Mining Zimbabwe Million
Kuvimba Seeks US$150 Million to Develop Shamva Mine
Shamva Gold Mine requires a total of US$150 million to develop into a world-class resource and establish the necessary infrastructure for gold processing News Hub. My account. Get into your account. ... Mining Zimbabwe Mining Zimbabwe - Latest Mining News, Policy, and Industry Updates. 9.9 C. New York. Search. My account. Get into your account ...
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Zimbabwean Miners Face US$500 Million in Losses Amid …
The mining industry in Zimbabwe is facing a mounting crisis, with projected losses of US$500 million in 2025 due to worsening power outages. These disruptions are severely …
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Mining Sector Allocated ZW$664.8 Million, Projected to …
The Zimbabwean government has allocated ZW$664.8 million to the mining sector for the 2025 fiscal year, with the sector expected to grow by 5.6% as the country continues to …
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Zimbabwe: A Wealth of Opportunity Awaits …
Prospect Lithium Zimbabwe: This joint venture swiftly developed a world-class lithium mine and processing plant in Goromonzi within nine months, demonstrating Zimbabwe's efficiency and readiness for large-scale projects. …
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Zimbabwe's Kuvimba signs $310 million lithium …
Zimbabwe's state-owned Kuvimba Mining House has signed a $310 million deal with a consortium of British and Chinese investors for the construction of a lithium concentrator, the company...
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Zimplats Reports 3% Rise in Mined Volumes
Zimbabwe Platinum has reported a notable 3% increase in mined volumes in its latest quarterly update, primarily due to increased production at its Mupani Mine.By Ryan Chigoche. This growth demonstrates the company's resilience, coming despite ongoing challenges from declining global metal prices, which have created a tough market environment.
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Zimplats Spent Over US$800 Million on Major …
The country's biggest platinum group metal (PGM) producer, Zimplats, has spent US$858 million on its major projects as of June 30, 2024, according to the company's quarterly report for the period ending June 30, …
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BREAKING: Kuvimba Signs Over US$300 Million BOT
Kuvimba Mining House (KMH), owned by the country's sovereign wealth fund, Mutapa Investment Fund, has entered into a significant Build, Operate, and Transfer (BOT) agreement with a Chinese consortium worth US$310 million for the Sandawana Lithium Project. By Rudairo Mapuranga. The US$310 million deal, valid for six years, aims to establish a state …
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Murowa Diamond Production Up Slightly, but Challenges …
"The share of profit from the associate declined to ZWG 5.6 million from ZWG 12.8 million recorded in the comparative period," the company noted, reflecting the severity of the price slump. While Murowa remains a crucial part of RioZim's portfolio, its profitability is closely tied to global diamond prices.
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Mining Opportunities in Mberengwa
Mberengwa's mineral wealth positions it as a key player in Zimbabwe's mining sector. With its abundance of high-value minerals and strategic location, the district offers vast opportunities for local and international investors. ... Kavango Secures US$13 Million to Boost Gold Mining Ventures in Zimbabwe. NEWS December 22, 2024. Recent ...
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Pambili Secures Deal to Acquire Gold Claims in Gwanda
Pambili Natural Resources Corporation has entered into a significant 12-month agreement with Long Strike Investments (Private) Limited to acquire 21 gold claims in Gwanda, Matabeleland South Province. The deal aligns with Pambili's strategy to expand its footprint in Zimbabwe's gold mining sector. By Ryan Chigoche In a statement, the Toronto Stock …
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Unki takes ZIMRA to court over a $24 million dispute
Unki Platinum mine has taken the Zimbabwe Revenue Authority (ZIMRA) to court over a $24 million royalty dispute, court documents seen by Reuters show.. Unki filed an urgent application at the high court on Sept. 9 to stop ZIMRA from seizing the money from the miner's bank account, which ZIMRA claims is the value of royalties it is owed by the wholly owned …
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Zimbabwe Mining News, Policy, Events, Investments, …
Mining Zimbabwe covers technical content, investment opportunities, mineral exploration, mining policy, events News Hub. My account. Get into your account. Login. HOME. NEWS. MAGAZINE ... How Mimosa Constructed Its US$75 Million TSF-4. November 4, 2024. Interview: Intrachem's Managing Director – Darryn Brider.
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William Gambiza officially Appointed CEO of HCCL Holdings
Hwange Colliery Company Limited (HCCL) Holdings, currently under administration, has officially appointed William Gambiza as its Chief Executive Officer (CEO), Mining Zimbabwe has learned. By Rudairo Mapuranga. This strategic appointment, made by HCCL Holdings Administrator Munashe Shava, marks a pivotal point in the company's efforts …
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Zimbabwe's biggest miners seek $182 million for …
Some of Zimbabwe's biggest miners are seeking $182 million to develop 200 megawatts of locally-generated solar power, according to the head of the renewables company responsible for the...
