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The decision to give Zimbabwe no more than a slap on the wrist for the human rights abuses which its army has committed on the Marange alluvial diamond fields in the south-east of the country seriously threatens the future of the diamond industry's initiative to avert consumer boycotts of its gemstones.
As if they were going to the races, Emma Musako and Monica Mhango showed up in their finest outfits to attend a meeting on the health, social and environmental impacts of uranium mining. They came because they, like the other attendees, no longer want to remain uninformed citizens.
The credibility of the world's "blood diamond" monitoring group has been damaged after its failure this week to suspend Zimbabwe despite overwhelming evidence of serious human rights abuses and smuggling in the Marange diamond fields in eastern Zimbabwe, Human Rights Watch said today.
Senior officials of a Chinese firm, SINOSTEEL, which is carrying out the project, visited the mining sites on Wednesday.
THE Reserve Bank of Zimbabwe (RBZ) last week started buying bonds it had issued to gold miners in February this year after it failed to pay for deliveries made by miners. This is a surprise move especially at a time when the RBZ governor, Gideon Gono, had confirmed that the central bank had not been receiving fiscal support since the beginning of the year.
MWANA Africa has secured US$10 million funding for Freda Rebecca Mine from the Industrial Development Corporation of South Africa. This loan facility is expected to enable Mwana to accelerate the implementation of the mine's refurbishment programme which is expected to spur the gold mining company's output to more than 50 000 ounces of gold per year.
Villagers in the TDA have been wondering about the impact on sand mining on their environment especially in this era of climate change when rising ocean level and floods are becoming common occurrence. This is why interviews were made with the people at Katong to know their concerns.
The Erongo region has been experiencing a uranium boom due to increases in the price of uranium over the past few years.
MINING companies can start registering now for their obligation to pay tax under the Mining Royalties Act and are being urged to discuss with the South African Revenue Service (SARS) the details of how the act will apply to their particular operations.
THE Osukuru community in Tororo district has been asked to withdraw a civil matter they filed against an investor seeking to explore phosphate deposits in Osukuru hills.
THE Industrial Development Corporation of South Africa has approved the provision of up to US$10 million debt funding for the Freda Rebecca gold mine in Zimbabwe.
Zimbabwe's rough diamond trade has escaped a six-month suspension by the Kimberley Process Certification Scheme (KPCS) - an international initiative to stem the flow of conflict diamonds - after its own investigating team recommended earlier in 2009 that the country be temporarily barred from importing and exporting the gems.
ZIMBABWE has placed the blame for not complying with the principles of the Kimberley Process Certification Scheme (KP) on the global diamond trade regulator itself, saying the watchdog has reneged on technical assistance to the country.
The government's campaign to lobby for support of the country's continued participation in the global diamond trade has paid off, with the country escaping a ban by international diamond regulatory body, the Kimberley Process.
AS ANY childcare expert will tell you, if you want to get difficult kiddies to behave, it's best to try to reinforce the positives, not just berate them for the negatives.
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EVERYBODY knows the decision by the Reserve Bank of India to buy 200 tons of gold is the best thing since sliced bread for the South African gold industry. Likewise, the trade is negative for the dollar.
CONTRACTORS have moved on site in Solwezi to give the civic centre a facelift and install street lights in a project expected to cost the local authority about K1.7billion.
ZIMBABWE Miners Federation president Trynos Nkomo has said small-scale miners are about to realise their true potential once the federation seals a partnership deal with a Chinese firm that specialises in mining equipment.
THE African National Congress (ANC) yesterday emphatically said it had no intention of nationalising SA mines, saying no party leader would "make policy pronouncements" based on "sentiment" .
THE government has questioned the mining sector's commitment to transformation, and hit out at companies for using black people as "fronts" or "window-dressers" to meet mining-charter targets.
The government's delegation to the annual meeting of the Kimberley Process (the regulatory body tasked with ending the global trade in conflict diamonds) has argued there is insufficient evidence to support claims of human rights abuses at the Chiadzwa diamond fields, prompting fears that a hoped-for ban on Zimbabwe's diamonds is unlikely.
The pressure from human rights groups and NGOs across the world is building on the Kimberley Process to ban Zimbabwe from international diamond trade.
The management of Debswana is scheduled to meet the Botswana Mining Workers Union (BMWU) on Friday to discuss the ongoing impasse regarding a 15 percent pay hike that employees are demanding.
Dana Steel Limited, the core investor in Katsina Steel Rolling Company, has concluded plans for the commissioning of its new 180,000 metric tons billets manufacturing plant.
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