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Monday, August 26, 2019
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From festivals in Florida to touring Dracula’s digs in Romania, we round up the best destinations to visit this October. As summer abandons Europe again this October, eke out the last of the rays and raves in Ibiza, where nightclubs will be going out with a bang for the winter break. When the party finally stops head to the island’s north.

Falcon Gold in financial distress as loss widens to $4,8m

PHILLIMON MHLANGA Troubled listed resources firm, Falcon Gold Zimbabwe, is in severe levels of financial distress due to worsening economic conditions in the country...

Zim signs US$500m deal  with UAE based coal mining consultancy

TAURAI MANGUDHLA Mines and Mining Development minister Winston Chitando yesterday inked a historic US$500 million deal with UAE-based boutique consulting firm Victoria Consulting that is expected to...

Padenga proposes move to gold mining as Eureka desperately needs funding

HARARE – Listed crocodile skins exporter announced plans to acquire a 50.1% equity stake in Dallagio, a mining business which has interests in the...

Cartel mops up Zim’s gold

TAURAI MANGUDHLA/LIVINGSTONE MARUFU Zimbabwe’s new monetary reforms and unfavourable prices being offered by authorities have given life to side marketing in the gold sector following...

Govt moves to plug diamond looting

TINASHE MAKICHI Government has seconded two security personnel to the Zimbabwe Consolidated Diamond Company (ZCDC) as it moves to halt a spate of thefts at...

Hwange Colliery exploration deal in limbo

PHILLIMON MHLANGA Hwange Colliery Company Limited (HCCL) administrator Bekithemba Moyo is focusing more on underground mining to turn around the fortunes of the miner throwing into...

Zesa spares chrome smelting companies

TINASHE MAKICHI  Power utility, Zesa Holdings has spared chrome smelting companies from massive load shedding in a move aimed at protecting the industry from total closure.  Zimbabwe has...

Zim economic drivers in distress

LIVINGSTONE MARUFU Foreign currency inflows have taken a further knock in the six months to June, dimming Zimbabwe’s prospects of recovery after the new policy...

US firm blacklists  Marange diamonds

TINASHE MAKICHI Washington headquartered Blue Nile has blacklisted diamonds from Zimbabwe due to reported human rights abuses in the Marange diamond district in a major...

Power outages threaten RioZim

Taurai Mangudhla Listed miner RioZim has said acute power outages pose significant risk to its energy intensive operations. The outages have seen parts of the grid...