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Zimbabwe's government is taking action to support a more responsible artisanal gold mining sector, launching a $23.7 million USD project to reduce mercury across mine sites in the country. A toxic chemical used to extract gold from...
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Balancing Planet, People, and Profit: ESG Priorities …
Zimbabwe's mining sector is increasingly embracing Environmental, Social, and Governance (ESG) principles to promote sustainable development that benefits both communities and the environment. The call to …
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Zimasco Wins US$10 Million Legal Battle Against Zimra
In a landmark ruling, Zimasco has emerged victorious in a legal battle against the Zimbabwe Revenue Authority (Zimra), securing a judgment that absolves the company from paying US$10 million in royalties.This decision follows an extensive examination of Zimasco's tax affairs, particularly concerning the calculation of royalties from 2019 to 2022.
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Mining Highlights Arising from the 2025 National Budget
Introduction The mining sector remains a vital engine for Zimbabwe's economic growth, contributing significantly to the country's GDP, export revenues, and economic …
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Mimosa's Local Development & Supplier Support Programs …
Mimosa Mining Company's (MMC) Local Enterprise Development (LED) and Supplier Support Program (SSP) are yielding positive results, as the PGM miner has so far capacitated five of its suppliers, some of whom are already exporting to the region, Mining Zimbabwe can report.. By Ryan Chigoche. Recently, there has been a notable relocation of …
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Zimbabwe lithium miners want royalties to be linked to prices
Zimbabwe's mining sector has lost $500 million of potential revenue due to output losses from power outages, the chamber said. During the first half of the year, the country's …
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ZCDC Targets 10 Million Carats Through Exploration Expansion
Zimbabwe's largest diamond producer, the Zimbabwe Consolidated Diamond Company (ZCDC), is on a steady path toward increasing its production to 10 million carats annually, primarily through aggressive exploration and the opening of new mining areas, said the Minister of Mines and Mining Development, Hon. Winston Chitando. By Rudairo Mapuranga
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Zimbabwe Mining in 2024 – a quick overview
The mining sector remains the backbone of Zimbabwe's economy, contributing significantly to GDP and export revenues. By Rudairo Mapuranga. In 2024, the Zimbabwe mining sector solidified its position as the most crucial industry, accounting for approximately 12% of GDP and nearly 70% of export earnings, according to the Reserve Bank of Zimbabwe (RBZ).
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Hwange in Over US$10 Million in Profit
Coal producer Hwange Colliery Company recorded a US$10.2 million profit before tax during the quarter ended 30 September 2023, as stated by the company's Administrator, Eng Munashe Shava, in a trading update for the quarter.. Rudairo Mapuranga. Hwange Colliery, in 2022, was placed under reconstruction for the second time in two years to revive the miner …
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Mlambo Crowned Top Outstanding Manager of 2024 at …
Renowned mineral economics expert and University of Zimbabwe lecturer, Lyman Mlambo, has been crowned the Top Outstanding Manager of 2024 (Gold) by the Zimbabwe CEO's Network, Mining Zimbabwe reports. By Patricia Rwafa. This prestigious award recognizes Mlambo's exceptional contributions to mining research, education, and industry advancement.
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Mining Opportunities in Hurungwe
The presence of emeralds in Hurungwe positions the district as a key player in Zimbabwe's gemstone mining sector. These high-value gemstones hold significant potential for export and jewelry manufacturing. ... Kavango Secures US$13 Million to Boost Gold Mining Ventures in Zimbabwe. NEWS December 22, 2024. Recent articles. Gold buying prices ...
WhatsApp: +86 18221755073Opportunities for Improved Mineral Revenue Transparency in Zimbabwe…
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 …
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Advanced Exploration Technologies and EPOs: Key …
As Zimbabwe looks to revitalize its mining sector and unlock its hidden mineral wealth, advanced exploration technologies and the strategic issuance of Exclusive Prospecting Orders (EPOs) are emerging as crucial …
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ACF's $40 million aluminothermic factory to open within …
The first of its kind in southern Africa, African Chrome Fields (ACF) has announced that its new, ground-breaking aluminothermic smelting factory in Zimbabwe will open its doors within the next two months – the result of an approximate $40 million investment for the factory alone. By ACF. The plant is equipped with proprietary state-of-the-art technology which …
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Blanket Mine Wins AMMZ SHE Award for Continual …
Victoria Falls Stock Exchange-listed, gold-focused miner Caledonia Mining Corporation's Blanket Mine has been honored with the prestigious Continual Improvement Award at the Association of Mine Managers of Zimbabwe (AMMZ) Safety, Health, and Environmental (SHE) Awards, Mining Zimbabwe can report. By Rudairo Mapuranga The award highlights the …
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