A Chinese company operating a gold mine in eastern Zimbabwe since at least 2021 is facing scrutiny from government officials and mounting criticism from local residents. The company, Sino Africa …
Mining
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BUSINESS NEWS
YMED President Calls for Policies to Maximise Zimbabweans’ Benefits from Mining Sector
by Kells Dzivaby Kells DzivaThe president of Young Miners for Economic Development (YMED), Mr. Nyasha Magadhi, has called on the Government to implement policies that enhance the economic and social benefits derived by Zimbabweans …
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BUSINESS NEWS
Karo Platinum Project Delayed to 2026 Amid PGM Market Challenges
by Kells Dzivaby Kells DzivaKaro Mining Holdings, the company spearheading the Karo Platinum project in Zimbabwe, has announced that its First Ore in Mill (FOIM) is now anticipated in the latter half of 2026. …
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Crime & Courts
Magistrate Issues Arrest Warrant for Fraud Suspect ‘Calton Mudiwiwa’ in R440,000 Mining Scam
by Kells Dzivaby Kells DzivaHarare 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 …
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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 …