The mining sector has been the cornerstone of economic growth in Zimbabwe hence funding becomes very crucial to resuscitate the economy. The study …

The funding options were therefore correlated with financial performance to analyse their relationship. A positive and significant correlation was identified on all funding mechanisms identified in the factor analysis. The study concluded that the sustainable funding options available in the mining sector of Zimbabwe are project finance ...

Mining Zimbabwe is a premier publication, offering insightful perspectives, up-to-minute news, policy and comprehensive analysis of the Zimbabwe mining industry. Telephone: +263 242 777728 . Visit us (Zimbabwe) 4th Floor Fidelity Life Towers; Raleigh St, Harare; South Africa. Bellairs Drive, Northridding 2188 Johannesburg,

The findings show that debt financing (short-term debt, long-term debt, and trade credit) positively influences the financial performance in emerging markets. This study contributes to studies that prove a significant relationship between debt financing and financial performance in sectors other than SMEs.

Founded in 1991, Falcon Gold Zimbabwe is a subsidiary of the New Dawn Mining Group. New Dawn Mining Corp is involved in the exploration, development, extraction, processing and reclamation of precious metal deposits in Zimbabwe. It primarily explores for gold, base metals and precious metals. Falcon Gold Zimbabwe Limited also …

factor analysis. The study concluded that the sustainable funding options available in the mining sector of Zimbabwe are project finance, finance by private equity, public bonds, …

[fn] "Gold deliveries down 15% in H1", Mining Zimbabwe, 9 July 2020.Hide Footnote While the prices of the country's other export commodities, such as platinum, nickel and diamonds, ... (APRM), the …

The study concluded that the sustainable funding options available in the mining sector of Zimbabwe are project finance, finance by private equity, public bonds, corporate bonds and loans from banks and other financial institutions. The availability of funding options results in increased total annual revenues and increase in profitability.

September 6, 2022. Emmerson Mnangagwa, Zimbabwe president. ZIMBABWE'S mining sector was delivered a body-blow in June when Russian firm Vi Holding withdrew its support for the long-proposed …

Karo Platinum is the newest low-cost, open-pit PGM asset under construction and located on the Great Dyke in Zimbabwe. The Great Dyke is a PGM-bearing geological feature that runs north to south. At approximately 550 km in length and up to 11 km wide, it is second to the Bushveld Complex of South Africa in terms of its …

Monday, 18 March 2024. Zimplats, Zimbabwe's biggest platinum group producer, delivered another strong performance in the full year to June 30, 2020, navigating challenges and threats to workers and operations from Covid-19 pandemic, to help drive positive group results for Impala. The South African based platinum group …

The poor performance of the mining sector in Zimbabwe has been attributed to the archaic Mines and Minerals Act, which currently does not address issues of revenue management, transparency, and accountability in the sector. This was disclosed by the Transparency International Zimbabwe in their recent paper titled US$12 billion …

The study concluded that factors that affect mining financing are Project finance, Financing from private equity funds, Convertible loans, Public bonds, Corporate …

Zimbabwe: Karo to list first bond on VFEX. Plans initiated by Karo Mining Holdings (KMH) are underway to list a first-of-its-kind US dollar fixed income instrument on the Victoria Falls Stock Exchange. According to the issued prospectus, 70 percent of KMH is owned by Johannesburg Stock Exchange (JSE)-listed mining entity Tharisa and the ...

According to the Chamber of Mines of Zimbabwe (CMZ), major increases in production this year are expected in diamonds, coal, gold and chrome. The latest CMZ report projected a percentage growth of 43% in diamond production, with coal expected to rise by 40%, chrome (33%) while gold output is expected to increase by 21% this year. …

Zimbabwe. Recommendations to Zimbabwe are given. 1 Statistics from the Zimbabwe Statistics Agency (ZIMSTAT) and African Capacity Building Foundation (ACBF) 1.1 Overview of platinum mining in Zimbabwe Platinum in Zimbabwe is exported as a group due to the absence of further processing within the country. The Platinum-Group Metals …

In January 2014, the Government of Zimbabwe issued an expression of interest for companies to further develop PGM opportunities, to which Karo submitted an expression of interest. 2017 Zimplats had declared an indicated and inferred resource over the Karo project area, with the last declaration made in June 2017.

PDF | On Dec 1, 2019, Lyman Mlambo published The Performance of the Zimbabwe Mining Sector in 2019 | Find, read and cite all the research you need on ResearchGate.

Abstract The purpose of the study is to establish the effect of transport management practices on the performance of diamond mining companies. The study population was comprised of four authorized diamond mining companies in Zimbabwe. The sample size was comprised of 92 respondents drawn from logistics, procurement, …

Performance Bond: A performance bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred ...

PDF | On May 23, 2023, James Kanyepe published Transport management practices and performance of diamond mining companies in Zimbabwe | Find, read and cite all the research you need on ResearchGate

Growth for the sector has leapt from 5.9% in 2021 to an estimated 10% in 2022. The productive capacity utilised on pre-existing infrastructure in the mining sector in 2022 remained relatively flat y/y at 81%, as per the Chamber of Mines. Local gold production increased 19% to 35.2tn in 2022, from the 29.6tn recorded in 2021 signaling a …

Local Production. Growth for the sector has leapt from 5.9% in 2021 to an estimated 10% in 2022. The productive capacity utilised on pre-existing infrastructure in …

16 December 2022. The Karo Mining Bond is the first debt instrument to be listed on VFEX. The trading in Karo Mining securities will commence on 19 December 2022. Karo Mining becomes the 7th listing on VFEX. Karo Mining is the largest capital raise to date on VFEX at US$32million exceeding the minimum requirement of US$25million. Out of the

The Mining Sector is a key player in the country's economic development. The sector contributes more than 60% of Zimbabwe's export receipts, attracts more than 50% of foreign direct investment (FDI), contributes about 13% to the country's GDP and generates significant employment. A total of USD 5.3 billion was realized in foreign direct ...

The recovery or resurgence of the economy of Zimbabwe is now dependent on the performance of the mining sector. ... changed in 2016 and in present 2017 with the country facing a cash crisis which has resulted in the introduction of bond notes as a source of mitigating the problem. ... The Zimbabwe Mining Development Corporation was …

28 October 2022 Karo Platinum Project – US$50 Million Bond Issue. 6 April 2022 Tharisa appoints Bernard Pryor as Managing Director of Karo Mining Holdings. 22 December 2022 Karo Mineral Reserve and Mineral resource Statement. 07 December 2022 Commencement of construction ceremony Karo platinum.

1. Introduction. In Zimbabwe, the mining sector is one of the key drivers of the economy as it ranks among the top three contributors of Gross Domestic Product (GDP) (Zimbabwe Economic Report, Citation 2018).The Chamber of Mines of Zimbabwe (2015) highlights that the mining sector has become one of the important drivers of economic …

The study concluded that the sustainable funding options available in the mining sector of Zimbabwe are project finance, finance by private equity, public bonds, corporate bonds …

Zimbabwe's hopes for a quick economic recovery and sustainable foreign exchange stability rest on the shoulders of its multibillion-dollar mining industry. By Francis Shingi Nhunzvi and Victor Bhoroma Beyond the productivity bottlenecks of the past 2 years, mining commodities earned the country US$2.91 billion in 2019 (9% down from the 2018 …