The Gwanda-based Vumbachikwe Mine, which is owned by Duration Gold, shut down around the end of last year after workers went on strike over unpaid wages and poor corporate governance.
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VUMBACHIKWE Mine in Gwanda has allayed word of a mass exodus of mineworkers insinuated by whistle-blowers and picked on by the media calling the allegations "unfortunate but expected wherever …
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A gold mine located about 8 km north-west of Gwanda has temporarily suspended its mining operations after a strike and riot which occurred on the 8th of November damaged property. Vumbachikwe …
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The financially distressed gold mining firm in Gwanda District, Matabeleland South, was closed in November 2022 following a workers' strike over unpaid salaries and poor working conditions. The ...
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Gwanda-based Vumbachikwe Gold Mine's foreign shareholder, Duration Gold, has capitulated to government demands and pressure from the local community to cede controlling shareholding to locals.
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Sikhumbuzo Moyo, Senior Reporter A TOTAL of 23 senior and junior managers plus 140 general workers have quit Vumbachikwe Gold Mine in Gwanda, Matabeleland South, within the past two months.
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Owned by Duration Gold and its subsidiary Forbes and Thompson (Pvt) Ltd, Vubachikwe Gold Mine faces significant debt, totaling over US$8.5 million and ZWL 3.5 billion as of November 2023. The report highlights a lack of clear debt repayment strategies, with debts mounting at a monthly rate of approximately US$250,000.
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SOME Vumbachikwe Mine creditors are advocating that the company be placed under corporate rescue, claiming the firm was heading towards insolvency, NewsDay Business can reveal. Vumbachikwe Mine, situated in Gwanda and owned by Duration Gold, reportedly owes various creditors, including workers, the Zimbabwe …
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SOME Vumbachikwe Mine creditors are advocating that the company be placed under corporate rescue, claiming the firm was heading towards insolvency, NewsDay Business can reveal. Vumbachikwe Mine, situated in Gwanda and owned by Duration Gold, reportedly owes various creditors, including workers, the Zimbabwe …
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Vumbachikwe Mine Reopens Vumbachikwe Gold Mine in Gwanda has resumed operations after it was temporarily shut down last month following failure to...
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A section of Vumbachikwe Gold Mine in Gwanda. Chronicle Reporter VUMBACHIKWE Mine in Gwanda has allayed word of a mass exodus of mineworkers insinuated by whistle-blowers and picked on by the ...
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PANNERS are reportedly sneaking into the closed Vumbachikwe Mine in Gwanda, Matabeleland South province, to extract gold, NewsDay has learnt. One of the suspected gold panners was hit by a boulder ...
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• The structure of the mining industry in Zimbabwe is highly skewed • There is a gap between hundreds of small scale mines and a few large mines. • The apparent missing link bridging the two groups simply indicates that there are many small mines with potential to develop into medium and large -scale. • Small-scale mines need
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A TOTAL of 23 senior and junior managers plus 140 general workers have quit Vumbachikwe Gold Mine in Gwanda, Matabeleland South, within the past two months.Acco...
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Illegal gold panners are reportedly sneaking into the closed Vumbachikwe Mine in Gwanda, Matabeleland South, to extract gold, NewsDay has learned. Last Saturday, one of the panners was struck by a ...
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January 11, 2023. 0 121. THE Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has given Vumbachikwe Mine a seven-day ultimatum to pay workers outstanding salaries and recapitalise the business, or face corporate rescue management. The Gwanda-based Vumbachikwe Mine, which is owned by Duration Gold, shut down …
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The Gwanda-based Vumbachikwe Mine, which is owned by Duration Gold, shut down around the end of last year after workers went on strike over unpaid wages and poor corporate governance. ... Vumbachikwe, one of Zimbabwe's oldest gold mines employing over 1 000 workers, is owned by Duration Gold Limited, a Clarity Enterprises …
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THE owners of Vumbachikwe Mine situated in Gwanda, Matabeleland South are at loggerheads with creditors amid accusations from the latter that the management is cobbling up conspiracy theories to ...
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Vumbachikwe, which is one of the oldest gold mines in the country, is a flagship of an exploration and mining group, Duration Gold Zimbabwe. ... Meanwhile, Vumbachikwe is set to double its ...
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The Gaika mine holds a rich history, having been commissioned in 1894 as one of the earliest mines in the country. Over a span of 94 years, it produced approximately 23 tonnes (740 000 oz) of …
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VUMBACHIKWE Gold Mine has fired more than 50 employees, accusing them of embarking on an illegal job action last year, NewsDay has established. × AMH is an independent media house free from ...
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Vumbachikwe Mine. To embark on this systematic journey, Duration Gold meticulously searched for all available historic data, not only in Zimbabwe's well-regarded Geological Survey but also in ...
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A Vumbachikwe mine leader fell to his death at Vumbachikwe Mine this afternoon. Mr Mlazi the general manager confirmed the development but could not divulge more information. "Yes it is true someone passed away but I cannot comment further please call tomorrow morning," he said. Reports coming through say the miner fell into ore pass
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Vumbachikwe Mine Shut Down VUMBACHIKWE Gold Mine in Gwanda, Matabeleland South, has been ordered to stop operations for refusing to comply with the Environmental Management Ageny (EMA) rules and...
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In a letter dated 25 September 2013 addressed to the mine director only identified as E.M Smithwick, NIEEB chief executive officer Wilson Gwatiringa gave Vumbachikwe Gold Mine three weeks to submit its final indigenisation plan. The ultimatum for one of Zimbabwe's biggest gold mines expires on the 16th of October 2013.
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Zim Now Writer. Vubachikwe, a gold mine which lies about 8km north-west of Gwanda, in Matabeleland South Province, seeks to resume operations that were halted …
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Subsequently, employees of Vumbachikwe Gold Mine are alleged to have immediately notified Gwanda police who reacted by allegedly shooting in the air, throwing tear gas and beating up the women and their children who were embarking on a lawful and peaceful industrial action in an historic solidarity support strike to help thier husbands get a ...
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In an interview with Mining Zimbabwe, the Deputy Minister of Mines and Mining Development Ministry, Dr Polite Kambamura, said the government, in collaboration with the Chamber of Mines, will train and capacitate Emergency Rescue Teams (Proto teams) consisting of small scale miners and teams from large scale operations in every …
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Gvt, ZMF to roll out ASM safety training programs. May 19, 2022; 0 Shares. NEWS
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The Blanket Gold Mine is an operating gold mining venture owned by Caledonia Mining Corporation and is situated approximately . 130 km to the south of Bulawayo, in south-western Zimbabwe. The mine has been in operation since 1906 and has produced 1 073 000 ounces of gold since
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