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Huayou Cobalt bets on Arcadia Lithium Mine
Chinese battery manufacturing giant Huayou Cobalt is intensifying its focus on Zimbabwe's Arcadia Lithium Mine, as it pushes forward with a lithium sulfate project aimed at significantly reducing prod...Published: 25 Apr 2025 at 07:23hrs | 87 | by Staff reporter
Mnangagwa to commission Kamativi Mine
As Zimbabwe showcases strength in lithium reserves, the largest in Africa, attention is drawn to Kamativi in Hwange District, Matebeleland North Province, where President Mnangagwa is tomorrow expecte...Published: 11 Apr 2024 at 08:38hrs | 1 | by Staff reporter
Zimbabwe lithium mines given March 2024 deadline
Lithium mining companies have been given a deadline of March 31, 2024, to submit beneficiation plans as the Government seeks to tap into substantial mineral revenues that can be generated from the ben...Published: 04 Dec 2023 at 05:28hrs | 18 | by Staff reporter
Zimbabwe poised to be fifth largest lithium producer
Zimbabwe is poised to be the world's fifth largest primary producer of lithium by 2025 taking advantage of the several massive investments worth almost a combined $1 billion injected in the past two y...Published: 08 Aug 2023 at 06:47hrs | 13 | by Staff reporter
Zimbabwean minister, foreigners in messy fight over mine
MINES and Mining Development minister Winston Chitando has been entangled at the centre of a vicious fight with international investors over vast lithium claims in Mutoko, Mashonaland East.Alt...Published: 09 Dec 2022 at 17:55hrs | 6 | by Staff reporter
Chinese company to invest $300m in Zimbabwe lithium mine
China's Zhejiang Huayou Cobalt plans to invest $300 million on rapid development of a lithium mine and processing plant at its newly acquired Arcadia project in Zimbabwe, according to company document...Published: 24 May 2022 at 15:18hrs | 1 | by Staff reporter
US, CCC and local journalists gang up to foment chaos
The US government through its Harare embassy has started sponsoring local journalists to write more negative stories about Zimbabwe, at the same time undermining Chinese investments to create national...Published: 18 May 2022 at 06:19hrs | 1 | by Gibson Nyikadzino
Zdamwu raps govt over lithium deals
The Zimbabwe Diamonds and Allied Mineral Workers Union (Zdamwu) has rapped the government for allowing the deals which are seeing the nation losing large ...Published: 24 Apr 2022 at 11:21hrs | 4 | by Stephen Jakes
Lithium: Chinese lead scramble for Zimbabwe assets
CHINESE firms have invested over US$570 million in Zimbabwe's lithium mines since the last quarter of 2021, as the rush for Zimbabwe's resource escalates.It is not only the Chinese who have st...Published: 11 Apr 2022 at 06:33hrs | 1 | by Staff reporter
Lithium rush takes Zimbabwe by storm
Three Chinese energy firms have snapped up controlling equity in Zimbabwean lithium mines over the past four months, as the world's biggest electric vehicles market takes a strategic position in Afric...Published: 24 Mar 2022 at 05:17hrs | | by Staff reporter
Mining sector key to Zim economy: Zimcodd
The mining sector is a key sector for Zimbabwe as it contributes about 60% to annual export receipts and at least 14% to Gross Domestic Product (GDP).This was revealed by the Zimbabwe Coalitio...Published: 16 Mar 2022 at 11:30hrs | 154 | by Stephen Jakes
Mnangagwa's governance attributed for Zimbabwe lithium exploration success
ASX-listed battery metals project developer Prospect Resources attributes its current success, especially in Zimbabwe, to a "resurgence" of that country's governance and "open for business" mining sec...Published: 01 Mar 2022 at 05:41hrs | 1 | by Staff reporter
Pushback over Chinese lithium push from US funded NGOs
A massive push by Chinese investors into Zimbabwe's multibillion dollar lithium mines has raised fresh fears of plunder with a leading resource campaigner pushing for stronger Parliamentary oversight....Published: 27 Feb 2022 at 07:34hrs | 5 | by Staff reporter
China's Huayou buys Lithium mine for $422m
CHINA'S Zhejiang Huayou Cobalt (603399.SS) said on Wednesday it would pay a total $422 million to acquire the Arcadia hard-rock lithium mine in Zimbabwe.The move marks Huayou's second foray in...Published: 24 Dec 2021 at 16:37hrs | 10 | by Staff reporter
Zimbabwe lithium miner ships first samples
AUSTRALIA-LISTED mining concern Prospect Resources Limited has shipped its first 25-tonne container of technical grade petalite concentrate from its Arcadia pilot plant, near Harare, the firm said at ...Published: 11 Oct 2021 at 05:55hrs | | by Staff reporter
CMED acquires electric cars from China
Zimbabwe is starting to embrace electric cars with the Government, through the Central Mechanical Equipment Department (CMED) buying six electric vehicles from a Chinese company. Some of the c...Published: 26 Aug 2021 at 06:32hrs | 3 | by Staff reporter
