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Setting the record straight on Zimbabwe's oil
 
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In this week's business segment, Amelia Martha Nakitimbo delves into the oil debate in Zimbabwe, the minimum wage deal in Nigeria and Jack Ma's thoughts on the US-China trade war. Scott Macmillan, the managing director of Invictus Energy sets the record straight on Zimbabwe's oil potential, discovery and exploration. This follows the contradictory reports from the government and the company, following last week's declaration by president Emmerson Mnangagwa that oil, and gas deposits had been d… READ MORE : http://www.africanews.com/2018/11/07/setting-the-record-straight-on-zimbabwe-s-oil Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 958 africanews
Minister Chitando speaks on oil and gas deposits in Muzarabani - 01 Nov 2018
 
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Mines Minister Winston Chitando speaks on the discovery of gas and oil deposits in Muzarabani, about 240km north of Harare. President Mnangagwa officially announced the development following exploration work by the Australian Stock Exchange listed company Invictus Energy.
Views: 1584 Zimpapers Digital
Zimbabwe Oil, New Deal Signed & Invictus Energy Oil Discovery & History
 
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Views: 1522 CURRENCY365
Ancient GOLD Mining in Zimbabwe - Ann Kritzinger
 
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Proof of ancient GOLD Mining in Zimbabwe that rewrites the official narrative - Ann Kritzinger [email protected]
Views: 2268 Max Weedon
DISCUSSION, After Zimbabwe discovers oil, gas deposits, What will Happen to Zimbabwe in her Economy
 
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Zimbabwean President Emmerson Mnangagwa on Thursday announced the discovery of oil and gas deposits in Muzarabani, in the Mashonaland Central province. Please SUBSCRIBE, LIKE, COMMENT and Share, Thank for Watching
Views: 1466 LIVE UPDATES
ZIMBABWE has over 70 minerals, chrome, platinum, lithium, gold and diamonds, WORLDS RICHEST COUNTRY.
 
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http://inteldinarchronicles.blogspot.com/2016/10/wed-am-ktfa-thoughtsnews-10-26-16.html
Views: 3771 gary larrabee
Zimbabwe Discovers Oil/CB's Buying Gold/Venezuelan gold/Litecoin + Facebook
 
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Views: 3026 CURRENCY365
Study: Mining Engineering
 
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Mining engineers play a key role in the planning, exploitation and excavation of mineral resources. Find out more on applying for the Bachelor of Science in Engineering – Mining (BScEng Mining) here: http://www.wits.ac.za/course-finder/undergraduate/ebe/mining-engineering/ Video Produced by Wits Commercial Productions
Zim to become a global lithium player
 
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Zim to become a global lithium player. Dumisani Nsingo, Senior Business Reporter ZIMBABWE is expected to be one of the major global players in the production of processed lithium, a main component in the manufacturing of electric car batteries with Australian (ASX) listed Zimbabwean mining concern, Prospect Resources having set sights at extracting and processing the mineral this year. Prospect Resources executive director Mr Harry Greaves said the company was at an advance stage of developing an integrated lithium chemical plant at ...
Views: 286 Zim News
Zimbabwe Highest Inflation in 10 Years/Fight For Oil Control/Caledonia Mining
 
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Views: 1261 CURRENCY365
'Gas & Oil discovered in Zimbabwe'
 
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Zimbabwe has discovered Oil & Gas in the Mzarabani Area . ▶Our Socials 🐤Follow our Twitter on : http://twitter.com/MNBCNewsOnline 📒Like us on Facebook Page : https://www.facebook.com/MNBCAfricaNews 📷Follow us on Instagram Page :https://t.co/XGLpHdGdjb 📺Subscribe on YouTube Channel : https://bit.ly/2DJsCLf ___________________________________ 📄Support our Patreon : http://patreon.com/MNBCAfrica
Views: 696 MNBC Africa News
Vast Resources agrees terms for Zimbabwe diamond joint venture
 
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Andrew Prelea, chief executive of Vast Resources PLC (LON:VAST), tells Proactive's Andrew Scott they've agreed principal terms of a joint venture with Red Mercury Ltd for the Heritage diamond concession area in the Marange Diamond Fields in Zimbabwe. Under the principal terms of the joint venture, Vast Resources will take effective control of exploration and mining of the concession as well as marketing of the diamonds in consultation with Red Mercury.
Invictus Energy advances Zimbabwe gas-condensate asset amid regulatory reforms
 
