Archived News Items

Filter  MonthJanFebMarAprMayJunJulAugSepOctNovDec Year20002001200220032004200520062007200820092010 5101520253050100All Filter

• Zimbabwe: U.S., South Africa Press Govt Over Diamonds

  Created: 2009-11-13 11:13:12 Author: Andre van Wyk - allAfrica.com

  South African and American diplomats said this week that they expected Zimbabwe to implement "stringent controls" according to a "very tight work plan" to make the country's diamond exports comply with the Kimberley Process (KP).

  In a statement ...

• Zimbabwe: 'Country Won't Export Marange Diamonds'

  Created: 2009-11-13 11:11:38 Author: Financial Gazette (Harare)

  Harare — ZIMBABWE'S government won't export diamonds from its disputed Marange diamond fields until it has put in measures to better monitor trading in the gems.

  "Zimbabwe agreed not to export Marange diamonds until the monitoring mechanism is...

• Zimbabwe: Steel Industry Remains Subdued

  Created: 2009-11-13 11:03:40 Author: Munyaradzi Mugowo - Financial Gazette

  Harare — ASTRA Industries Limited, a multi-industry company that operates a steel subsidiary, says there is "very little" scope for steel manufacturing recovery until mining and construction -- key clients for the industry -- start picking up again.<...

• Zimbabwe: New Dawn's Flagship Mine Shines

  Created: 2009-11-13 11:00:58 Author: Financial Gazette

  Harare — TORONTO-listed New Dawn Mining Corp's Zimbabwe mining operations produced 3,059 ounces of gold during the quarter to September 30 2009, an announcement by the group said.

  The gold was produced from the group's flagship mining operatio...

• Zimbabwe: Govt, Miners On Royalties Collision Course

  Created: 2009-11-12 10:57:01 Author: Bernard Mpofu - Zimbabwe Independent

  Harare — GOVERNMENT and mining companies are heading for a collision over a proposed economic policy to raise mining royalties in the next six years. Economic Planning and Investment Promotion Minister Elton Mangoma on Monday presented a draft econom...

• Zimbabwe: Mines Engage Biti Over Funds

  Created: 2009-11-12 10:52:50 Author: Chris Muronzi - Zimbabwe Independent

  Harare — Mines have sought the intervention of Finance minister Tendai Biti in a bid to recover funds misappropriated by the central bank over the years, businessdigest can reveal. A Chamber of Mines letter seen by this paper sent to Biti appealed to...

• Zimbabwe: South African Firm Seeks Joint Diamond Mining Ventures

  Created: 2009-11-12 10:18:14 Author: The Herald

  Harare — SOUTH African scrap metal company, New Reclamation Group Limited, owned by Old Mutual Plc, is seeking to form a joint venture in Zimbabwe to mine diamonds in Marange.

  The group said they would manage the deposit through its 50 percent...

• Zimbabwe: Two Firms Join ZMDC At Chiadzwa

  Created: 2009-11-11 10:17:19 Author: Takunda Maodza - The Herald

  Harare — TWO companies have joined the Zimbabwe Mining Development Company in extracting diamonds at Chiadzwa as full exploitation of the precious gem begins.

  Locally-owned Mbada Mining and Canadile Miners Private Limited -- believed to be a p...

• South Africa: Trans Hex Back in Profit As Cost Management Pays Off

  Created: 2009-11-11 10:00:43 Author: Bheki Mpofu - Business Day

  Johannesburg — DIAMOND producer Trans Hex swung back to profitability in the six months to September as diamond prices and output stabilised, and its focus on cost containment started to pay off.

  CEO Llewellyn Delport said the company would re...

• Zimbabwe: RioZim Sets New Production Targets

  Created: 2009-11-09 11:57:10 Author: The Herald

  Harare — MINING giant, RioZim is planning to increase gold production to 80kg from the current 60kg a month.

  According to the Kingdom Financial Holdings Limited latest weekly report, the increase would be effected at the mining giant's Renco M...

• South Africa: First Uranium's New Deal With Wheaton Will Ensure Stability

  Created: 2009-11-09 09:17:10 Author: Charlotte Mathews - Business Day

  Johannesburg — GOLD and uranium miner First Uranium has entered into a second financing transaction with Gold Wheaton, which will help to cushion its gold production against future challenges in economic, industrial or operating conditions, such as d...

• Zimbabwe: Failure to Act on Abuses Threatens Conflict Diamond Process

  Created: 2009-11-08 11:52:21 Author: Ross Harvey - allAfrica.com

  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 ini...

• Zimbabwe: Mugabe Booed But Clings On

  Created: 2009-11-08 09:29:18 Author: Angelo Izama

  This week Zimbabwe's diamond industry was saved from a ban by the 70-member global diamond trading group as a result of a campaign from human rights organisations. The Mugabe government is being accused of killings in the Murange diamond fields last ye...

• Zimbabwe: KP Gives Green Light On Diamonds

  Created: 2009-11-07 11:55:12 Author: Sydney Kawadza - The Herald

  Harare — Zimbabwe can continue mining diamonds under the Kimberley Process Certification Scheme after the 70-member international diamond trade body accepted that Zimbabwe was reforming its mining practices.

  In an administrative decision annou...

• South Africa: SARS Opens Mining Royalties Register

  Created: 2009-11-06 11:17:13 Author: Charlotte Mathews- Business Day

  Johannesburg — 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 parti...

• Zimbabwe: U.S$10 Million Boost for Freda Rebec

  Created: 2009-11-06 11:14:21 Author: Walter Muchinguri - The Herald

  Harare — 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.

  Freda's parent company Mwana Africa Plc announced yesterday that the pr...

• Zimbabwe: Kimberley Process Ignores Its Own Advice

  Created: 2009-11-05 11:10:37 Author: IRIN

  Johannesburg, — 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 ...

• Zimbabwe: Govt Blames Gem Vetting Process

  Created: 2009-11-05 11:01:08 Author: The Namibian

  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.

  Zimbabwe...

• Zimbabwe: Country Escapes Diamond Ban Despite Rampant Rights Abuses

  Created: 2009-11-05 10:57:35 Author: Alex Bell - SW Radio Africa

  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.

  A decision on Zimb...

• South Africa: The Big Stick

  Created: 2009-11-05 10:50:02 Author: Business Day

  Johannesburg — 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.

  This is not the kind of advice Mineral Resources Ministe...