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HARARE – President Robert Mugabe’s government has indigenised 185 mining firms out of a total 405 applications, businessdaily has learnt. Zimbabwe’s empowerment policy — enacted in 2008 — compels foreigners to cede 51 percent shareholding to black locals. According to Zanu...

By John Kachembere HARARE – Zimbabwe’s leading diamond producer, Mbada Diamonds, says the international community must create a conducive...

By Henry Matewu For many villagers in Marange, a village 90 kilometers South-west of Mutare in Zimbabwe, poverty seems to rule the roost despite the...

A group of dispossessed white farmers from Zimbabwe is laying claim to 45 million US dollars’ worth of diamond revenue. Now the 12 Dutch farmers...

By Ndakaziva Majaka HARARE – Zimbabwe is losing about $17 billion in revenue annually by selling raw diamonds to external markets, chairman of...

By John Kachembere HARARE – Zimbabwe’s largest platinum producer, Zimplats, could lose up to $100 million following the closure of its Bimha...

By Nomalanga Moyo A Russian consortium is set to invest $1.6 billion in a platinum mining project at Rushchrome Darwendale, following a deal with the...

By Daniel Nemukuyu HARARE – Former Mines and Mining Development Minister Obert Mpofu yesterday denied demanding a $10 million bribe to facilitate...

Zimbabwe is losing gold worth about $800 million every month through smuggling and underground dealings involving locals and international cartels. The...

By Dumisani Nsingo in Hwange HWANGE – The battle for the control of Hwange urban between the Hwange Local Board (HLB) and Hwange Colliery Company...