Sand quarry owners in Magarini District must from now on sell their sand to the Magarini Sand Harvesters Cooperative Society.

ZIMBABWE could have lost millions of dollars in a diamond sale after Minerals Marketing Corporation of Zimbabwe (MMCZ) authorised Sabi Gold Mine to auction gems for a song, businessdigest can reveal. Documents in our possession show that Sabi sold gemstones

The laws governing mining activities in the country mandate mining companies operating in the country to pay between 3 to 6% percent of their earnings to the government as royalties, but as if by design, all the mining companies have

Debswana will spend $3 billion (P20 billion) over the next 15 years on extending the life of Jwaneng Mine.

HP Billiton , the world's largest mining group, said yesterday that it would use its strong cash position to capitalise on the recovery in commodities to fund new projects as most companies were cutting back their investments.

As a result of a global slump in the mineral prices due to a fall in demand on the global market, revenues from Rwanda's minerals are expected to drop by 36 percent, officials say.

Rwanda's mineral export volume in the 3rd quarter of 2009 registered an upward trend compared to the same period last year, but export receipts declined on account of low prices on the international market, the Ministry of Natural Resources (Minirena)