Caledonia Mining to expand gold exposure in Zimbabwe

Zimbabwe's law allow ministers to pass regulations that do not need to be approved by Parliament first, but within two months the Parliamentary Legal Committee has to make a ruling on their constitutionality.

Glencore Xstrata operations are down at three locations.

Capital expenditure in mining peaked last year, stabilized in the second half of 2012 and then plunged steeply in the March quarter, wiping almost $1.5 billion off Australia's quarterly output.

Between January and March, the country's economy grew by just 0.9% and analyst blame the mining industry for this.

Customers and mining companies are skeptical about the implementation.

A government official said the issue is so alarming that the country exported none of its own gold in April.

Transformative deal.

In an effort to place South Africa’s smashed platinum and gold industries on a recovery path,

Experts believe agricultural, mining and energy resources could easily boost the continent’s economic growth in the next two years.