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Zim likely to miss 28 t gold production target as small-scale miners struggle
The World Bank says Zimbabwe may miss its 2017 gold production target of 28 t because most of small-scale producers remain vulnerable to the country's harsh macroeconomic environment. Zimbabwe's...
Zim likely to miss $300m chrome ore export target this year
The Minerals Marketing Corporation of Zimbabwe (MMCZ) has indicated that local chrome producers might not achieve the projected 2017 export target of $30-million, owing to falling international...
Claim ownership-related disputes costing Zim gold miners $5m each month
Small-scale gold miners in Zimbabwe are incurring an estimated $5 million each month in lost production, owing to disputes over the ownership of mining claims. In terms of the Mines and Minerals...
Road rehab levy could be in the offing for Zim miners
Zimbabwe's Parliamentary Portfolio Committee on Transport and Infrastructure Development has tabled a proposal that could force mining houses to pay a 'road rehabilitation' levy that would be used...
Zim gold mining group loses 6 000 oz in potential output owing to power outages
Mining company Metallon Gold is seeking alternative power sources to ensure uninterrupted production at its five mines in Zimbabwe, following the loss of at least 6 000 oz in potential output as a...
Botswana not planning mine grabs, Minister confirms
Botswana has assured that it is not contemplating nationalising mining operations or buying out private mining investors to ensure local ownership of the sector. Doing so would diminish the...
Zim produces 9.6 t of gold in first half
Zimbabwe earned $381-million from gold exports in the first half of this year, when production totalled 9.6 t. In its latest analysis of gold sales and deliveries, Fidelity Printers & Refiners...
$5m equipment for Zim small-scale gold miners
Chinese-made mining equipment worth $5-million is to be delivered to small-scale gold miners in Zimbabwe by the end of August as the first consignment of a much bigger deal that has been in...
Graphite mine seeking $5.9m for plant upgrades, mechanisation and exploration
Zimbabwe's sole graphite mine is seeking joint venture partners or capital lenders willing to $5.9-million to fund plant upgrades and the purchase of equipment to start underground mining, as well...
Zim mining could witness significant growth in next four years – US body
Zimbabwe's mining sector could achieve significant growth during the period 2016 to 2020, driven by increased platinum and diamond production, the US-based International Business Monitor (IBM) has...
Zimbabwe’s gold production up 33.8% to 18.6 t
Zimbabwe produced 18.6 of gold in 2015, a 33.8% increase on the 13.9 t produced in 2014, according to the country's principal gold buyer and refiner, Fidelity Refiners & Printers. Last year's...
Zim mineral export earnings edge up in first quarter
Zimbabwe's mining sector recorded a marginal increase in first-quarter export earnings on the back of production improvements in the coal, nickel and gold subsectors. The platinum and chrome...
Zim diamond miners reworking dumps to make up for falling output
Zimbabwe's diamond producers have resorted to reworking dumps to extract ore in a bid to make up for declining production, attributed to depleted resources and a continuing liquidity crisis. The...
Zim colliery re-equips as it seeks to raise output to 450 000 t/m
Zimbabwe's Hwange Colliery Company (HCC) has started taking delivery of new heavy earthmoving equipment from Belarus, marking the beginning of a re-equipment programme aimed at boosting coal...
Australia’s ACJ investing $1.5bn in Zim chrome-smelting project
ASX-listed African Chrome Fields (ACJ) is investing $1.5-billion in an exothermic chrome smelter near the Zimbabwe Midlands town of Kwekwe. The smelter will have the capacity to produce 10 000 t of...
$294m package announced to rescue Kariba dam from possible collapse
The World Bank, the European Union, the African Development Bank (AfDB) and the government of Sweden have agreed to provide Zimbabwe and Zambia with $294-million for the repair of structural...
Zim small-scale gold miners aiming to almost double output to 7 t this year
Zimbabwe's small-scale gold miners have set themselves a yearly production target of at least 7 t this year. Zimbabwe Miners Federation (ZMF) spokesperson Dosman Mangisi says the federation is...
Rio-Zim mulling restart of gold mine
Mining company Rio-Zim has ordered a gold processing plant and plans to spend up to $3-million on new underground mining equipment in a bid to resuscutate operations at its Cam and Motor gold mine...
Zim mulling readmission to LBMA as gold output exceeds 10 t/y for the first time since 2008
Zimbabwe's principal gold buyer, Fidelity Printers & Refiners, says the gold delivered to its mills in the last ten months amounts to 11.11 t, exceeding the 10 t required for readmission to the for...
Zim won’t meet 15 t gold production target – chamber
The Chamber of Mines of Zimbabwe (CMZ) says the country will not be able to achieve its gold production target of 15 t this year owing to power cuts, high power costs and royalty charges and labour...
