MINING & RETAIL

US$1m for strategic minerals licence in Zimbabwe

Zimbabwe has gazetted a sweeping new Mines and Minerals Bill that seeks to clamp down on speculative mining claim hoarding while ensuring only credible investors participate in the extraction of strat...

MINING & RETAIL

Mines and Minerals Bill gazetted

The Mines and Minerals Bill (H.B. 1, 2025) has been officially gazetted, marking a significant step toward modernising Zimbabwe's mining legislation, which currently dates back to the colonial era.The...

MINING & RETAIL

Prospectors slam Zimbabwe's 'secretive' Mines and Minerals Bill

Zimbabwe's long-anticipated Mines and Minerals Bill is under fresh scrutiny, with industry stakeholders warning that the proposed legislation remains opaque, exclusionary, and dangerously susceptible ...

POLITICS

Mnangagwa offers Lukashenko minerals

President Emmerson Mnangagwa has extended an invitation to Belarusian President Aleksandr Lukashenko to explore Zimbabwe's vast mineral wealth, as part of efforts to revive the country's struggling ec...

MINING & RETAIL

Zimbabwe's mineral revenues decline despite volume surge

Zimbabwe's mining sector delivered a mixed performance in the first quarter of 2025, with mineral export volumes registering notable growth, but overall revenues falling sharply. This is according to ...

MINING & RETAIL

Bikita Minerals to beneficiate lithium

Zimbabwe's sole lithium producer, Bikita Minerals, has set its sights on beneficiating the mineral in a development that is expected to rake in more foreign currency for the country in line with Gover...

MINING & RETAIL

Chrome ore spurs minerals sales

MINERAL sales by volume increased by 29% to 592 179 metric tonnes (mt) in the first four months of the year, with most minerals registering a growth, statistics from the Minerals Marketing Corporation...

MINING & RETAIL

Small-scale miners petition minister over Minerals Bill

The Confederation of Zimbabwe Miners (CZM) and Small Scale Miners of Zimbabwe have petitioned Mines and Mining Development Minister Winston Chitando and Parliament over Mine and Minerals Bill of 2015,...

Zim first quarter mineral exports up 14%

Zimbabwe's mineral exports revenue in the first quarter to March this year rose 14 percent driven by sales in platinum group metals and nickel, latest statistics have shown. According to the Minerals ...

MINING & RETAIL

Zimbabwe mineral exports up 12%

MINERAL exports revenue jumped 12% to US$372,5 million in the first quarter of the year (Q1) compared to US$332,4 million in the same period in 2017 driven by increased tonnage output.Figures released...

MINING & RETAIL

Zimbabwe to plug off mineral leakages

The government has stepped up efforts to plug off mineral export leakages by establishing a $1.7 million dollar project to monitor flow of resource commodities and determine their exact values.Zimbabw...

BUSINESS NEWS

Govt working on new minerals policy

Government is working on a new diamond and platinum mining policy to replace the 51/49 percent shareholding requirement that regulates the two minerals.The policy, which was removed a few months ago o...

MINING & RETAIL

Zimbabwe to tighten screws on mineral shipments

ZIMBABWE will this year set up a metallurgical laboratory to determine the exact value and quality of mineral export shipments, particularly the platinum group of metals (PGMs), businessdigest reporte...

MINING & RETAIL

Bikita Minerals invests more in lithium

Bikita Minerals is currently assaying rock samples for high-grade lithium concentrate (spodumene) reserves, which, if confirmed, will help turn the mine into a big money spinner.The world's sole comme...

MINING & RETAIL

Bikita Minerals to increase petalite production

BIKITA Minerals plans to increase petalite production by 74 percent by the end of the year from an average of 46 000 tonnes annually on the back of the company's $10 million recapitalisation project.P...

MINING & RETAIL

'Expedite Mines, Minerals Amendment Act'

With improved investment interest into the country in recent months, the mining industry remains one of the most sort-after sectors earmarked to speed the country's economic revival, but stalling in t...

MINING & RETAIL

Zim prospects for new minerals

GOVERNMENT has intensified its exploration of new minerals and has granted 30 exclusive prospecting licences since November last year, Minister of Mines Winston Chitando has said.Zimbabwe, which has 4...

BUSINESS NEWS

Zim to mortgage minerals for capital

RESERVE Bank of Zimbabwe governor John Mangudya on Monday told visiting Australian assistant secretary for Africa branch Gita Kamath that the country is ready to securitise its mineral resources in ex...

MINING & RETAIL

Premier African Minerals in funding discussions

AIM-listed Premier African Minerals says it is in discussions with the National Indigenisation and Economic Empowerment Board (NIEEB) to agree on alternative financing options for the cash-strapped RH...

MINING & RETAIL

Zimbabwe key minerals exports up 31%

Zimbabwe's exports of key minerals rose 31,5 percent in the 10 months to October this year, driven by an increase in high carbon ferrochrome and chrome ore sales. The value of export receipts reached ...

MINING & RETAIL

Zim mineral revenue hits $1bn in seven months

Mineral revenue reached $1 billion in the seven months to July 2017, with gold contributing half of the total sales. In the half-year to June 2016, mineral revenue was at $806 million, driven by an in...

MINING & RETAIL

Mineral exports exceed $1bn mark

ZIMBABWE'S total mineral export earnings in the first half of the year have exceeded the $1 billion mark as Government and miners move to grow the sector from a $2 billion to a $3 billion a year expo...

MINING & RETAIL

Zimbabwe warned against mortgaging minerals

Zimbabwe must stop mortgaging minerals to secure loans but must negotiate deals more shrewdly to preserve future generations from bad decisions, a renowned Ghanaian economist said.Douglas Boateng, Afr...

BUSINESS NEWS

'Zim govt will not mortgage minerals,' says Chinamasa

Government will not consider using the country's mineral resources as leverage to mobilise funds needed to revive the economy before conducting geological surveys of the resources available, an offici...

MINING & RETAIL

Bikita Minerals to invest into exploration

Zimbabwe biggest lithium miner, Bikita Minerals is set to invest into exploration activities for tantalite in order to grow its portfolio, taking advantage of the firming international prices currentl...