The Zimbabwe Miners Federation (ZMF) is abuzz with excitement following the organisation’s President Ms Henrietta Rushwaya‘s successful negotiations in China in securing an electric vehicle (EV) scheme for the organisation’s members. Brand new EV cars will be sold on a loan scheme to ZMF members and non-members, with ZMF members benefiting from a discounted rate.… The post Miners Celebrate as ZMF Secures Major EV Deals in China, cars will be sold on a loan scheme to members first appeared on Mining Zimbabwe ..read more

The Reserve Bank of Zimbabwe (RBZ) began circulating the new Zimbabwe Gold (ZiG) banknotes this Tuesday, with individuals permitted to withdraw only ZiG3,000 per week and companies ZiG30,000 per week. Patricia Rwafa On April 5th, the new RBZ governor, John Mushayavanhu, launched the ZiG currency, backed by reserves of US dollars and precious metals, particularly… The post ZiG hits Harare streets first appeared on Mining Zimbabwe ..read more

Lithium producer Bikita Minerals has lost a case in which it had approached the High Court seeking an interdict against Aurion Resources over some lithium ore it claimed had been stolen from its mine, Zim Independent has reported. Bikita Minerals dragged Aurion Resources, the officer in charge ZRP CID Flora and Fauna Unit in Masvingo… The post Bikita Minerals loses fight over ‘stolen’ lithium ore first appeared on Mining Zimbabwe ..read more

Kuvimba Mining House (KMH) Chief Executive Officer (CEO) Simba Chinyemba is set to leave the diversified mining company to join Mutapa Investment as Chief Investment Officer (CIO), Mining Zimbabwe has learnt. According to sources Chinyemba was headhunted for the Chief Investment Officer position and will be overseeing state-owned enterprises that include Net One, National Railways… The post Kuvimba Mining House Group CEO Simba Chinyemba to leave Kuvimba for Mutapa Investment Fund first appeared on Mining Zimbabwe ..read more

The Deputy Minister of Mines and Mining Development, Engineer Polite Kambamura, unveiled the Minerals Marketing Corporation of Zimbabwe (MMCZ) – Zimbabwe School of Mines (ZSM) Gemstone Cutting and Polishing Training Centre on Thursday last week. Aligned with the National Development Strategy 1 (NDS1) for 2021-2025, aimed at promoting value addition and beneficiation, MMCZ collaborated with… The post MMCZ-ZSM Gemstone Cutting and Polishing Training Centre Officially Opened first appeared on Mining Zimbabwe ..read more

The mining sector accounted for 18% of the projected investment value based on the number of licenses issued, as stated by Zimbabwe Investment Development Agency (ZIDA) CEO Tafadzwa Chinamo. By Rudairo Mapuranga Chinamo noted that the services sector had the highest projected investment, accounting for 25%, while the construction industry followed at 23%, with mining… The post Mining Accounts for 18% Projected Investment Value in Q1 2024 first appeared on Mining Zimbabwe ..read more

ZIMPLATS‘ parent company, Implats is considering reducing its workforce by 3,900 to streamline operations and reduce costs. Patricia Rwafa As announced last week, Impala Platinum, a leading South African mining company and the world’s second-largest platinum producer announced plans for significant restructuring on Friday. This restructuring could impact up to 9% of their employees across… The post Implats is considering reducing its workforce by 3,900 first appeared on Mining Zimbabwe ..read more

Feasibility studies for a lithium sulfate plant are currently underway at Arcadia Lithium Mine, owned by Huayou Cobalt’s Prospect Lithium Zimbabwe (PLZ), the country’s largest lithium spodumene producer. PLZ General Manager Henry Zhu stated that the Arcadia Lithium Mine in Goromonzi is being evaluated for this purpose. Despite a downturn in investment due to declining… The post Arcadia Lithium Mine Moves to Produce Battery-Grade Lithium first appeared on Mining Zimbabwe ..read more

Winston Chitando has been reassigned to the position of Minister of Mines and Mining Development. Chitando replaces Minister Zhemu Soda as announced by Chief Secretary to the President and Cabinet Dr Martin Rushwaya. Chitando’s experience in the Mining Industry Winston Chitando served as the Executive Chairman of Mimosa Holdings from April 1, 2013, till his… The post BREAKING: Chitando re-assigned to the position of Minister of Mines first appeared on Mining Zimbabwe ..read more

Fidelity Gold Refinery (FGR) official gold buying prices/ gram. See the Zimbabwe gold buying prices/ gram today 24 April 2024. SG 90% AND ABOVE US$70.74/g SG ABOVE 85% BUT BELOW 90% US$69.99g SG ABOVE 80% BUT BELOW 85% US$69.24/g SG ABOVE 75% BUT BELOW 80% US$68.49/g SAMPLE BELOW 10g BUT ABOVE 5g US$67.37/g Fire Assay… The post Zimbabwe gold buying prices/ gram 24 April 2024 first appeared on Mining Zimbabwe ..read more