Unki set up gobbles $400 mln

GWERU, February 19 (The Source) – Anglo-American Platinum (Amplats) says it has so far spent $400 million from the $450 million initial capital earmarked for its Shurugwi unit, Unki Mine. The chief financial officer, Collin Chibafa told The Source that the first phase of Unki… Read More

Govt sets up gold buying centres

HARARE, February 13 (The Source) – Government has started setting up gold buying centres countrywide to tap into the production of the country’s estimated 1.3 million artisanal miners, the mines minister told Senate on Thursday. “We agreed on the establishment of service centres and will… Read More

New Dawn wins pay-cut case

SHURUGWI, February 11 (The Source) – New Dawn Mining has won a pay cut dispute with workers at its Golden Quarry gold mine after an arbitrator ruled in the firm’s favour. Gold miners have struggled to sustain their operations in the face of rising costs… Read More