Dinson Colliery pumps US$100m into coke projects
DINSON Colliery Company has pumped in more than US$100 million investment in Hwange as it continues to expand its operations with the construction of more coking plants on course as … Read More
Category: Mining
Bulawayo gears up for gemstone boom: Minister Ncube tours School of Mine’s US$1.1 million training centre
THE Bulawayo Minister of State for Provincial Affairs and Devolution, Judith Ncube, yesterday toured the US$1.1 million state-of-the-art gemstone cutting and polishing training centre at the Zimbabwe School of Mines … Read More
Govt to craft gemstone marketing framework
THE Government says it has started work to develop a robust framework for the marketing of gemstones in the country amid concerns the country may be losing millions of US … Read More
Gold exports to offset consumer spending slump
REVENUE from gold mining and remittances from the Zimbabwean diaspora will offset the potential reduced consumer spending from any adverse economic conditions, which may affect consumer-facing companies, analysts say. They … Read More
Second quarter gold deliveries rise 28% but H1 tally lags 2023
HARARE – Small-scale miners managed to sustain recovery in the second quarter but deliveries to Fidelity Gold continued to lag last year’s performance. Gold production in the first six months … Read More
Zimbabwe says US$50M mining award can’t be enforced
LAW360 – The Republic of Zimbabwe wants the D.C. Circuit to overturn a ruling forcing it to face litigation to enforce a decade-old US$50 million arbitral award stemming from a … Read More
Chinese company evaluates lithium claims in Zimbabwe
A Chinese mining company is assessing Premier African Minerals’ lithium claims in the eastern part of the country with the aim of preparing a formal offer for acquisition. The claims … Read More
Gwanda State University partners young miners
GWANDA State University (GSU) has signed a memorandum of understanding (MoU) with the Young Miners Foundation (YMF) to facilitate improved research in the small-scale mining sector so as to promote … Read More
Business mogul takes Zim gold mines to Nasdaq
Hennessy Capital Investment Corporation (HCVI), a special purpose acquisition firm listed on the Nasdaq (Stock Exchange in USA), has struck a definitive business combination deal with Mzee Khumalo’s Metallon Corporation … Read More
Miners applaud scrapping 15% VAT on gold deliveries
THE Government’s decision to remove the 15 percent Value Added Tax (VAT) on gold deliveries has provided significant relief to gold producers, who were previously concerned about the negative impact … Read More
