Harare regional magistrate, Mr. Stanford Mambanje, has issued an arrest warrant for a man accused of defrauding a South African-based mining company of R440,000 after he failed to appear in …
Mining
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Crime & Courts
Eight Armed Robbers Steal 550kg of Gold Carbon in Bindura Heist
by Kells Dzivaby Kells DzivaBindura, Zimbabwe | Eight armed robbers launched a daring raid on a mine in Bindura on Unity Day, stealing 550kg of pregnant gold carbon valued at US$36,000. The gang overpowered …
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LOCAL NEWS
Caledonia Mining Eyes Zimbabwe’s Largest Gold Asset with Bilboes Project Feasibility Study Due in Early 2025
by Kells Dzivaby Kells DzivaCaledonia Mining Corporation, a Toronto Stock Exchange-listed company with a secondary listing on the Victoria Falls Stock Exchange, is advancing plans to become a multi-asset gold producer in Zimbabwe. A …
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LOCAL NEWS
Armed Gang Drops President Mnangagwa Son’s Name in Mining Extortion Racket
by Kells Dzivaby Kells DzivaA five-member armed robbery gang allegedly posed as military intelligence and police officers, claiming connections to members of the First Family, to extort money from mining companies in the Matabeleland …
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BUSINESS NEWS
VFEX to Drive Local Ownership and Investment in Zimbabwe’s Mining Sector
by Kells Dzivaby Kells DzivaA strong capital market is crucial for enhancing local ownership of Zimbabwe’s abundant natural resources and achieving the country’s 2030 Vision, according to a UK-listed mineral explorer. The Victoria Falls …
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BUSINESS NEWS
Chamber of Mines of Zimbabwe Calls for Review of Special Capital Gains Tax and Royalties
by Kells Dzivaby Kells DzivaThe Chamber of Mines of Zimbabwe (CoMZ) has urged the Treasury to reconsider the special capital gains tax on the transfer of mining titles and royalties. This request comes ahead …
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LOCAL NEWS
Govt pleads with miners to ramp up gold output to support ZiG currency
by Kells Dzivaby Kells DzivaHARARE — Zimbabwe has asked gold miners across the country to ramp up output to support the ZiG currency launched last month, according to Mines and Mining Development Minister Winston …
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LOCAL NEWS
Kwekwe On the Brink Of Curving In, Mining Tunnels Now Deep Under The CBD!
by Kells Dzivaby Kells DzivaA network of illegal mining tunnels going as deep as 1,5 kilometres beneath swathes of Kwekwe’s central business district and residential areas are putting residents at risk, amid fears the …
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BUSINESS NEWS
British Mining Company ‘Cluff Africa’ Returns to Zimbabwe
by Kells Dzivaby Kells DzivaExcitement reverberates through Zimbabwe’s mining sector as British mining powerhouse, Cluff Africa, announces its return to the country to forge a groundbreaking partnership with Mutapa Investment Fund. The focus? Mining …
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Mining companies in Zimbabwe, specializing in gold, chrome, diamond, and platinum, have collectively allocated only US$20 million for corporate social investments between 2018 and 2022. This figure is disconcerting considering …