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    A gold mine near the city of Kwekwe, central Zimbabwe collapsed on Wednesday, February 6, leaving 20 miners trapped underground. Police in Zimbabwe confirmed that two miners had been recovered as rescue efforts at the mine continued.

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    Jul 26, 2007 · The central bank of Zimbabwe has increased the price of gold by a massive 757 per cent in order to cover rising production costs and curb smuggling, Thomson Financial reports.Gideon Gono, the bank's governor, said "With immediate effect, the support price has been increased from the current 350,000 Zimbabwe dollars per gram ($1,400 on the official market, but $2 on the parallel market) to

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    The accident comes a year after at least 22 miners died near Kwekwe, which highlighted the risks run by illegal gold miners in Zimbabwe. In the latest accident, the miners were illegally mining at Globe and Phoenix gold mine. They entered the shaft on Wednesday night but did not emerge as expected on Thursday morning, the Herald said.

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