In 2022, mineral exports surged to US$5.62 billion, compared to US$2.7 billion in 2017. The mining sector has made a positive contribution to the country's fiscal revenue, with its share increasing from 9% to 12% over a span of five years. However, there is a prevailing sense of pessimism regarding Zimbabwe's mining outlook. The mining …

Zimbabwe gold buying prices 16 June 2023. This year, the government has set a gold production target of 40 tonnes which has proven to be out of reach with the country's sole gold buyer and exporter recording only 12 tonnes during the first half of the year. Production is expected to rise to 17 tonnes during the second quarter of the year ...

Modern-day Gold Mining. Nowadays, gold remains the largest export from Zimbabwe and is worth over $2 billion to the country. Ranking 35th in the global list of the biggest exporters, the industry continues despite facing some issues. Spiraling costs, environmental concerns, and modernization have threatened to hold the industry back in …

Research conducted by Levin Sources in Zimbabwe shows that the COVID-19 pandemic has exacerbated pre-existing challenges associated with a recent period of economic, social and political fragility.. About the Delve COVID-19 Impact Reporting initiative. In June, we launched a research effort into the impacts of COVID-19 on artisanal and small-scale …

Villagers in Uzumba Maramba Pfungwe are facing a serious water crisis as gold panning activities along the Mazowe River have negatively impacted on efforts to access drinking water. In an interview one of the residents, Mr Joseph Kafura of Nyandoro village in Pfungwe, said the water is no longer potable following massive alluvial mining …

The government's laxity in the mining industry monitoring has precipitated widespread gold smuggling at a time when the country is targeting a US$12 billion mining industry by 2023. Authorities in Zimbabwe have been urged to combat unlawful gold trading, corruption, and money laundering in the mining industry, according to the socio …

Interviews, NEWS. Yes Captain! Interview Fazilla Mukazi – Shift boss, (PROTO) brigade's person. December 5, 2023. 5 mins Read. Mining Zimbabwe is a reliable source of unfiltered Zimbabwe Mining News. Learn about Mining in Zimbabwe, Policy, Monthly magazine, mining events, gold, lithium.

The Ministry of Finance says it has been losing about $1.8bn of mineral revenues; especially from gold smuggling. Kazembe Kazembe, the Minister of Home Affairs, said Zimbabwe has been losing some $100m worth of gold every month through international smuggling rings and the country's porous borders. The Zimbabwe Debt and …

7 January 15, 2014 7:14 PM. via RadioVop Zimbabwe – Government And Zanu PF Officials In Fresh Gold Mining Rush January 15, 2014 By Criswell Chisango. Government officials including service chiefs, Zanu PF members are implicated in a looting spree following a gold rush in Hurungwe. The area at the centre of controversy is under Chief ...

Trending. Water Act of Zimbabwe. "The situation in Chimanimani is devastating as illegal gold miners have invaded the mountains and have polluted the waters with chemicals such as mercury they use when extracting the gold," said Sibanda. "As you walk down the streams of Chimanimani, you find dead frogs and other …

Zimbabwe's mining sector has experienced a positive run over the last two years with growth for the sector having leapt from 5,9 percent in 2021 to an estimated 10 percent in 2022 (File Picture). ... It noted that gold prices in 2022 displayed more volatility as a response to developments in interest rates but remained above the long-term ...

Gold and platinum are expected to have a loss of about US$160 million while potential revenue loss for nickel, ferrochrome, coal, and diamonds for the second quarter of 2020 is estimated to exceed …

All That Glitters is Not Gold: Turmoil in Zimbabwe's Mining Sector - Zimbabwe Situation. 0 November 24, 2020 10:23 AM. In 2019, killings by machete-wielding gangs at Zimbabwe's gold mines jogged …

Gold deliveries for the first ten months of 2021 totalled 22 tonnes, up from 16 tonnes in the same period last year, according to numbers released this week by Fidelity Printers and Refiners (FPR). Gold exports, Zimbabwe's most valuable resource, dropped from US$1.60 billion in 2019 to US$980 million in 2020. The RBZ blamed Covid-19 …

Mining Sector 4 Situational Report SITREP Types of disputes and conflicts recorded in the artisanal and scale mining sector Based on field research, the main actors and types of disputes or conflicts in the artisanal and small- scale mining sector in Zimbabwe's gold mining sector range from farmer and miner conflicts;

1 September 7, 2014 1:20 PM. via MINING GOLD: Mercury poisoning: The slow, silent killer – The Sunday Mail 7 September 2014 by Tendai Chara. Thousands of Zimbabweans living in areas where gold panning activities are the main source of livelihood are on a daily basis exposed to mercury poisoning. The atmosphere is electric.

Surge in artisanal gold mining in Zimbabwe. Artisanal gold mining can be traced as far back as the precolonial era in Zimbabwe when people used to trade with the Portuguese and Arab traders. ... 2001 and 2018 also worsened the situation, adversely affecting agricultural production leading to food insecurity (Mkhize and Moyo 2012).

In Zimbabwe, artisanal and small-scale mining (ASM) 1 has long been an important economic sector and a contentious arena for policymaking. The sector involves rudimentary forms of mineral extraction, and extensive research has discussed its environmental risks ( Zwane et al., 2006 ). Research has also shown that it provides …

Large-scale miners supplied nine tonnes of gold over the time, according to FPR, the country's lone buyer of gold, lagging output from small-scale producers, which …

This paper explores the changing dynamics of Zimbabwe's gold mining sector. The paper starts by providing a brief historical overview of gold mining in …

Blanket Mine is Zimbabwe's largest single gold mine by output having produced 57 899 ounces in 2020, a jump from 55 000 ounces recorded in 2019. The …

The Renco Mine is 100 per cent owned by RioZim Limited. The mining rights are held through mining claims, a mining lease, and a special grant covering a total area of 2 736 hectares. The mine is located in the South-East of Zimbabwe in Nyajena communal lands, approximately 75km southeast of Masvingo.

Amid socio-economic malaise facing Zimbabwe, mining is the only remaining silver lining. The sector underpins the country's socio-economic growth prospects. Gold which is expected to contribute US$4 billion, a third of the anticipated US$12 billion earnings from mining by 2023, undoubtedly, is strategic to the country's …

By FARAI MUTSAKA. Published 11:02 AM PDT, July 5, 2023. HARARE, Zimbabwe (AP) — A Chinese mining company formally opened a $300 million lithium processing plant Wednesday in Zimbabwe, which has one of the world's largest reserves of the metal as demand surges globally because of its use in electric car batteries.

October 25, 2021. 0 110. GOLD output surged by 29% during the nine months ended September 30, 2021 after robust international prices improved Zimbabwean producers' …

Zimbabwe Gold Mining News Service from EIN News. Mining Industry Today. Questions? +1 (202) 335-3939. Set Up FREE Account Submit Release. ... The Zimbabwe mining industry in the last five years realized a total of US$20 billion from mineral exports, the Minister of Mines and Mining Development, Hon Zhemu Soda, announced. ...

Large scale gold mining companies should be held accountable for the Battlefields mine disaster that left over 24 artisanal miners dead because they failed to obtain certificates of abandonment as required by the Minerals and Mines Act after they abandoned their unutilised claims. Presenting a report titled "Gold Capitalism and …

January 25, 2023. 0 153. Zimbabwe's gold mining sector is targeting to raise production to 40 tonnes this year, up from 35.38 tonnes last year, an official said Tuesday. Last year's output was a record high, spurred by …