By Mukasiri Sibanda, February 13 (The Source) – RBZ’s export incentives from 05 May 2016 to 31 December 2017 sterilised mineral royalty revenue by a discounting factor of nearly 86%. This obviously hurts the government’s desire to create fiscal space, when revenue generation is constricted… Read More
HARARE, February 8 (The Source) – Zimbabwe’s largest ferrochrome miner, Zimasco on Thursday announced that it had come out of judicial management after nearly two years.
HARARE,February 5 (The Source) – State owned miner, Zimbabwe Mining Development Corporation (ZMDC) is seeking partners to invest in two of its gold mines and a lithium concern among others.
HARARE, February 1 (The Source) – AIM listed junior miner Vast Resources said gold production at its Pickstone-Peerless mine in Chegutu increased by 28 percent to 6,057 ounces in the fourth quarter ending December 2017 compared to 4,738 ounces recorded in September.
HARARE, February 1 (The Source) – Zimplats reported a 69 percent increase in profit from operations to $40,8 million in the second quarter to December from $24 million last, driven by an increase in sales and firmer prices.
HARARE, January 31 (The Source) – Australian-listed junior minor Prospect Resources says it has raised $10 million in capital via a private placement which was oversubscribed.
HARARE, January 30 (The Source) – Gold producer Pan African Resources (Panaf) says that it is in exclusive negotiations with ASA Resource Group to acquire assets and liabilities in Zimbabwe.
HARARE, January 30 (The Source) – Zimbabwe’s mineral revenue is projected to reach $2,5 billion this year up from $2,3 billion last year, on higher production from gold and platinum miners, the Chamber of Mines has said.
HARARE, January 25 (The Source) – Platinum production at Unki Mine remained flat at 75,000 ounces in 2017 despite an 18 percent drop in output in the fourth quarter.
HARARE, January 24 (The Source) – Zimbabwe’s annual gold output increased to 24,8 tonnes in 2017 from 21,1 tonnes the previous year driven by a rise in deliveries from small scale miners, Fidelity Printers and Refineries (FPR) has said.
VUMBA, January 22 (The Source) – The Speaker of Parliament Jacob Mudenda has issued a two months ultimatum for the National Assembly to finalise the Exploration and Mines and Mineral Amendment bills which he says will provide clarity on mining activities in the country after… Read More
HARARE, January 22 (The Source) – Shabanie and Mashava Mine Holdings (SMM) is seeking a partner to rehabilitate and process dumps as part of plans to restart operations.
HARARE, January 15 (The Source) – Zimbabwe’s state diamond company is this year expected to produce 3 million carats up from 1,8 million carats last year, Mines minister Winston Chitando told Parliament on Monday.
HARARE, January 15 (The Source) – The Caledonia Mining Corporation owned Blanket Mine achieved a record production of 56,135 ounces in 2017, 11,4 percent higher than the prior year and marginally higher than targetted.
By Gilbert Makore, HARARE, January 12 (The Source) – Winston Chitando has made the great leap, from running Mimosa Platinum Mine to superintending over the Zimbabwe government’s ministry of mines.