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Invictus Energy Ltd (ASX:IVZ) managing director Scott Macmillan speaks to Proactive Investors about the oil and gas exploration company’s Cabora Bassa Project in northern Zimbabwe. “It’s a fantastic asset that we’ve picked up – it was previously explored by Mobil over 30 years ago and it’s been sitting dormant, locked up for the past 25 years. He continues, “the basin is very exciting and the portion of acreage that we’ve picked up contains the Mzarabani prospect. “It’s the largest undrilled seismically-defined structure in onshore Africa that’s got multi-trillion cubic feet potential.”
Zimbabwe to drill for oil after survey
 
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Zimbabwe's President Emmerson Mnangagwa has announced the discovery of potential oil and gas deposits in the north of the country.  n mining firm Invictus Energy, in partnership with the government, is to determine whether commercial drilling is feasible. An exploration well would be sunk by Invictus in Muzarabani district within two years, the president said. Zimbabwe is experiencing its worst economic crisis in a decade. Fuel shortages are a frequent problem and there are many power cuts. No cash, no bread, no KFC amid new Zimbabwe crisis "We have since been advised by Invictus that the findings are positive and point to oil and gas deposits in the area," Mr Mnangagwa said. "The result as communicated by Invictus is an exciting development for our country." Mines Minister Winston Chitando said the well, situated about 240km (150 miles) north of the capital, Harare, would be sunk at a cost of $20m (£15m), the Reuters news agency reports. The mineral-rich country currently has no oil or gas production.Will Zimbabwe strike it rich? By Shingai Nyoka, BBC , Harare Twenty-five years after oil giant Mobil carried out tests and left disappointed, advanced technology appears to show that there are oil deposits in northern Zimbabwe, near the border with Mozambique. The exploration is still in its early stages, but the cash-strapped government is anxious to raise the hopes of the nation enduring a serious economic crisis. Discontent is rising amidst widespread corruption and poverty.  Invictus is expected to carry out exploration drilling over the next few years to confirm its initial findings. It will enter into a production-sharing agreement with the government.  Even if commercial drilling goes ahead, it cannot be assumed that the riches will reach everyone. Zimbabwe is rich in platinum and diamonds but little of that wealth has trickled down to ordinary Zimbabweans.  This comes down to a combination of corruption and poor policies, which saw minerals leave the country in a raw form. Under Robert Mugabe, who was forced to resign as president last year after 37 years in power, a policy to introduce processing plants to increase local jobs failed to take off. 'Stench of sewage': Cholera returns to Zimbabwe Hustling for cash in Zimbabwe
Views: 53 News 4 U
Training new GF6 Operator from Zimbabwe
 
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New GF6 Operator from Zimbabwe explains why he chose AquaLocate's technology to locate groundwater in Africa. www.aqualocate.com
Views: 116 Ervin K
Caledonia Mining definitely interested in more assets in Zimbabwe though no bids yet
 
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Mark Learmonth, Caledonia Mining PLC’s (LON:CMCL) finance director, says it is interested in acquiring more assets in Zimbabwe, though it is premature to say it has bid for any. The government is looking at disposing of dormant assets, but Learmonth says that if the prices are right there are plenty of privately-owned assets. Caledonia is also keen to increase its stake in the Blanket mine from 64% currently now that indigenisation rules have been relaxed. Grades have improved at Blanket in November, which bodes well for a strong end to year, he adds.
Australian firm steps-in for gas mining project in Zimbabwe
 
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Australian firm steps-in for gas mining project in Zimbabwe. Interpose Holdings Ltd. (formerly Sunbird Energy Ltd.), Perth, has agreed to acquire 80% interest and operatorship of the onshore Cabora Bassa basin project in Zimbabwe via the acquisition of 100% of ....
Views: 81 News Zimbabwe
Mining Capital's Alastair Ford expecting improvement in business climate in Zimbabwe
 
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Mining Capital's Alastair Ford reflects on Zimbabwe's 'political earthquake' which has seen the resignation of the country's former President Robert Mugabe. In the weeks and months ahead Ford reckons it'll be an interesting period. ''This new President [Emmerson Mnangagwa] is very much an old hand at Zimbabwean politics and was very much involved in the politics we've seen play out over the past couple of decades''. ''I think his vested interests will be in keeping things much as they are ... he'll be looking to open up the country in terms of bringing in new investment''. ''Journalists too were invited into Zimbabwe in a way that we've not seen for many years following the departure of Mr Mugabe''. Alastair Ford also looks ahead to next week's Proactive Investors 'Mines and Money' and 121 Mining events in London.
'Lithium is the new oil' says David Lenigas
 
