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Monday, August 19, 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.

Chitando opens up on Mutare gemology park delay

KENNETH MATIMAIRE MUTARE - Mines and Mining Development Minister Winston Chitando (pictured) has revealed that construction of the Mutare Diamond Cutting and Polishing Centre is...

Govt in partial dollarisation

TAURAI MANGUDHLA Government has ordered the Zimbabwe Consolidated Diamond Company (ZCDC) to invoice all sales of the precious stones in United States dollars even for...

Anglo invests US$500 million at Unki since dollarisation

Tinashe Makichi Johannesburg Stock Exchange listed Anglo American Platinum (Amplats) has invested more than US$500 million at its Shurugwi based platinum unit Unki mine towards...

Karo to complete phase1 exploration by year end

GAMUCHIRAI TSOKOTA/ PHILLIMON MHLANGA in Mhondoro-Ngezi Karo Mining Holdings is set to complete Phase 1 compre­hensive mineral exploration works at its Mhondoro-Ngezi, Mashonaland West district concession...

Govt avails $60 mln capitalisation package of small scale miners

Tinashe Makichi HARARE - Small scale miners are set to receive a $60 million financial boost from Government for capitalisation of their operations as part of...

Tharisa acquires  27pc stake in Karo Holdings

HARARE – A SOUTH AFRICAN firm, Tharisa,  linked to the Pouroulis family, has acquired 26,8 percent shares  worth $4,5 million in Karo Holdings  to...

Moti, Govt to sign 20yr motivation mining deal

HARARE - Moti Group and its local partners, Sakunda Holdings have struck a 20 year mining deal with Government of Zimbabwe aimed at formalising...

RBZ plans $1 billion bailout for gold miners

LIVINGSTONE MARUFU THE Reserve Bank of Zimbabwe (RBZ), through its wholly-owned subsidiary Fidelity Printers and Refiners (FPR), is planning to increase Gold Development Initiative Fund (GDIF)...

Fight over Liberation Coal Mining escalates

Tinashe Makichi Russian firm, IR Trading, has made an application at the High Court to force its local partners to release 49 percent shareholding in...

Zim platinum miners grapple falling commodity prices

PHILLIMON MHLANGA Zimbabwe’s platinum miners are battling to ride over subdued commodity prices on the international market, and have to contend with a painful new...