Chinese firm Sino Hydro – newzimbabwevision

Zimbabwe Consolidated Diamond Company (ZCDC) and Townsend Enterprises dispute over Gache-Gache rich gold deposits

Posted on August 23, 2016August 23, 2016 by newzimbabwevision

A CLASH is brewing between the Zimbabwe Consolidated Diamond Company (ZCDC) and Townsend Enterprises over the extraction of gold at the where gold deposits worth millions of US dollars were discovered by the latter as it has emerged that the state-owned concern is gradually forcing out the private company. Townsend Enterprises was last year sub-contracted by the Zimbabwe Power Company (ZPC) to supply sand to Chinese firm Sino Hydro for the construction of Kariba…

Zanu PF Regime, Launches Large Scale Mining Of Gold And Platinum Discovery In Kariba, Gache Gache Area.

Posted on May 9, 2016May 9, 2016 by newzimbabwevision

The government has moved in to conduct large scale mining in Kariba following the recent discovery of gold and platinum group mineral reserves in the area.Preliminary geological surveys have shown deposits of gold and platinum in the Gache Gache area in Kariba district. Mines and Mining Development Minister Walter Chidhakwa confirmed the latest addition to the country’s growing minerals find. “Gold deposits have been discovered at Gache Gache and during sampling it was later discovered…