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Zimbabwe:
Dalny Mine Shut Down
The Herald, 3 September 2013
CANADIAN-BASED gold miner New Dawn Mining Corporation says its Zimbabwean subsidiary, Falgold, has shut down its Dalny Mine in Kadoma after Zesa Holdings disconnected power… Read more »
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Zimbabwe:
900 Workers Sent Home As Mine Shuts Down
New Zimbabwe, 1 September 2013
SOME 900 workers at Dalny mine near Kadoma have been sent home on unpaid leave after the gold producer was shut down with its Canada-based parent blaming the lack of progress in… Read more »
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Zimbabwe:
More Zim Companies Face Indigenisation Threat
SW Radio, 3 September 2013
About 100 Zimbabwean companies have been handed a 14 day ultimatum to officially register their compliance with the controversial indigenisation laws, or face serious punitive… Read more »
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Zimbabwe:
Mining Sector in Dire Need of FDIs
Zimbabwe Standard, 4 August 2013
GOVERNMENT has to be consistent in its polices to attract Foreign Direct Investments (FDIs) in the mining sector, permanent secretary for Economic Planning and Investment Promotion… Read more »
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Zimbabwe:
Low Gold Prices Hit Metallon Gold
The Herald, 23 July 2013
METALLON Gold Zimbabwe is considering cutting salaries by at least 50 percent as a result of volatile gold prices on the international market, some workers at the company confirmed… Read more »
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Zimbabwe:
New Dawn Reacts to Falling Gold Prices
The Herald, 22 July 2013
Gold prices have been subdued during the first six months of this year with the yellow metal trading at between US$1 200 and slightly above US$1 600 an ounce. Read more »
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Zimbabwe:
Mining Growth Under Threat
The Herald, 8 May 2013
THE Chamber of Mines of Zimbabwe will hold its 74th annual general meeting in Nyanga next week to deliberate on issues besetting the sector amid doubts the projected 17 percent… Read more »
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Zimbabwe:
Riozim Sinks Deeper Into Debt
The Herald, 7 May 2013
RIOZIM Limited, already groaning under a US$91 million liability, will later this month ask shareholders to approve a total of US$17 million in debts taken above its borrowing… Read more »
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Zimbabwe:
Gold Price Plunge Shocks Mines
Financial Gazette, 2 May 2013
A SUSTAINED slump in international gold prices registered in the past month could trigger the closure of some gold mines and curb investment, analysts warned this week, as the… Read more »
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Zimbabwe:
Small-Scale Gold Miners Face Tough Times
Zimbabwe Standard, 28 April 2013
GOLD production by small scale miners plummeted to two tonnes last year from 17 tonnes recorded nine years ago as exorbitant mining levies and punitive policies take its toll, an… Read more »
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Zimbabwe:
Gold Deliveries Decline
The Herald, 19 April 2013
ZIMBABWE'S total gold deliveries for the month of February declined by 0,54 percent from 967,45kg in January 2013 to 962,2kg. Read more »
