A year of safety excellence: Shamva Mine reaches milestone
SHAMVA Mine, a member of Kuvimba Mining House (KMH), has reached a remarkable milestone of 365 days without any lost time injuries at its operation. A lost-time injury is one … Read More
Category: Mining
Shamva plans US$5,5m capex spend
SHAMVA Mine, a member of Kuvimba Mining House (KMH), plans to spend US$5,5 million this year to boost production and keep the mine running, according to general manager Gift Mapakame. … Read More
Kuvimba enters processing plant deal with a Chinese firm
KUVIMBA Mining House has signed a binding Build, Operate and Transfer (BOT) agreement with a Chinese consortium for a three million tonne per year ore processing plant at Sandawana Mine … Read More
Zimbabwe sold about 1,9 million tonnes of minerals valued at roughly US$1,5 billion in the first half of 2024
Zimbabwe’s mineral exports declined 26 percent during the first half of 2024, weighed down by declining global prices, the Minerals Marketing Corporation of Zimbabwe (MMCZ), the sole agent for mineral … Read More
Premier to settle £2 million loan facility in kind
PREMIER African Minerals has said the unsecured £1,7 million loan facility advanced by its chief executive officer Mr George Roach last year, which was later extended to £2 million and … Read More
Contango receives $1 million payment from new shareholder
CONTANGO Holdings, a London-listed natural resource development company, has announced that it has received an advance payment of US$1 million from the firm’s new majority shareholder, Mr Wencai Huo, a … Read More
Mining industry decries high power tariffs
ZIMBABWE’S Platinum Group Metals (PGMs) industry could scale-down smelting operations as it has become unsustainable to run smelters due to “high and unaffordable” electricity tariffs that are pegged at USc14,21/KWh … Read More
Probe exposes chrome export ‘heist’ in Zim
A meticulously planned chrome heist orchestrated by corrupt border officials, is reportedly bleeding millions from Zimbabwe’s economy after an investigation unearthed some irregularities in the country’s chrome exports, Business Weekly … Read More
Kuvimba in +US$300m BOT deal for Sandawana, Mutapa nearing end of assets review
HARARE – Kuvimba Mining House, a mining investment company with assets in gold, bulk metals, PGMs, and energy minerals has attracted financial investment for Sandawana Mines. Kuvimba a subsidiary of … Read More
Miners seek review of taxes, royalties
THE Chamber of Mines of Zimbabwe (CoMZ) has called on the Treasury to review the special capital gains tax on the transfer of miningtitles and royalties. This comes as Finance, … Read More
