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Zimplats advances Zimbabwe's value-addition drive
Zimplats, one of Zimbabwe's leading platinum group metals producers, is making significant progress toward enhancing value addition and beneficiation in the mining sector through the construction of a...Published: 09 Dec 2024 at 06:58hrs | 1567 | by Staff reporter
China is helping Zimbabwe to modernise
President Mnangagwa has emphasized that Zimbabwe will continue drawing inspiration from China's rapid modernization to improve the living standards of its people. In an interview with China Media Grou...Published: 08 Sep 2024 at 09:25hrs | 102 | by Staff reporter
The day Sadc failed
THREE weeks ago, the regional bloc,Southern African Development Community (Sadc), hosted the 44th summit in Harare.The summit saw Zimbabwe becoming the chair of the region for the next...Published: 07 Sep 2024 at 10:12hrs | 220 | by Paidamoyo Muzulu
Zimplats narrows down costs
Zimplats narrowed down costs in the quarter to end June although it is still investing in capital projects such as a solar power plant that is due for commissioning and a concentrator project....Published: 16 Aug 2024 at 14:06hrs | 854 | by Staff reporter
Zimbabwe company ventures into lithium battery production
Verify Engineering, a Zimbabwean company, has started lithium battery production, aligning with Zimbabwe's focus on mineral value addition and beneficiation. With Africa's largest lithium reserves, Zi...Published: 08 Jul 2024 at 10:50hrs | 9 | by Staff reporter
Zimplats shields US$1,8 billion expansion plan
PLATINUM giant Zimplats says the current cost-cutting initiatives aim to lessen the effect of budget cuts on its growth strategy, which includes a US$1,8 billion expansion programme.The compan...Published: 21 Mar 2024 at 08:46hrs | | by Staff reporter
Chrome smelter to establish 300MW power plant
GWERU-BASED chrome smelting company, Jin Yi Enterprises is set to establish a 300MW solar and thermal duel power station to generate power for its operations and channel excess electricity to the nati...Published: 15 Jan 2024 at 05:22hrs | | by Staff reporter
Zimplats imports power directly from Zambia
Zimplats, the country's largest platinum producer, now directly imports up to 70 megawatts from Zambia, ensuring stable operations and potentially boosting production.Last year, Zimplats signe...Published: 12 Jan 2024 at 04:59hrs | 2 | by Staff reporter
Even Mnangagwa wants 'whites' to develop Zimbabwe!
A few days ago, I had a very interesting debate with a ZANU PF sympathizer - who was adamant that Zimbabwe was going in the right direction under President Emmerson Dambudzo Mnangagwa.He based...Published: 25 Jul 2023 at 21:50hrs | 12 | by Tendai Ruben Mbofana
Zida approved 4 PPPs in Q2
THE Zimbabwe Investment and Development Agency (Zida) approved four public-private partnerships (PPPs) in the second quarter of this year, with a combined value of more than US$186 million.The...Published: 17 Jul 2023 at 06:58hrs | 9 | by Staff reporter
Chinese firms target US$13bn Zimbabwe project
ABOUT 20 Chinese investors with cumulative turnover of nearly US$40 billion have shown keen interest to invest in the proposed US$13 billion mine-to-energy industrial park in Mapinga, Mashonaland West...Published: 20 Jun 2023 at 06:47hrs | | by Staff reporter
Zesa mulls switch to forex-indexed power tariff
POWER utility Zesa Holdings Limited wants all of its clients, including industries, to pay their electricity bills in foreign currency to fulfil its power import commitments, Zimbabwe Independent can ...Published: 12 Feb 2023 at 07:26hrs | | by Staff reporter
POLICE WARNING: Private security firms potential criminals
POLICE have warned Bulawayo residents against hiring private security companies to patrol in their suburbs as that could expose them to criminals.The officer Commanding Bulawayo Province Commi...Published: 02 Feb 2023 at 23:08hrs | 2 | by Staff Reporter
'Why was Army granted licence to export lithium ore?' - Not because ZDI is on sanctions, there're no investors
"Embattled state arms manufacturer, the Zimbabwe Defence Industries (ZDI) has been controversially granted a special permit to export raw lithium by the government, a decision expected to inject life ...Published: 17 Jan 2023 at 19:21hrs | | by Nomusa Garikai
Zimbabwe's new steel plant 40% complete
Construction of a carbon steel plant in Manhize, Chivhu, by Dinson Iron and Steel Company (Disco) is 40 percent complete, it has been learnt.Addressing a post-Cabinet media briefing, acting In...Published: 04 Dec 2022 at 08:04hrs | 1 | by Staff reporter
Zesa tariff hike looms for miners
ZESA Holdings is set to review tariffs for major consumers such as miners to improve generation and boost its capacity to import electricity to meet local demand.In his 2023 national budget st...Published: 02 Dec 2022 at 05:01hrs | | by Staff reporter
Government outlines measures to stabilise electricity supply
