Chamber Of Mines Zimbabwe

Topic : Chamber Of Mines Zimbabwe

Stanbic avails US$100 million to mining sector

The bank last year revealed that it commands between 40% and 45% market share in the mining sector.

By Mthandazo Nyoni Jun. 2, 2024

Stanbic avails US$100 million to mining sector

Mineral revenues seen falling 4% to US$5 billion

Despite this decline in performance, the sector accounted for approximately 78% of national exports in 2023, maintaining its position as the largest foreign currency earner in the country.

By Mthandazo Nyoni May. 30, 2024

Mineral revenues seen falling 4% to US$5 billion

Gold production down 11%

Zimbabwe experienced a severe power crisis in the first four months of 2023, resulting in mining houses incurring heavy losses.

By Freeman Makopa Jul. 23, 2023

Zim platinum output drops

Zimbabwe is the world’s third biggest platinum producer behind Russia and its southern neighbour, South Africa.

By Tatira Zwinoira Mar. 10, 2023

‘Power cuts choke mines, industry’

The Chamber of Mines Zimbabwe (CoMZ) said the severe load-shedding would result in failure by the country to achieve the US$12 billion mining economy by 2030.

By Tatenda Manyinyire and Priveledge Gumbodete and Tafadzwa Kachiko Sep. 27, 2022