Alrosa Zim seeks more diamond concessions
ALROSA Zimbabwe Limited (Alrosa Zim) intends to increase the number of its diamond concessions in the country to 40 from the existing 25. The company is jointly-owned by the State-owned … Read More
Category: Mining
Rushwaya bounces back as ZMF president
The Zimbabwe Miners Federation (ZMF) national executive has defended its decision to reinstate its president, Ms Henrietta Rushwaya, who stands accused of gold smuggling. Ms Rushwaya, who is currently out … Read More
Stage set for Eureka re-opening
Mine construction and re-opening works being undertaken at Eureka Gold Mine have taken a huge leap following the delivery of two state of the art heavy duty gold mills on … Read More
Eureka injects additional US$26m in capex
ONE of Zimbabwe’s gold mines under resuscitation, Eureka will have an additional US$26,3 million capital expenditure injected before completion of the rehabilitation project mid year. Last year, shareholders of the … Read More
BNC ups nickel sales in Q4
Bindura Nickel Corporation (BNC) said on Thursday nickel sales were up 20 percent to 1 864 tonnes in the quarter ending December 2020 on the back of increased demand and … Read More
Govt expunges mining clause
GOVERNMENT has moved to remove a clause in the Finance (No 2) Act, 2020 that has been construed by investors and stakeholders in the mining sector as a re-introduction of … Read More
Tax holidays will attract more capital, investors
Last week, the New Dispensation went a step further in showing the world that it can live up to its promises to investors by gazetting a five-year tax break incentive … Read More
Govt clears air on riverbed mining
Government will investigate mining syndicates defying a ban on riverbed mining, but operations on some rivers deemed to have capacity to sustain activities will be allowed with approval. Cabinet last … Read More
Invictus identifies oil site contractor
Invictus Energy, the Australia Stock Exchange (ASX) listed firm exploring for oil and gas in the Muzarabani area, has selected its preferred contractor for the seismic data acquisition campaign in … Read More
Invictus Energy oil agreement okayed
INVICTUS Energy, the Australia Stock Exchange (ASX) listed firm exploring for oil and gas in Zimbabwe’s Muzarabani area, has received an inter-ministerial approval for its petroleum development and production agreement … Read More
