Wednesday, January 16, 2019
HARARE - The Zimbabwe Mining Development Corporation (ZMDC) received over 150 bids for its struggling mining  companies that it put on tender at the beginning of  the year, a cabinet Minister has said. In February, ZMDC, a government firm, which owns an empire in the  mining sector, put up its...
  BH24 Reporter HARARE - Toronto Stock Exchange-listed Caledonia Mining Corporation says it has signed a legally binding deal with Fremiro Investments to acquire its 15 percent stake in the Gwanda-based Blanket Gold Mine. This will effectively bump Caledonia’s equity stake in the Zimbabwean gold producer to 64 percent after the Government...
Kudakwashe Mhundwa Zimbabwe’s platinum producer Mimosa Mining Company, has invested $350 000 towards refurbishment of Ruvimbo Primary School as part of the company’s corporate social responsibility. Ruvimbo Primary School that caters for children living with disability, partnered the mining concern for the improvement of standards at the institution. Mimosa managing director Fungai...
Africa Moyo Mines and Mining Development Minister Winston Chitando, has appointed a new seven-member board for the Minerals Marketing Corporation of Zimbabwe (MMCZ). Veteran miner, David Murangari, has been retained as board chairman. Other notable appointments include Chamber of Mines of Zimbabwe chief executive officer Isaac Kwesu and former Hwange Colliery Company...
Freedom Mupanedemo Small-scale miners have implored Government to commit more funds towards artisanal mining activities, which they said were proving to be the major contributors to the country’s foreign currency requirements. Making contributions during 2019 Government budget consultations at Kwekwe Theatre on Monday, artisanal miners said Government should appreciate the contribution...
Africa Moyo HARARE – Mines and Mining Development Minister Winston Chitando has appointed a new seven member board for the Minerals Marketing Corporation of Zimbabwe (MMCZ). The board will be chaired by Mr David Murangari. Other notable appointments include Chamber of Mines of Zimbabwe chief executive officer Mr Isaac Kwesu and former...
Tawanda Musarurwa HARARE - Gwanda-based gold producer Blanket Gold Mine’s production in the third quarter to September 30, 2018 stood at 13 978 ounces of, which was 10 percent above production in the second quarter of 2018. Blanket Mine is owned by Canadian miner, Caledonia Mining Corporation which is looking to boost...
Business Writer Speculators holding vast mining claims risk losing them as Government intends to re-allocate them to serious investors, Mines and Mining Development Minister Winston Chitando said. Government has resolved to repossess all unutilised claims starting January next year as part of a broader agenda to enhance mining production. The speculators, alleged...
Golden Sibanda Government will establish a mining industry Loan Fund, through provisions incorporated in the Mines and Minerals Amendment Bill, currently before Parliament, for tailor-made support to women in mining in particular and small-scale miners in general, a senior official has said. Secretary for Mines and Mining Development Onesimo Moyo, told...
Business Writer Zimbabwe is working on a raft of measures, among them promulgating laws that will make mining rights bankable as it seeks to attract investors, Mines and Mining Development Deputy Minister Polite Kambamura, has said. Speaking during the small-scale mining conference held at the just ended Mine Entra Expo in...