Zim amending diamonds law to ensure sector’s sustainability

Zimbabwe has started amending the Precious Stones Trade Act as part of reforms of legislation regulating diamond exploration, mining, value addition and beneficiation as well as the security aspects of the diamond mining industry.

Zim mulling scheme to incentivise beneficiation

The Zimbabwe government plans to introduce incentive schemes to encourage investment in minerals beneficiation and has already called on major mining companies and financial institutions to partner indigenous investors to foster value-addition...

Zim in drive to explore for rare-earth minerals

Zimbabwe is planning to embark on large-scale exploration projects to establish the extent of its rare earth minerals, especially tantalite and lithium-bearing ores.

Zim mining sector to grow by 15.8% this year – Minister

Zimbabwe’s mining sector is expected to grow by 15.8% this year, anchoring the country’s estimated economic growth rate of 9.4%, Mines and Mineral Development Minister Obert Mpofu has said. Addressing a Chamber of Mines breakfast meeting in...

Mining royalty, tax hikes will affect profits, productivity, capacity rebuilding efforts – Zim chamber

The Zimbabwe Chamber of Mines has warned that the continuous hiking of mining taxes and royalties in the precious metals sector would reduce profits, slash productivity and slow down the rebuilding of production capacity by gold and platinum miners.

Mooted Zim gold and platinum royalties could slash production, profits

The African Development Bank (AfDB) says Zimbabwe’s proposal to increase mining royalties in the gold and platinum sectors starting this year could lead to a heavy plunge in production and profits among companies that are currently exploiting...

Mooted Zim gold and platinum royalties could slash production, profits – AfDB

The African Development Bank (AfDB) says Zimbabwe's proposal to increase mining royalties in the gold and platinum sectors starting this year could lead to a heavy plunge in production and profits among companies that are currently exploiting...

Chinese firm begins Zimbabwe diamond sales

Chinese-owned Anjin Investments has started selling its two-million carats of stockpiled diamonds mined in Zimbabwe after global gem regulator Kimberley Process allowed the firm last month to begin exports, State media reported on Tuesday. The...

US to maintain ban on Marange diamonds despite Kimberley Process green light

The US says it will continue to enforce its ban on the trading of diamonds from the controversial Marange diamond field, in Zimbabwe, despite the fact that the country has been cleared by the Kimberley Process Certification System (KPCS) to trade...

Zimbabwe gets green light for Marange diamond exports

Zimbabwe has been given the green light to start rough diamond exports from all operations in the controversial Marange region, according to an agreement reached on Monday at the 8th Kimberley Process (KP) Plenary in the Democratic Republic of...

Zimbabwe mining sector grows, but challenges remain

Zimbabwe is endowed with significant coal resources, particularly in the north-west and southern regions, and it has been estimated that, while the country has not yet been fully explored and developed, it holds about 26 500-million tons of...

Zimbabwe mining sector grows, but uncertainty and challenges remain

Zimbabwe is endowed with significant coal resources, particularly in the north-west and southern regions, and it has been estimated that, while the country has not yet been fully explored and developed, it holds about 26 500-million tons of...