News

November 2009 2009-11-14

Mwana Africa Plc, AIM listed gold exploration and producer

Read more »

March 2009 2009-03-14

The Reserve Bank of Zimbabwe introduced key changes to its monetary policies that allowed mining companies to directly market their gold to overseas buyers and retain 100% of sale proceeds in US currency rather than selling it to Zimbabwe's central bank.

Read more »

March 2009 2009-03-14

Following national and presidential elections held in 2008, a transitional, power sharing government was formed between President Mugabe's African National Front  - Patriotic Front (ZANU PF) and Prime Minister Morgan Tsvangirai's Movement for Democratic Change (MDC). The National Unity Government has 31 cabinet ministers with ZANU- PF in the minority.

Read more »

February 2009 2009-02-14

The Zimbabwean dollar ceased to be a functional currency and was replaced with a multi - currency system. The US dollar is widely used as the principal currency leading to the dollarization of the Zimbabwean economy.

Read more »

January, 2009 2009-01-19

Kantor & lmmerman, a leading law firm based in Harare, Zimbabwe, carried out legal due diligence on the title, ownership, mining rights and compliance of assets held by Tinker Mining (Pvt) Limited
 

Read more »

October 2008 2008-10-14

The diamond mine at Marange, located 50 kms west of Mutare near the eastern border with Mozambique and owned by African Consolidated Resources Plc (listed on AIM) was expropriated.

Read more »

August 2008 2008-08-04

Objective Capital is a highly respected provider of corporate research based in London, The Company commissioned Objective Capital to prepare an independent assessment of the Competent Person Report and other corporate information and documentation.

Read more »

March 2008 2008-03-14

The Indigenisation and Economic Act 2008 became law giving local persons the right to take 51% ownership of foreign companies in Zimbabwe.

Read more »

March 2008 2008-03-10

African Precious Metals Limited African Precious Metals Limited is a UK registered company with mineral interests in Zimbabwe.

Read more »

September 2007 2007-09-20

Release of Competent Persons Report

Dr. Michael Smith, FIMMM, C. Eur lng., our Consultant Geologist, released his Competent Persons Report on the Montezuma gold property.

Read more »