ACR okays sale of diamonds
THE London Stock Exchange-listed mining concern African Consolidated Resources (ACR) says the sale of the disputed Marange diamonds can go ahead provided government meets certain conditions.…
IMF Exposes More Fraud at RBZ
THE Reserve Bank of Zimbabwe (RBZ) tapped into the international reserves backing the statutory reserves of banks and sold its shares on the Zimbabwe Stock Exchange to finance its operations…
Biti Facing Massive Challenges
FINANCE Minister Tendai Biti faces a mammoth task when he presents his mid-term fiscal policy review statement next week. …
Aquarius’ Platinum Production Up
PLATINUM output at Aquarius platinum mine will reach 200 000 ounces at the end of the first half of this year, the company says. Aquarius, the world's fourth largest platinum…
Zimbabwe Threatens to Leave Kimberley Process if not Approved
Zimbabwe has threatened to walk away from the Kimberley Process (KP), if it does not get approval from the international diamonds trade watchdog to export rough diamonds from Chiadzwa in…
IMF Warning on Inflation and “Ghost Workers”
The International Monetary Fund has warned Zimbabwe to restrain demands from state and private sector workers for higher wages and weed out ghost workers on government payrolls to hold down…
Mugabe: Mining Act Review progressing satisfactorily
Zimbabwe President Robert Mugabe says that the review of the country’s Mines and Minerals Act is progressing satisfactorily. Vociferous calls were made at last year’s Zimbabwe Mining Indaba for government…
Zimbabwe debt to hit US$8,6b
THE International Monetary Fund (IMF) sees Zimbabwe’s domestic and foreign debt increasing by US$1 billion to US$8,6 billion by year-end. …
Kimberly Process Monitor Expected Wednesday
Kimberly Process (KP) monitor for Zimbabwe Abbey Chikane is expected in the country on Wednesday, as government tries to comply with international regulations to trade in diamonds from the controversial Marange…
KP Imposes Further Measures on Marange Diamonds
The Kimberley Process (KP) has upgraded vigilant measures against the trafficking of illicit diamonds from Zimbabwe's Marange fields.…
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