ZCDC working on diamond value addition plan
An ambitious plan to ensure Zimbabwe generates more revenue from diamonds through value addition and beneficiation, has been set in motion while a massive global marketing of the gems will … Read More
Category: Mining
Zesa starts clearing coal producers’ $1,2bn debt
State-owned power utility, Zesa Holdings, has started paying coal miners after the debt ballooned to over $1,2 billion over the past few months. The surging debt was beginning to affect … Read More
Mining firms to ramp up production
Zimbabwean mining companies are looking at increasing production by as much as 30 percent next year on the back of stable macro-economic environment currently obtaining, a new report shows. The … Read More
Zim, Russia sign exploration, mining MoUs
ZIMBABWE and Russia yesterday confirmed their intention to intensify joint efforts to improve the legal framework of the two countries’ relations and also expressed readiness to sign several bilateral documents. … Read More
RioZim suffers drop in gold production
DIVERSIFIED mining group, RioZim, has recorded a nine percent decline in gold production to 333 kilogrammes in the quarter ended September 30, 2020 from 366 kilogrammes during the corresponding period … Read More
FPR to get more forex for gold
TREASURY is working on measures to ensure Fidelity Printers and Refiners (FPR), the country’s sole authorised gold buyer, gets adequately funded with US dollars for timely payment of gold deliveries … Read More
Mining sector capacity utilisation seen at 80% in 2021
THE country’s mining sector is bullish about prospects for 2021 with production of major minerals expected to go up by between three and 33 percent, riding on a variety of … Read More
Platinum miner’s Q3 output jumps 14 percent
ANGLO-American-owned local unit, Unki Platinum Mine, has increased production by 14 percent to 27 000 ounces (oz) in the third quarter ended September 30, 2020. The mining group, however, says … Read More
7 000 Midlands women eking living through artisanal mining
A TOTAL of 7 000 women eke a living through artisanal mining out of 21 000 small scale gold miners operating from Mberengwa to Gokwe North. The figure constitutes 33 … Read More
Gold price silver lining for RioZim
WITH diversified mining house RioZim’s gold mining operations largely depressed in the third quarter to September 30, 2020, prevailing high gold prices reduced the negative impact of lower volumes of … Read More
