Tag: Mining

Zimbabwe completes gold mining probe

Following a string of allegations about illegal gold mining mafias generating millions of dollars in lost revenue, the Government of Zimbabwe launched an investigation in early August whose results should be made public in the coming weeks. According to the Deputy Minister of Mines and Mining Development, Fred Moyo, the […]

Platinum mines plot mass retrenchments

Platinum mines plot mass retrenchments

Platinum mines plot mass retrenchments: SOUTH African-owned and other mining groups in Zimbabwe will lay off employees to rationalise costs in the next few months, despite platinum, gold and nickel registering growth during the first quarter of the current year. Anglo Platinum’s Unki Mine, Impala Platinum’s Zimplats, Sibanye Gold, whose […]

Minister infuriates Indians over deal

Minister infuriates Indians over deal

A ROW has erupted between Harare and New Dehli after Mines minister Walter Chidhakwa stunned Indian diplomats, state-owned company officials from the vast South Asian economic powerhouse as well as Hwange Colliery Company Limited (HCCL) executives when he claimed last month the US$12 million mining equipment deal between the two […]