Zimbabwe Diamond and Allied Mining Workers Union (ZDAMWU) general-secretary Justice Chinhema yesterday told NewsDay that the high cost of machinery had pushed up production costs. “The price on mining equipment keeps increasing because of the high exchange rate and most operators in the sector cannot afford new prices.
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Technological advancements in mining equipment, use of connected vehicles for transportation, and increasing foreign trade of various minerals and metals are driving the Zimbabwe mining industry size. Zimbabwe''s mining market is relatively consolidated in nature with a few companies dominating the market.
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Barzem Enterprises (Pvt) Ltd, as it is named now, was established over 70 years ago as the local Dealer. The company has gone through a number of name changes over the past decades with the most recent ones being Barlows Tractor International and ZEMCO, (Zimbabwe Earthmoving Machinery Company).
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Zimbabwe: Gold Miner Radnor Invests U.S.$3,5m. In its continued effort to encourage profits through boosting production, Radnor Mine ZimCN, has invested US$3,5 million in mining equipment, mainly modern mine dump trucks. Officials believe that this move is anticipated to haul up a daily 1.2 million tons of ore from the mine to the processing plant.
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The potential of mining sector in Zimbabwe. March, 30 2021. Zimbabwe has a significant amount of natural resources. The country is the world’s third largest producer of platinum, has important diamond, copper and nickel mines. We had the chance to exchange with Rudairo Mapuranga from Mining Zimbabwe, who was able to enlighten us on the
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Zimbabwe: Gold Miner Radnor Invests U.S.$3,5m. In its continued effort to encourage profits through boosting production, Radnor Mine ZimCN, has invested US$3,5 million in mining equipment, mainly modern mine dump trucks. Officials believe that this move is anticipated to haul up a daily 1.2 million tons of ore from the mine to the processing plant.
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