· Mimosa is a shallow, underground mining operation located in the Wedza sub-chamber of the Great Dyke of Zimbabwe. The Wedza sub-chamber is the southernmost of four chambers of the Great Dyke, hosting the economic main sulphide zone from which the PGM and base metals are mined. The orebody is accessed via two shafts, the Wedza shaft and the ...
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Learn More· Mining in Zimbabwe: time to use it or lose it. Between colonial intervention and a weak regulatory framework, mining in Zimbabwe has struggled to live up to its potential. With the government cracking down on undeveloped licenses, and aiming to force companies to "use it or lose it", we consider the history of mining in Zimbabwe, and who ...
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Learn More· Overview The mining sector is highly diversified, with close to 40 different minerals. The sector accounts for about 12 percent of the country''s gross domestic product (GDP) and the minister of mines claims the sector has the potential to generate US$12 billion ...
Learn More· The announcement by Fidelity states that to incentivize gold production in Zimbabwe it will pay an incentive price over and above the contractual purchase price. This incentive price will be $44,000 per kilogram ($1,368.55/ounce), a premium of approximately $86/ounce (6.7%) on the current prevailing LBMA Spot price.
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Learn MoreZimbabwe houses The Great Dyke -a 2.5 billion year old horse-shoe ridge of 500km stretching through the North and East round to the centre of the country and is rich in minerals of every description. Different areas of The Dyke produce a different variety of stone.
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