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September 9, 2021. 267. By Lucy Tandi. HARARE (Mining Index) – THE DEBATE on Exclusive Prospecting Orders (EPOs) has seen Artisanal and Small-Scale Miners (ASM) across the country locking horns with the Ministry of Mines and Mining Development, objecting to the issuance of EPOs. An Exclusive Prospecting Order (EPO) is a large …
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Newsday. MINE workers' unions have complained about the recent 24% wage increase awarded to the sector saying it is insignificant and has been eroded by inflation. The increase, effective from July 1, 2021, came after collective bargaining by the Associated Mine Workers Union of Zimbabwe (AMWUZ) and the Chamber of Mines …
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October 3, 2021. 0 149. FINANCIAL services outfit, Old Mutual Investment Group (OMIG) says government's target to ramp up gold output to 100 tonnes per annum will be achievable, although serious efforts towards stemming rampant smuggling would be key. OMIG commented on the government's grand plan last week, after reports said …
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Newsday. THE Minerals Marketing Corporation of Zimbabwe (MMCZ) says export revenues from the country's resources, excluding gold could reach US$3,2 billion this year, after surpassing 2021 targets in only eight months. MMCZ general manager Tongai Muzenda said this at the just-ended the Zimbabwe International Trade Fair that …
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Speaking during an economic review webinar organised by the country's leading business weekly, Zimbabwe Independent, Finance minister Mthuli Ncube yesterday said the listing drought would end soon, with mining giants moving to Victory Falls to raise foreign currency for their operations.The country has two operating bourses, the …
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Only 4 companies approved to explore and mine diamonds – Zimbabwe National Diamond Policy; June 5, 2019 Chamber of Mines Zimbabwe (CoMZ) elects president; December 3, 2019 Chinese investor hoards 145 gold claims; August 28, 2019 GOLD MINE WANTED TO BUY IN ZIMBABWE; December 1, 2019 Vast Resources …
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Find here information about the ZSE Mining index (MINZI). Assess the ZSE Mining stock price and overall performance. How Is The ZSE Mining Doing Today? The ZSE Mining …
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Plans to reopen Mazowe Mine in limbo. September 26, 2021. 0. The judicial manager of Metallon Gold Corporation's Mazowe Goldfields in Mashonaland Central has deferred the decision to reopen the mine due to the huge amount required to restart underground operations and destruction done by illegal miners, it has emerged.
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By Business Reporter – Wednesday 1 September 2021. HARARE (Mining Index) – GOVERNMENT has been urged to put in place a comprehensive master plan before …
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Landline +263 8677 110809 Whatsapp +263 732491982. Mobile +263 713491982,+263 773491982. Address B4-3, Marlborough Heights, Granger Way, Civic Centre, HARARE, ZIMBABWE
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Mimosa co-parent strikes US$490 million lithium joint venture deal. September 21, 2021. 0 661. Deal "essential for transition to a cleaner future". Sibanye has agreed to subscribe for a strategic placement of new ordinary shares in "ioneer" equal to 7.1% of ioneer's placement shares for US$70m.
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September 14, 2021. 358. VILLAGERS in Uzumba, Mashonaland East province, are up in arms against a Chinese company, Heijin Mining, whose black granite mining claim covers the entire village. This was revealed in a letter addressed to Mashonaland East provincial mining commissioner dated September 3, in which Lovemore Kaseke, through the …
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Zimbabwe's government has increased the strategic reserve levy by as much as 323%, a move which will push the country's fuel price, already the highest in the region, higher. A notice by Finance and Economic Development Minister Mthuli Ncube, issued on 3 September 2021, shows that the strategic reserve levy, which is charged on all…
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Leading lithium miners in Zimbabwe are Chinese firms Zhejiang Huayou Cobalt, Sinomine Resource Group, and Chengxin Lithium Group, whose combined investment is over US$600 million. According to statistics, Zimbabwe produced 1 200 tonnes of lithium in 2021, making it the world's sixth-largest miner after Brazil, which …
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0 108. Zimbabwe's biggest diamond miner says it will resume its monthly auction April, ending an eight-month hiatus caused by COVID-19, after a record year of production in 2021. The Zimbabwe Consolidated Diamond Company (ZCDC) beat its production targets for 2021, hitting fresh records and recording its first ever profit.
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May 24, 2021. Ezra Chadzamira - Masvingo Minister of State for Provincial Affairs and Devolution. MORE than 350 locals are set to be employed at a Chinese chrome smelting company that is being set up in Mashava, Masvingo while small-scale miners around the area are set to benefit from the new market. This was revealed during a tour of the …
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AUSTRALIA-LISTED mining concern, Prospect Resources, says Luzich Resources Africa, an affiliate of Luzich Partners LLC, has executed the option agreement to buy of its Penhalonga gold project for US$1 million. ... September 9, 2021. 0 140 . Share. Facebook Twitter LinkedIn Pinterest WhatsApp Viber. ... Chamber of Mines …
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ZIMBABWE'S platinum output increased by 17% to 128 000 ounces (oz) during the second quarter of this year compared to last year after processing matte backlogs from Unki mine, the World Platinum Investment Council (WPIC) said at the weekend. "Zimbabwean production increased by 17% year-on-year as a backlog of …
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January 25, 2023. 0 585. Zimbabwe's gold mining sector is targeting to raise production to 40 tonnes this year, up from 35.38 tonnes last year, an official said Tuesday. Last year's output was a record high, spurred by new mining projects, timely payments, and incentives to miners. Out of the 35.38 tonnes produced last year, small-scale and ...
