, such as power shortages and foreign exchange constraints.
THE Zimbabwe Investment and Development Agency (ZIDA) approved two mining Public-Private Partnerships (PPPs) in the second quarter of this year, with a combined value of US$US$28.6 million.
The PPPs will proceed to the.