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''I advise George [Roach of Premier African Minerals Ltd (LON:PREM)] and the board with respect to what's going on with their Zulu Lithium project in Zimbabwe …. they're coming up with some spectacular grades'', entrepreneur David Lenigas tells Proactive's Andrew Scott. ''This is going to be a very, very big Lithium deposit and what people don't understand is that Zimbabwe's the world's fifth largest Lithium producer''. Lenigas goes on to say ''the whole dynamics of the energy sector is changing - the world currently consumes 180,000 tonnes/year of Lithium. The forecasts are that within the next 10 years that will double or triple so the world needs a lot more Lithium supply''. ''Lithium is the new oil … with respect to automation''. ''Sure there are plenty of other types of technology out there but Lithium is tried and proven, there's been a lot of money spent on it and Lithium has a very unique place on the periodic table … so whether you've got Lithium anode, Lithium cathode or Lithium anode and cathode there's Lithium in this equation somewhere'', Lenigas says.
Mining In Zimbabwe: The foundation of a digital gold currency.
 
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Eddie and Reuben were discussing everybody's favourite metal,GOLD! https://goldma.io
Views: 162 Goldma
Zimbabwe's mining sector experienced growth in most minerals in the first quarter of 2018
 
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Zimbabwe's mining sector has experienced growth in most minerals in the first quarter of 2018. According to the Chamber of Mines of Zimbabwe, Lithium output grew by 54%, Gold by 53%, while Coal grew by 46%. The chamber says it's now lobbying the government to remove the 51 - 49% indigenisation cap on the diamond and platinum sectors. For more news, visit: sabcnews.com
Views: 385 SABC Digital News
Australia's Invictus denies finding oil, gas deposits in Zimbabwe
 
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Australia, Invictus, denies, finding, deposits, ZimbabweAustralia's Invictus denies finding oil, gas deposits in Zimbabwe. Australian-listed Invictus Energy said on Friday it had not found oil and gas deposits in northern Zimbabwe but there were indications of a "working petroleum system" which could only be confirmed by a planned exploration well.President Emmerson Mnangagwa told reporters on Thursday that Invictus had found oil and gas deposits in the Muzarabani area and had agreed to enter a production sharing arrangement with Zimbabwe once the project reached commercial production.But in a statement to the Australian Stock Exchange, Invictus tampered Zimbabwe's expectations of an oil bonanza saying "an oil or gas discovery has not been made." "The prospective resource estimate for the Muzarabani prospect relates to undiscovered accumulations which have both a risk of discovery and a risk of development," said Invictus."Although the Cabora Bassa Basin possess all the elements for a working petroleum system, a discovery can only be confirmed through drilling of an exploration well." Mines Minister Winston Chitando said the well would be sunk in 2020 at a cost of $20 million and said the Muzarabani project was the largest undrilled onshore resource in Africa.Invictus, which is an independent oil and gas exploration firm whose only asset is in Zimbabwe, is using data first generated by Mobil Oil during its studies in the 1990s.Chitando said Invictus had made more progress than Mobil because it had a better knowledge of the Muzarabani basin which had a similar geological structure to Uganda and Kenya, where oil has been discovered.The southern African nation is suffering from a dollar crunch that has seen shortages of fuel and a spike in prices of basic goods in recent weeks.Click here for the latest political news. #Australia, #Invictus, #denies, #finding, #deposits, #Zimbabwe
Views: 17 News.E
Zimbabwe discovers oil, gas deposits in north - President
 
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Zimbabwe has discovered oil and gas deposits in the northern town of Muzarabani, President Emmerson Mnangagwa disclosed at a press conference on Thursday. According to him, the discovery which is the first in the country's history was made by Australian firm, Invictus Energy. He added that the company will be able to sink an exploration well by middle of 2020. "Invictus is utilizing data which was generated by Mobil Oil in the early 1990s when extensive oil and gas geo-physical work was undert… READ MORE : http://www.africanews.com/2018/11/01/zimbabwe-discovers-oil-gas-deposits-in-north-president Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 1277 africanews
Zimbabwe has discovered Oil & Gas in Muzarabani - Mnangagwa - 1 Nov 2018
 
