Mining Zimbabwe
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Mining Zimbabwe Magazine is a publication focused on the mining industry of Zimbabwe and how it relates and affects the rest of mining done in other African countries. The magazine's core focus is on the ever evolving face of the mining industry, trends, new technologies being developed and used to improve this crucial sector, as well as new opportunities and investments arising from it.
Mining Zimbabwe
3h ago
These are the official gold buying prices per gram in Zimbabwe today 13 December 2024, from the official gold buyer and exporter Fidelity Gold Refinery (FGR). SG 90% and ABOVE US$81.55/g SG ABOVE 85% BUT BELOW 90% US$80.69g SG ABOVE 80% BUT BELOW 85% US$79.83/g SG ABOVE 75% BUT BELOW 80% US$78.96/g SAMPLE BELOW 10g…
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Mining Zimbabwe
1d ago
These are the official gold buying prices per gram in Zimbabwe today 12 December 2024, from the official gold buyer and exporter Fidelity Gold Refinery (FGR). SG 90% and ABOVE US$82.19/g SG ABOVE 85% BUT BELOW 90% US$81.32g SG ABOVE 80% BUT BELOW 85% US$80.45/g SG ABOVE 75% BUT BELOW 80% US$78.58/g SAMPLE BELOW 10g…
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Mining Zimbabwe
1d ago
Zimbabwe’s Secretary for Mines, Pfungwa Kunaka, has highlighted the government’s ambition to secure a 26% shareholding in major mining projects in Zimbabwe. Speaking to Bloomberg, Kunaka emphasized the need for careful negotiations with existing investors to achieve this goal. “We need to move to a level where we reach 26% shareholding in most of the…
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Mining Zimbabwe
2d ago
RioZim‘s diamond unit RZM Murowa has been ordered to pay US$452,218.62 to local catering firm Introwise Catering (Pvt) Ltd following a contractual dispute over unpaid invoices for services rendered since 2015. Justice Joseph Chilimbe handed down the ruling at the Harare High Court after Introwise sought legal redress, arguing that the mining giant failed to…
The post RZM Murowa Ordered to Pay US$452,218 to Catering Company in Contract Dispute first appeared on Mining Zimbabwe ..read more
Mining Zimbabwe
2d ago
Multi-listed, gold-focused miner Caledonia Mining Corporation Plc’s CEO and Director, Mark Learmonth, has increased his ownership stake in the company to 0.97%, Mining Zimbabwe reports. By Rudairo Mapuranga Learmonth recently purchased 2,047 depositary interests, representing the same number of common shares, at GBP8.30 per share. This brings his total shareholding in Caledonia to 187,031 shares.…
The post Learmonth Increases His Caledonia Ownership to 0.97% first appeared on Mining Zimbabwe ..read more
Mining Zimbabwe
3d ago
Gold trader Kamlesh Pattni has been placed under U.S. sanctions for his role in a global gold smuggling and money laundering network, with his most recent activities in Zimbabwe exposed in the Gold Mafia documentary, Mining Zimbabwe can report. By Rudairo Mapuranga On Monday, the U.S. Department of the Treasury’s Office of Foreign Assets Control…
The post Kamlesh Pattni Sanctioned by U.S. for Gold Smuggling Network Exposed in Gold Mafia first appeared on Mining Zimbabwe ..read more
Mining Zimbabwe
3d ago
These are the official gold buying prices per gram in Zimbabwe today 10 December 2024, from the official gold buyer and exporter Fidelity Gold Refinery (FGR). SG 90% and ABOVE US$81.17/g SG ABOVE 85% BUT BELOW 90% US$80.31g SG ABOVE 80% BUT BELOW 85% US$79.46/g SG ABOVE 75% BUT BELOW 80% US$78.60/g SAMPLE BELOW 10g…
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Mining Zimbabwe
3d ago
Namib Minerals is poised to join the Nasdaq stock exchange following Africa’s largest-ever shell company acquisition, which includes a producing mine, How Mine, and former top gold mines Redwing and Mazowe mines. The proposed US$500-million merger with special purpose acquisition company (SPAC) Hennessy Capital Investment Corp. VI (Nasdaq: HCVI) is expected to close in the…
The post Namib Minerals Set to Become Nasdaq-Listed Gold Miner first appeared on Mining Zimbabwe ..read more
Mining Zimbabwe
4d ago
Gift Mapakame is an accomplished leader in Zimbabwe’s gold mining sector. With over 14 years of experience—more than seven in senior management— Engineer Mapakame has played a significant role in transforming Shamva Gold Mine into one of the nation’s leading gold producers. Under his leadership, the Shamva mine has achieved remarkable milestones, including significantly scaling…
The post Interview – Eng. Gift Mapakame, General Manager Shamva Mine first appeared on Mining Zimbabwe ..read more
Mining Zimbabwe
4d ago
Zimbabwe’s mining sector continues to grapple with the challenges of transparency in revenue collection and distribution. While mineral extraction significantly contributes to national income, the absence of clear and accountable financial systems has impeded the sector’s ability to reach its full potential, Mining Zimbabwe reports. By Rudairo Mapuranga Speaking during a parliamentary engagement program hosted…
The post Opportunities for Improved Mineral Revenue Transparency in Zimbabwe’s Mining Sector first appeared on Mining Zimbabwe ..read more