Mining royalties remittance penalties set
Persons responsible for remitting mining royalties to the Government, but failing to do so timeously without just cause face up to six months in prison, according to the Finance Act … Read More
Category: Mining
Young Miners Revolving Fund on cards
Currently, small-scale miners contribute an estimated 60% of all mining activities in Zimbabwe, yet young miners continue to face significant bottlenecks in securing financing for mining activities from banks or … Read More
TSX-listed Pambili bullish on Zim gold assets
Toronto Stock Exchange-listed Pambili Natural Resources Corporation has expressed optimism regarding its option to acquire the London Wall group of gold mines and claims in Zimbabwe. Last year, the mining … Read More
Karo Mining Holdings inches towards securing $226 million
KARO Mining Holdings is in the advanced stages of securing US$226 million in debt funding to finalise the construction of its ambitious mining project in Zimbabwe. Additionally, the company expects … Read More
‘Assessment of mining projects impact on environs vital’
A SAFETY, Health, Environmental, and Quality (Sheq) practitioner, Mr Tinotenda Chitamba, has emphasised the importance of Environmental and Social Impact Assessments (Esias) in ensuring sustainable mining practices in Zimbabwe. An … Read More
Karo eyes US$225m debt funding for project
KARO Mining Holdings is at an advanced stage to secure a US$225 million debt funding for the completion of the construction of its platinum project gathers steam. The balance of … Read More
Government to form audit teams to ensure mining compliance
THE Government has announced plans to establish audit teams comprising various ministries, departments and agencies (MDAs) as part of responsible mining initiatives to ensure compliance with the country’s laws and … Read More
Kavango eyes US$8m for Zim, Botswana operations
BRITISH miner, Kavango Resources Plc, is set to raise £6 566 200 (US$8 249 941,49), meant for developing gold mines at its Hillside Project and for further exploration in Zimbabwe … Read More
Future of green energy in mining: Zimbabwe’s bold transition
For, the country’s energy-intensive mining industry, the question arose: Will miners make such a just transition to greener energy?IN 2021, Zimbabwe pledged to have cut the country’s carbon emissions by … Read More
Pambili generates US$60k gold sales in Q3
PAMBILI Natural Resources Corporation, a Canada-based natural resources exploration and development company, generated gold sales worth US$60 000 in the third quarter primarily through onsite toll milling operations at its … Read More
