Articles tagged 'chamber of mines'

Govt backtracks on mines listing requirement 25 April 2018 HARARE - Zimbabwe will drop a requirement that mining companies must list on the local stock exchange from a new mining act, Foreign minister Sibusiso Moyo said on Monday. Industry lobby group, the Chamber of Mines, had expressed concerns about the proposal for mining firms to list locally, wa...
'Command mining could boost economy' 23 May 2017 HARARE - Zimbabwe's move to introduce a “use it or lose it” policy for its mining industry and liberalise gold trading in a bid to boost output could lift the mining sector's contribution to the country's gross domestic product (GDP), experts have said. After the successful implementation of t...
Zim miners target increased output 7 December 2016 HARARE - Zimbabwean miners are targeting increased output next year on the back of improved capacity utilisation, the country's Chamber of Mines has said. A survey conducted by the mining industry body, launched in the capital yesterday, revealed that most miners expect fortunes to turn around...
Mining sector seeks $5bn 25 November 2016 HARARE - Zimbabwe's struggling mining industry requires at least $5 billion to revive its waning fortunes, the country's Chamber of Mines has said. The mining group's chief executive, Isaac Kwesu, on Wednesday told a news conference in the capital that the industry was failing to attract new i...
Miners project $2bn export receipts 29 July 2016 HARARE - Zimbabwean miners are expected to contribute about $2 billion to the fiscus generated from export receipts this year on the back of volatile metal prices, the Chamber of Mines has predicted. The organisation's president Toi Muganyi said the sector, which has seen an increase in small-...
Zim to install mining cadastre 24 June 2014 HARARE - Zimbabwe has floated a tender for the development and installation of a mining cadastre information system to help ascertain the players in the sector and assist in the administration of mining activities. The cadastre system is an electronic register of all miners. It will record ...
Gold earnings slump 20pc 13 March 2014 HARARE - Zimbabwe's total gold earnings slumped 20 percent to $626 million last year from $783 million realised in 2012, latest Chamber of Mines (CoM) figures reveal. This comes as escalating production costs, limited access to long-term capital and depressed global metal prices continue to th...
Platinum refinery: Miners seek private investors 29 January 2014 HARARE - Zimbabwean platinum miners are seeking private investors' partnership in building a refinery in the country. This comes as the platinum group metals (PGM) producers submitted proposals and working documents to government on the back of escalating pressure from the authorities and a th...