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Lynx Mine slips into administration. March 19, 2021. 0 569. ZIMBABWE's sole graphite producer Lynx Mine has sought bankruptcy protection, five years after the Zimbabwe Mining Development Corporation (ZMDC)-controlled operation hit turbulence as international graphite prices plummeted. The 56-year-old firm, formerly …
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Companies linked to Amaplat Mauritius made the proposal in a September 15 letter to Zimbabwe's Secretary for Finance and Economic Development, George Guvamatanga, seen by Bloomberg. The alternative is having the assets of the Zimbabwe Mining Development Corp. seized after the 2019 ruling.
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According to government estimates, mining sector production grew 3.4% in 2021 while receipts were up 25% y/y to US$5bn in 2021 supported by firm international prices and a …
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Ran Gold Mines return under threat. September 14, 2021. 0. RIVAL investors were at the weekend planning to approach authorities to block the return of Bindura-based Ran Mines, saying a consortium led by mining executive Jack Murehwa, that is championing the project, could not operate the gold asset before government …
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0 133. The Mines ministry has given notice to cancel Chinese mining company Heijin's certificates of registration by December 6 this year, following an uproar by villagers who are set to be displaced by its mining activities. Heijin's claims that face cancellation by the Mines ministry include the Kaseke claim, registered under …
DetailsBy Business Reporter – Friday 16 October 2020. LOCAL – HARARE (Mining Index) – THE Zimbabwe Miners Federation (ZMF) this week held a consultative webinar for Artisanal and Small-scale Miners (ASM) and stakeholders to discuss, suggest and recommend the appropriate rate payable to Rural District Councils (RDCs).. The …
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Winston Chitando - Mines and Mining Development Minister. THE Chamber of Mines of Zimbabwe has elected new leadership to lead the organisation until next year amid calls for all mining stakeholders to embrace inclusiveness for the industry to realise the US$12 billion target by 2023. Mimosa Mines executive, Ms Elizabeth Nerwande, …
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This is the second major cooperation deal that Zimbabwe has secured with Russia within a short space of time. In September, Zimbabwe's Energy and Power Development Ministry and Russian state-owned nuclear agency, Rosatom signed a nuclear co-operation deal covering a number of civilian areas in medicine, agriculture and industry.
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Index of Mineral Production is an economic indicator that shows relative changes in the volume of output for the mining sector over time, in relation to a given reference period. …
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Mineral output is projected to rebound in the second half of this year after production fell across the sector in the first quarter compared to the same period the prior year Mining is Zimbabwe's single largest foreign currency earner, accounting for over 70 percent of export receipts. Major exports include gold, platinum, chrome and diamond.…
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September 2021, compared to 5.15% recorded in August 2021. In this regard, the net foreign an outflow of ZW$382.94 in September 2021, from an outflow of ZW$69.24 …
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The mine's 2021 production is expected to be between 61 000 to 67 000 ounces while production guidance from 2022 onward is set at 80 000 ounces. Other primary …
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The National Employment Council (Nec) announced the 24% increment in a circular dated September 28, which it said had been agreed upon for the industry with effect from July 1, 2021. The increment saw the minimum salary of mine workers increasing from $30 500 to $70 740.
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Afrochine makes US$1,5bn fresh move. May 18, 2021. A CHINESE resources giant has secured exclusive rights to establish an integrated chrome mining and processing operation in Chivhu, giving Zimbabwe fresh impetus to achieve an ambitious plan to attain a US$12 billion mining industry by 2023. Afrochine Smelting, which has a …
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0 820. Kuvimba Mining House's gold mining asset, Freda Rebecca Mine, has broken a 20-year production record after it churned out 300kg of the yellow metal in May this year alone, it has been learnt. This is the second time in the history of the firm that such a milestone has been scored as Government ramps up efforts to achieve a US$12 ...
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In its 2021 Q1 report, it announced total revenues of $140m. Major projects: Tianqi paid $209.6m for a 2.1 percent stake in SQM in September 2016, which it then boosted to 23.77%, for $4.07bn, in 2018.The company has also developed a lithium hydroxide plant in the Kwinana Industrial Area, located south of Perth in Western Australia.
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0 219. A 29-year-old employee at D-Troop Mine in Chinhoyi was Killed on Saturday after a large rock collapsed and crushed him as he prepared to knock off from work. Zimbabwe Republic Police (ZRP) provincial police spokesperson, Inspector Margaret Chitove confirmed the death of Hermad Musona in the incident being treated as accidental.
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Women miners vulnerable to GBV. WOMEN in mining are a targets for sexual abuse and there is need for government and other stakeholders to come up with mechanisms to reduce gender-based violence in the sector, Zimbabwe Miners Federation president Henrietta Rushwaya has said. Speaking at a training workshop for women in …
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Aussie firm unfazed by Zim lithium setback. AN Australia Stock Exchange (ASX)-listed company, MetalsGrove, whose initial exploration bid for Zimbabwe's lithium came up short, announced that it…. Local. LT 3 days ago. 0 85.
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CHINESE mining company, Heijin, has reportedly told villagers in Kaseke, Uzumba district, that they have no capacity to stop their eviction to pave way for granite stone mining as they have no title deeds to the disputed communal land. Chief Nyajina last Wednesday told a high-powered government delegation tasked to resolve the land …
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