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Zimbabwe has discovered oil & gas in Muzarabani after exploration by Australian listed Inviticus Energy - President Emmerson Mnangagwa speaking at press conference on 1 November 2018 The Government of Zimbabwe has over the last few months worked with, and facilitated INVICTUS Energy Limited which is quoted on the Australian Stock Exchange to undertake oil and gas exploration studies in Muzarabani. INVICTUS is utilising data which was generated by Mobil Oil in the early 1990s when extensive oil and gas geo-physical work was undertaken in the greater Muzarabani area. As part of its exploration studies, INVICTUS has engaged a number of worldwide professional companies with extensive experience in oil and gas. We have since been advised by INVICTUS that the findings are positive and point to oil and gas deposits in the area. INVICTUS and their partners will be making a statement to their shareholders through the Australian Stock Exchange in a few hours time. Government of Zimbabwe will work very closely with INVICTUS to ensure that INVICTUS realises its plans to sink an exploration well by mid 2020. After the exploration well, the next stage will be commercial exploitation of the resource. In the interim, additional geo-physical work is ongoing to identify further exploration targets. Updates will be given as and when the planned exploration work results come in. The result as communicated by INVICTUS is an exciting development for our country. INVICTUS has committed itself to enter a production sharing agreement with the Government of Zimbabwe, which will be applicable when the project proceeds to commercial production stage.
Views: 427 Povo News
USA Announced New Tough Africa Policy/Zimbabwe Mining & Bank Scam
 
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Views: 1455 CURRENCY365
Confusion swirls over Zim crude oil discovery
 
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Confusion swirls over Zim crude oil discovery . - If you feel great, please support the author by subscribing to our channel to track the next video. You Should Watch It . Top things you need to know: https://goo.gl/LJjmmT . Latest news about Dumi Masilela: https://goo.gl/hk47HE . Latest news about Zodwa Wabantu: https://goo.gl/Xaujk5 You Should Watch It Subscribe Channel(Official) : http://goo.gl/UQo7mQ Twitter Official: https://twitter.com/dailynewstht Plus Official: https://goo.gl/m9kou6 Webiste: https://goo.gl/NVWbtx Subscribe Channel(Official) : http://goo.gl/UQo7mQ . ------------------------------------- #latestnewszimbabwe #zimbabwenews #BreakingnewsZimbabwe ------------------------------------- Subscribe Channel(Official) : http://goo.gl/UQo7mQ CONFUSION swirled yesterday around claims that Zimbabwe had discovered crude oil a day after President Emmerson Mnangagwa addressed a Press briefing announcing exploration of the product would be done in Muzarabani.BY RICHARD CHIDZA While media reports interpreted Mnangagwa’s statement to mean confirmation that there were deposits of oil in the country, the Australian company behind the exploration, Invictus Energy, yesterday sought to play down the claims.“At no time did President Mnangagwa state that an oil discovery had been made in Zimbabwe, but that the exploration activity being undertaken by Invictus had positive indications and that an exploration well would be drilled to confirm the potential of the Muzarabani prospect,” Invictus Energy said.While the company’s management attended the Press conference in Harare on Thursday, they did not comment on the issue.But yesterday, the Australian firm said a discovery could only be confirmed after drilling.“The company wishes to reiterate that an oil or gas discovery has not been made and the prospective resource estimate for the Muzarabani prospect relates to undiscovered accumulations, which have both a risk of discovery and a risk of development,” the company said.“Although the Cahora Bassa Basin possesses all the elements for a working petroleum system, a discovery can only be confirmed through drilling of an exploration well.”Mnangagwa’s spokesperson George Charamba said there was no discord between the Zimbabwean leader and the Australian company.“Far from discordance, what we are getting from the company is a measured statement which we fully understand.As a matter of fact, the minister will issue a statement because we have realised there is already confusion,” Charamba said.“This in business terms is called a cautionary statement.They, Invictus Energy, don’t want the market to beat the Press conference, the minister (of Mines, Winston Chitando) said what has been analysed is data accumulated over time by Mobil Oil and could not be interpreted at the time.We now want to link the data to what we will see from drilling that we said will happen in 2020.
Views: 107 Daily News
Zimbabwe is open for business: Mining dialogue
 
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Given its abundant mineral resources, Zimbabwe is hoping that the change in leadership will help unlock the countries investment opportunities in the mining sector. The Zimbabwe is Open for Business: Mining Zimbabwe dialogue took place on the side-lines of this year’s Mining Indaba in Cape Town. On this CNBC Africa special we find out what this country is doing to entice investors.
Views: 1637 CNBCAfrica
Prospect resources secures $10 million deal for zimbabwe lithium mine
 