Efforts to stabilise electricity supply are ongoing, with the Government coming up with a raft of measures such as gradually reviewing the tariff upwards so that funds are available for maintenance, i...Published: 02 Dec 2022 at 04:56hrs | | by Staff reporter
Zimbabwe's new multi-billion industrial hub to create 25 000 jobs
A NEW industrial energy hub worth over US$13 billion that is set to create more than 25 000 jobs will soon be running in Mapinga Mashonaland West province in yet another transformative initiative from...Published: 01 Nov 2022 at 05:05hrs | | by Staff reporter
Platinum seen as Zimbabwe's mainstay for foreseeable future
PLATINUM is likely to be Zimbabwe's mainstay in the foreseeable future considering the way platinum firms operating in the country are investing in new mines and smelters to increase production and su...Published: 24 Oct 2022 at 06:11hrs | 1 | by Staff reporter
US$13bn mining deal sealed
The Government and two Chinese investors - Eagle Canyon International Group Limited and Pacific Goal Investment - yesterday signed a Memorandum of Understanding that immediately paves the way for the ...Published: 17 Sep 2022 at 06:40hrs | | by Staff reporter
Zimplats splurges US$270m on capital projects
Zimplats says it has expended in excess of US$270 million on capital projects in 2022, nearly 70% up on the US$159,1 million spent in the previous year.These include stay-in-business, re...Published: 07 Sep 2022 at 06:43hrs | 1 | by Staff reporter
ZIMASCO starts building two new furnaces
ZIMASCO, a unit of China's Sinosteel, has started building two new furnaces at the Kwekwe complex as it targets to raise capacity by 40 percent, a spokesperson said.The US$35 million investmen...Published: 01 Sep 2022 at 06:29hrs | 1 | by Staff reporter
Zesa pays US$6,4m for power deal
ZIMBABWE has secured a five-year deal to import 100 megawatts of electricity a day from Zambia after paying US$6, 4 million upfront to Zesco, Zambia's power utility, Energy and Power Development minis...Published: 22 Aug 2022 at 07:11hrs | | by Staff reporter
Assessing the US$12 billion mining industry target
The Zimbabwean government launched an ambitious plan to transform the mining sector into a US$12 billion export industry by end of 2023. The plan was launched in October 2019 as a key pillar to sustai...Published: 11 Aug 2022 at 12:01hrs | 3 | by Victor Bhoroma
Mnangagwa steps in
Zimbabwe's power supply situation is set to ease significantly in the coming weeks, with President Mnangagwa scheduled to travel to Zambia and Mozambique ...Published: 31 Jul 2022 at 07:19hrs | | by Staff Reporter
Zimbabwe's US$3bn platinum deal all but collapses in a shambles
IT was noisily touted as a game changer for Zimbabwe's mining sector, and the economy; a centrepiece of government's ambitious yet unrealistic US$12 billion target for the industry by next year and ca...Published: 31 May 2022 at 07:38hrs | 11 | by Staff reporter
Zimbabwe suspends platinum levy
THE Government has suspended the 5 percent levy on raw platinum exports after miners lobbied the Treasury for its removal citing its detrimental impact on operations and the commitment by industry pla...Published: 17 May 2022 at 06:31hrs | 2 | by Staff reporter
All Zimbabweans must benefit from mineral Resources: Zimcodd
THE Zimbabwe Coalition of Debt and Development has reported that in the week under review, Zimbabwe registered a big milestone in the mining of Platinum Group Minerals (PGMs) with the addition o...Published: 07 Apr 2022 at 11:08hrs | 1 | by Stephen Jakes
Mining sector key to Zim economy: Zimcodd
The mining sector is a key sector for Zimbabwe as it contributes about 60% to annual export receipts and at least 14% to Gross Domestic Product (GDP).This was revealed by the Zimbabwe Coalitio...Published: 16 Mar 2022 at 11:30hrs | 6 | by Stephen Jakes
Zimbabwe's platinum output rises 6%
ZIMBABWE'S platinum output increased by 6% to 475 000 ounces (oz) last year as the backlog of semi-finished inventory was processed through South African smelters and refineries, the World Platinum In...Published: 13 Mar 2022 at 08:07hrs | 1 | by Staff reporter
Mnangagwa takes urban renewal gospel to Kwekwe
URBAN renewal is at the centre of Zanu-PF's agenda ahead of both the looming by-elections and next year's general elections, occasions which both offer the electorate the opportunity to boot out incom...Published: 25 Feb 2022 at 07:07hrs | | by Staff reporter
Chrome ore export ban excites local players
THE steel manufacturing sector has welcomed Government's decision to ban export of chrome ore saying this will assist local players to secure ferrochrome for their operations at competitive prices....Published: 10 Jan 2022 at 05:56hrs | | by Staff reporter
Chinese firm bails out Zesa
CHINESE steel giant, Tsingshan Limited will soon release US$60 million to Zesa Holdings for the construction of a power transmission line from Kwekwe to Mvuma.This comes after the Chinese comp...Published: 07 Jan 2022 at 19:39hrs | 8 | by Staff reporter
Zimbabwe edges closer to US$12bn target?
