Harare (New Ziana) – The Zimbabwe government has initiated a self-assessment exercise of the entire local diamond value chain, in preparation for a mandatory Kimberly Process Certification Scheme (KPCS) evaluation in May, and is aiming to set a high benchmark of compliance to the requirements of the global diamond watchdog. A Kimberly Process team will […]
Harare (New Ziana) –Investments into the local tourism sector grew to US$142 million in 2021, up from US$86 million the previous year, as players splurged on new hotel, conference and dining facilities, key indications that despite serious operational challenges resulting from the Covid-19 pandemic, the sector was making positive strides towards achieving a US$5 billion […]
Harare (New Ziana) – Blanket gold mine in Gwanda, Matabeleland South Province, expects to save at least US$3 million per annum in electricity costs when its planned 12-megawatt solar power plant comes on stream in July, parent company Caledonia mining has said. The power plant is expected to provide approximately 27 percent of the mine’s […]
Harare (New Ziana) – Canadian mining firm, Caledonia recorded US$54.1 million profit in 2021, a 16 percent increase from the previous year on the back of record gold output at its Blanket mine in Gwanda, the company reported on Thursday. Buoyed by a new US$67 million central shaft which was commissioned in the first quarter […]