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Prospect resources secures $10 million deal for zimbabwe lithium mine. Australian-listed junior miner Prospect Resources has secured a seven year offtake arrangement with Hong Kong based Sinomine Resources Exploration. Sinomine Resources Exploration will invest $10 million in Prospect’s Arcadia lithium project in Harare to fund construction of its mine and plant. Under the offtake arrangement, Prospect agreed to sell 390 000 tonnes of spodumene concentrate and 1 097 000 tonnes of petalite concentrate using a market linked price. “The transaction will fully fund the...
Views: 263 Zim News
Zim News: "They are lying": Invictus Rubbishes Oil and Gas Discovery in Zimbabwe
 
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Zim News: "They are lying": Invictus Rubbishes Oil and Gas Discovery in Zimbabwe. They are lying: Invictus Rubbishes Oil and Gas Discovery in Zimbabwe Invictus Energy has issued a statement clarifying some reports circulating in the media regarding oil and  gas discovery that has allegedly been made in the Zimbabwe’s  Muzarabani Area . At no time did President Mnangagwa state that an oil discovery had been made in Zimbabwe, but that the exploration activity being undertaken by Invictus had positive indications and that an exploration well would be drilled to confirm the poten...
Views: 1309 Zim News
Bikita Minerals
 
10:30
Location: Zimbabwe
TOP 10 Zimbabwean Universities WORLD POSITIONS
 
02:09
Top 10 Zimbabwean Universities according to world rankings
Views: 2760 Gemini Blessed TV
What to buy in Zimbabwe during economic crisis
 
06:57
What to buy and what not to buy to preserve the value of money during Zimbabwe's economic meltdown.
Views: 11571 iloveZimbabwe
Tharisa PLC acquires stake in a 'once in a lifetime opportunity' in Zimbabwe
 
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Michael Jones, chief financial officer at Tharisa PLC (LON:THS), discusses with Proactive their acquisition of a stake in Karo Mining Holdings Limited, a company with interests in both platinum and coal mining in Zimbabwe. The move gives Tharisa access to an area in the Great Dyke covering 23,903 hectares and estimated to contain a PGM resource of around 96 Moz (on a 4E basis).
Zimbabwe to commence Lithium exploitation - 20 Nov 2018
 
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President Mnangagwa is expected to preside over the groundbreaking ceremony to mark the commencement of lithium mining operations at Arcadia Lithium Mine in Arcturus, Goromonzi on 30th November 2018.
Views: 242 Zimpapers Digital
Venezuela Petro "Digital Currency For Oil"?/Don't Rush Zimbabwe Currency Reforms
 
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Views: 1033 CURRENCY365
Saudi Arabia Could Sell Oil in Chinese Yuan/Zimbabwe 13 Million Tones Gold Reserves
 
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Views: 2792 CURRENCY365
Zimbabwe mining authorities need $11 billion to recapitalise, sustain sector
 
02:11
Zimbabwe's Chamber of Mines says it needs US$11 billion to recapitalize and sustain mining operations over the next five years.CGTN's Farai Mwakutuya has more. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 624 CGTN Africa
Invictus Energy still to explore Zimbabwe oil deposits | Breaking News
 
04:26
Invictus Energy still to explore Zimbabwe oil deposits | Breaking News AUSTRALIA-based oil and gas exploration company Invictus Energy Limited (IEL) will tomorrow release initial estimates of how much oil or gas deposits there could be in Muzarabani, Mashonaland Central province, pending exploration to confirm its discovery. This follows an announcement by President Emmerson Mnangagwa on Thursday last week of a discovery of oil and gas deposits along the Muzarabani Basin. Invictus Energy Limited immediately shot down the discovery claims the following day."I can understand some of the confusion because it is not well understood here and perhaps that is something that can be articulated better. The findings that the President (Mnangagwa) was referring to were supposed to be released today (Friday), but were held up because we had to provide some additional information to the ASX (Australian Securities Exchange) before the prospectus resource estimate could be released. This will now be released on Monday (tomorrow)," IEL managing director Scott Macmillan t... #Invictus #Energy #still #to #explore #Zimbabwe #oil #deposits #Breaking #News
Views: 45 Zim 247
Caledonia Mining: Update On Zimbabwe & Mine Development
 