Government and private sector players in the mining industry are resolute in their commitments towards achieving the US$12 billion by 2023.Zimbabwe launched the Strategic Road to the Achieveme...Published: 03 Jan 2022 at 05:53hrs | 13 | by Staff reporter
Zambia suffers major power outage
Copper-rich Zambia suffered a major power outage affecting most parts of the country on Friday after a problem at an important hydropower station, and the state utility said it was working to restore ...Published: 07 Nov 2021 at 07:07hrs | 8 | by Staff reporter
ZimAlloys to resume production next year
Zimbabwe Alloys (ZimAlloys), one of the country's largest ferrochrome producer is looking to re-start production during the first quarter of next year, an official has saidThe company owns thr...Published: 08 Oct 2021 at 06:24hrs | 7 | by Staff reporter
Karo plows ahead with mega platinum project
Karo Resources' integrated platinum project in Mhondoro-Ngezi is still proceeding despite disruptions caused by the coronavirus.The project involves mining platinum, chrome, coal and the estab...Published: 26 Sep 2021 at 19:36hrs | | by Staff reporter
Zimasco completes feasibility study for Mberengwa furnaces
ZIMASCO, a local ferro-chrome producer owned by China's Sinosteel, has completed a feasibility study for the construction of furnaces in Neta, Mberengwa District, where it intends to build new mines, ...Published: 22 Sep 2021 at 06:00hrs | 5 | by Staff reporter
Zimbabwe set to up platinum output
Zimbabwe is expected to add up to 4% (about 17 thousand ounces (koz)) of platinum production volumes as a backlog of semi-finished inventory is refined in south Africa on the back of easing disruption...Published: 17 Sep 2021 at 06:18hrs | 1 | by Staff reporter
Chrome export ban sends tremors
GOVERNMENT'S shock decision to ban the export of raw chrome has sent shivers across markets, with mining industry players and leading experts calling on authorities to roll out incentives to stimulate...Published: 08 Aug 2021 at 07:29hrs | | by Staff reporter
Chrome ore export banned
Exports of chrome ore have been banned with immediate effect and exports of chrome concentrates from July next year, as there are now enough smelters in the country to ensure that all exports are of f...Published: 04 Aug 2021 at 06:25hrs | | by Staff reporter
Mystery of Kuda Tagwirei's assets in Zimbabwe revival plan
In December, the government of Zimbabwe announced a multibillion-dollar project called Kuvimba Mining House Ltd. that would hold some of the nation's most valuable gold, platinum, chrome and nickel mi...Published: 11 May 2021 at 09:02hrs | 9 | by Staff reporter
Grace Mugabe's son granted bail
FORMER First Lady Grace Mugabe's son, Russell Goreraza, has been granted bail today at Concession Magistrates Courts on charges of stealing gold processing equipment at Tian Bao Mineral Industry in Ma...Published: 13 Apr 2021 at 11:50hrs | | by Simbarashe Sithole
Grace Mugabe's son detained for theft
FORMER First Lady Grace Mugabe's son, Russell Goreraza, was yesterday remanded in custody at the Concession Magistrates Courts on charges of stealing gold processing equipment at Tian Bao Mineral Indu...Published: 13 Apr 2021 at 06:51hrs | 1 | by Staff reporter
UK firm in talks with Chinese steel giant for Hwange coking coal deal
CONTANGO, the London-listed resources company, is in talks with Afrochine for the supply of coking coal to be produced at Contango's Lubu project in Hwange.A statement by Contango says it is i...Published: 01 Apr 2021 at 07:21hrs | 5 | by Staff reporter
Revisiting the power situation
The Zimbabwe Electricity Supply Authority (ZESA) started receiving electricity imports totaling 400MW from Eskom of South Africa on the 9th of August 2019. The imports came as a relief to the Zi...Published: 26 Aug 2019 at 08:53hrs | 2 | by Victor Bhoroma
Power tariff hike gives Zesa headstart
Finance and Economic Development Minister Professor Mthuli Ncube last week announced an interim tariff framework meant to support Zesa's operations.But will the new tariff(s) address the cripp...Published: 04 Aug 2019 at 10:06hrs | 1 | by Staff reporter
Green Machine primed for tough Platinum smelters
Caps United coach Lloyd Chitembwe is expecting a tough, but entertaining match when his side meets with champions FC Platinum in tomorrow's Castle Lager Premier Soccer League match at Mandava Stadium....Published: 02 Aug 2019 at 08:00hrs | | by Staff reporter
Zimbabweans to pay 173% more for energy
Zimbabweans will soon pay substantially more in electricity tariffs as the southern African country continues to seek ways of alleviating its crippling power shortages.Finance Minister Mthuli ...Published: 01 Aug 2019 at 20:55hrs | | by Staff reporter
Mthuli Ncube raises electricity tariff
Zimbabwe government has introduced new power tariffs aimed at capacitating ZESA to mobilize requisite resources through appropriate and cost recovery tariffs implemented through a differentiated scale...Published: 01 Aug 2019 at 15:03hrs | | by Staff reporter
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