Zimbabwe, IPP licensees at odds over stalled power projects
President Robert Mugabe's government says it will soon instruct the Zimbabwe Energy Regulatory Authority (Zera) to cancel the licences of more than ten independent power producers (IPPs) whose...
Zim engineering sector needs $14.5bn injection to be revived
The Zimbabwe Economic Policy Analysis Research Unit (Zeparu) says the country's engineering and metals industry requires at least $14.5-billion to get back on track and start to meaningfully...
Rehab of 800 km Plumtree to Mutare highway advancing after funding delay
South African construction company Group Five says work on the rehabilitation of the 800 km stretch of the Plumtree–Mutare highway, in Zimbabwe, should be completed by the end of this year. Giving...
Zim’s minerals revenue dips as high costs, lack of capital bite
The Chamber of Mines of Zimbabwe says the total value of minerals produced in the four month period
Zim platinum producers moot think-tank to advise government on mining policies
The Platinum Producers Association of Zimbabwe (PPAZ) says government should consider setting up a think-tank to provide its policy planners with expert advice on how to formulate mining industry...
Zambia issues urgent plea for help on Kariba dam wall rehabilitation
The Zambia government has issued an urgent appeal to the World Bank, the European Union (EU), the African Development Bank (AfDB) and other international financiers to provide funding for the...
Zim looking for firms interested in treating calcine dumps to recover 4 000 kg of gold
The Zimbabwe government has invited tenders for the treatment of calcine dumps, which should lead to the recovery of up to 4 000 kg of gold from the now defunct Kwekwe Roasting Plant, which is...
Zim govt to pay for gold delivered to central bank subsidiary dating back many years
Zimbabwe's Ministry of Finance and Economic Development has taken over the long-standing $50-million debt Reserve Bank of Zimbabwe (RBZ) gold dealing subsidiary Fidelity Refineries & Printers (FRP)...
Zim miner, Chinese firm in $250m ferrochrome smelting plant deal
Zimbabwe's biggest chrome producer, the Zimbabwe Mining & Smelting Company (Zimasco), and China's Jilin Houyuan have signed an agreement that will see the latter investing $250-million in th a...
Zimbabwe govt reviewing draft minerals policy
Zimbabwe is reviewing the new Draft Minerals Development Policy, which should lead to the drafting of a new Mines and Minerals Development Act. Mines and Mining Development Deputy Minister Fred...
Zim slashes gem cutters, polishers registration fees in bid to boost local beneficiation
The Zimbabwe government is to reduce the yearly licence fees for diamond cutting and polishing firms, in a move meant to entrench the refining and beneficiation of the gems in the country prior to...
Amended Zim mining law to decriminalise panning, provide for seizure of unused claims
The Zimbabwean government says the amended Mines and Minerals Act, due take effect in February, will include policy guidelines on decriminalising gold panning and provisions for the State to seize...
Zim gives the nod to ‘several’ gem cutting, polishing companies
Zimbabwe's Ministry of Mines and Mining Development says it has licensed several local and international diamond cutting and polishing firms to set up shop in the country, amid indications it...
Chinese firm unveils Zimbabwe power station plan
Chinese company Afrochine plans to build a power station that will generate up to 1 000 MW to bridge the power deficit affecting the operations of its chrome smelting plant in Sealous, about 50 km...
Zim reviewing mining tax regime in bid to woo investors
President Robert Mugabe's government says it intends reviewing Zimbabwe's mining royalty and tax system with a view to making the country an attractive mining investment destination.
Zimbabwe says work could start in 2014 on Batoka Gorge hydro project
The Zimbabwe government says work on the construction of the Batoka Gorge hydroelectric scheme, on the Zambezi river, will mostly likely begin at the end of 2014, following the conclusion of...
Zim platinum miners complete feasibility study for refinery
The Platinum Producer Association of Zimbabwe says it has completed the feasibility study for platinum refinery, in line with government's demand for the local beneficiation of high-value minerals...
New study predicts Zim mineral revenues will top $24bn by 2018
The Zimbabwe Economic Analysis and Research Unit (Zeparu) says the country's yearly mineral revenue earnings are likely to rise from $2.6-billion this year to $24-billion by 2018, but this will...
Zim sees mineral exports increasing from $1.2bn to $6bn by 2018
The Minerals Marketing Corporation of Zimbabwe (MMCZ) expects mineral export revenue to increase from $1.2-billion to at least $6-billion a year by 2018, a forecast based on continuing mineral...
Zim sees mineral exports increasing from $1.2bn to $6bn by 2018
The Minerals Marketing Corporation of Zimbabwe (MMCZ) expects mineral export revenue to increase from $1.2 billion to at least $6-billion a year by 2018, a forecast based on continuing mineral...
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