11:40
#CaledoniaMining #Mining #Gold Caledonia Mining: Update On Zimbabwe & Mine Development with CFO Mark Learmonth Get our free Newsletter (English) ►: http://eepurl.com/bScRBX Get our free Newsletter (German) ►: http://eepurl.com/08pAn Subscribe to our YouTube channel ►: https://www.youtube.com/user/ResourceCapitalAG?sub_confirmation=1 *Stay ahead of the investment-crowd* Commodity-TV and Rohstoff-TV offer you free interviews and company presentations across the Metals-, Mining- and Commodity sector. Topics: Gold, Silver, Gold and Silver, gold price, buy Gold, buy Silver, Metals, Mining, investment
Gold mining in Zimbabwe expected to rise
 
02:24
Gold output in Zimbabwe is expected to rise to 18.4 tonnes this year. That's the highest level in 11 years, owing to higher production from small-scale miners. Its no cause to celebrate yet though as in 2004, the country's output was higher, at 21.3 tonnes.
Views: 1166 CGTN Africa
South Africa's Illegal Gold Mines
 
10:37
In the 1970s, South Africa was the world's most prolific exporter of gold. Over the years, industrial decline has seen widespread closures of the mines across the country. However, Johannesburg sits on the biggest gold basin ever discovered. It's perhaps not surprising that many of these abandoned mines have seen a recent boom in illegal mining activity. Everyday, hundreds of illegal gold miners, known as Zama Zamas, descend kilometers deep beneath the surface. The miners often spend weeks underground, toiling away at the country's untapped gold reserves. Observers have suggested that illegal mining is now so widespread, black-market gold arguably supports the communities once subsistent on the very same mines they worked in before they shut down. The lack of policing in the mines has seen the practice go on largely unabated. However, in the absence of law enforcement, the extensive network of abandoned mines beneath the region has become an arena to deadly gang warfare between rival factions. VICE News visited illegal mines near Johannesburg, to meet the Zama Zamas risking life and limb everyday in the violent struggle for South Africa's illegal gold. Check out the VICE News beta for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/
Views: 1914636 VICE News
Chiwenga wants to be Next Zimbabwe President/Oil & Economy Update
 
21:27
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Views: 905 CURRENCY365
Vast Resources eyes near-term production from Eureka gold mine in Zimbabwe
 
09:16
Andrew Prelea, chief executive of Vast Resources PLC (LON:VAST), tells Proactive's Andrew Scott they've acquired a 23.75% economic interest in the Eureka Gold Mine in Zimbabwe. Eureka is a modern mine originally designed to produce up to 70,000 oz of gold per year from an open pit operation - it's currently on care and maintenance with potential for recommencement of production in the near term.
First Private Gold Back Currency Issued/Zimbabwe $700 Million Tax Revenue/Yellen Hates BTC
 
13:10
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Views: 18110 CURRENCY365
Zimbabwe gold miners to chat with government about foreign currency shortage
 
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Zimbabwean gold miners are due to meet the Ministry of Finance on Wednesday to find a solution to foreign currency allocations which are threatening their viability. Gold producers have warned that some mines may be forced to suspend their operations due to the currency shortages. CGTN's Farai Mwakutuya has more. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 464 CGTN Africa
Zimbabwe Gold Rush Now! It’s A Small Window of Opportunity Before White & Chinese Capital Monopoly
 
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Rush Into Zimbabwe & Mine Now If You Are Black. It’s A Small Window of Opportunity For Black People To Own Resources In That Country Before White, Indian & China Capital Monopoly Come And Scoop It All Up. Zimbabwe will be sold to the highest bidder when the auctions starts......that bidder won’t be black. by Rutendo Matinyarare https://www.facebook.com/rutendo.matinyarare
Views: 198 rutendo matinyarare
Zimbabwe Budget/China Takes UN Security Council Presidency/Ethiopia Reforms
 
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Views: 1295 CURRENCY365
Caledonia Mining 'putting itself forward' as Zimbabwe sells gold assets
 
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Caledonia Mining Corporation PLC's (LON:CMCL) Mark Learmonth tells Proactive London's Andrew Scott they're to move ahead with the acquisition of a further 15% of the Blanket gold mine in Zimbabwe from local investment group Femiro. The terms of the deal were first set out in a memorandum of understanding in August. Separately, Learmonth adds that they've put themselves forward and made bids on a number of state-owned gold assets the government's looking to offload to raise cash. Plus he discusses the ongoing shortage of foreign exchange in the country saying that it hasn't impacted operations at Blanket.

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