Govt signals adjustment to proposed mining royalties
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has hinted at possible changes to the newly-proposed gold royalties,…
Category: Mining
Ariana strikes gold, secures US$5,3m boost for Zim project
UK-based miner Ariana Resources Plc has secured a US$5,31 million strategic investment from Hongkong Xinhai Mining Services to fund metallurgical…
Kavango extends deadline to complete acquisition of Nara Gold
British miner Kavango Resources Plc has extended the deadline to complete its acquisition of Zimbabwe’s Nara Gold Project to February…
Zim gold export earnings surge 89pc to US$3,76bn
Zimbabwe’s gold export earnings for 10 months to October 2025 soared by 88,9 percent to US$3,76 billion from US$1,99 billion…
‘Link small-scale gold miners to Fidelity to curtail smuggling’
THE Zimbabwe Indigenous Miners Association (ZIMA) has said linking all small-scale miners in the country to Fidelity Gold Refineries will…
Small scale miners warn Mthuli: Your new gold royalty will only increase smuggling
The Zimbabwe Miners Federation (ZMF) says Finance Minister Mthuli Ncube’s plan to double gold royalties will scare off new investment…
Caledonia cautions on cash flow strain under new royalty system
JERSEY-DOMICILED miner, Caledonia Mining Corporation, has warned that Zimbabwe’s proposed 2026 gold royalty reforms will squeeze profitability and cash generation…
Mineral earnings expected to rise to US$7bn
MINERAL earnings are expected to end the year at US$7 billion before growing to US$7,5 billion in 2026, buoyed by…
RioZim workers challenge corporate rescue
THIRTY RioZim Limited workers have lodged affidavits with the High Court to oppose a corporate rescue application by their labour…
Namib Minerals’ US$400m investment plan gathers steam
NASDAQ-listed Namib Minerals needs between US$300 million and US$400 million to finance its multi-asset expansion programme in Zimbabwe. This comes…