Prospect Resources makes new Zimbabwe find
AUSTRALIA-listed mining concern, Prospect Resources, has identified two significantly sized rare earth elements (REE) anomalies at its Chishanya Carbonatite Project in south-eastern Zimbabwe the Dorow...Published: 08 Aug 2021 at 07:29hrs | 5 | by Staff reporter
Rare earth minerals find 'encouraging'
LITHIUM miner Prospect Resources says preliminary results undertaken from a soil sampling process focusing on rare earth elements (REEs) recently at Chishanya in the southeast of Zimbabwe, are encoura...Published: 14 May 2021 at 07:29hrs | 12 | by Staff Reporter
ASX halts Arcadia trading
AUSTRALIA Stock Exchange (ASX)listed resources firm halted trading on Tuesday amid reports the firm has lined up a capital raising deal.The firm has been developing Arcadia lithium mine in Zim...Published: 15 Apr 2021 at 07:30hrs | 1 | by Staff reporter
Prospect Resources not concerned about Zimbabwe sovereign risk
Prospect Resources says it will forge ahead with its Arcadia Lithium project in Zimbabwe despite the country's risk profile and has put in place measures to minimise potential impact of the sovereign ...Published: 15 Jan 2021 at 07:32hrs | 1 | by Staff reporter
Zimbabwe's economic outlook for 2021
Zimbabwe's economy ended the year 2020 on a fairly stable note due to the return of the multi-currency regime and decline in general inflation levels in the market. Headwinds caused by incessant power...Published: 08 Jan 2021 at 21:02hrs | 2 | by Victor Bhoroma
Las Vegas investor takes a gamble on a Zimbabwean gold mine
An investment firm run by Las Vegas investor, former casino operator and race car owner Michael Luzich is a step closer to taking over a small gold mine in Penhalonga, putting down a US$200 000 deposi...Published: 16 Dec 2020 at 14:01hrs | 16 | by Staff reporter
Prospect sells Zimbabwe gold asset
AFRICAN lithium developer, Prospect Resources Ltd (Prospect) has sold its Penhalonga gold project in Zimbabwe to Luzich Resources Africa for US$1 million.In a statement, Prospect said it had e...Published: 27 Oct 2020 at 07:17hrs | 14 | by Staff reporter
World lithium deficit a boon for Zimbabwe
ZIMBABWE is among major lithium producers that may draw significant benefits from firm global prices and high demand for the precious mineral due to expected supply deficit projected to start in two y...Published: 01 Oct 2020 at 07:13hrs | 1 | by Staff reporter
Zimbabwe lithium mine secures power supply
Prospect Resources has signed a memorandum of understanding (MoU) with African Continental Minerals (ACM) for the supply of power to the Arcadia lithium project and is exploring imports from the regio...Published: 26 Aug 2019 at 07:05hrs | 3 | by newZWire
Zimbabwe poised for high lithium export dividends
Zimbabwe is primed to draw significant benefits from one of its lithium assets after an independent market report for the country's brightest lithium project, Arcadia, certified the mineral as premium...Published: 14 Aug 2019 at 07:40hrs | 1 | by Staff reporter
Zimdaba II - Zimbabwe achieving its investment goals - more opportunities available
The recently concluded Zimdaba II, held at the Royal Geographical Society, London on 9th and 10th April highlighted something that tends to be overlooked when reporting on Zimbabwe, and that is the fa...Published: 15 Apr 2019 at 10:13hrs | 1 | by Staff reporter
Mnangagwa launches diplomatic offensive
After taking over from former President Robert Mugabe in November last year, President Mnangagwa and his team needed to provide strong leadership and put the basic fundamentals in place for the countr...Published: 28 Dec 2018 at 20:34hrs | 1 | by Staffg reporter
Mnangagwa breaks ground for Arcadia Lithium Mine
President Emmerson Mnangagwa has commissioned a $165 million Arcadia Lithium Mine plant in Goromonzi that is expected to start operating soon.Speaking at the ground breaking ceremony, Mnangagw...Published: 28 Nov 2018 at 17:47hrs | 1 | by Staff Reporter
Lithium project to earn Zimbabwe $3bn
Australia Stock Exchange (ASX) listed Prospect Resources Plc says its Arcadia Lithium project, located 38 kilometres east of Harare, has proven capacity to generate nearly $3 billion in export revenue...Published: 22 Nov 2018 at 05:32hrs | | by Staff reporter
Zimbabwe to set up battery manufacturing factories
Minister July Moyo says Zimbabwe is going to set up battery manufacturing factories in the Midlands Province as part of lithium beneficiation efforts, ...Published: 20 Nov 2018 at 16:14hrs | 1 | by Staff reporter
Zimbabwe readies for lithium battery production
ZIMBABWE Lithium Company is negotiating with RioZim to upgrade the Empress Nickel Refinery (ENR) and position it for battery grade lithium production.Lithium has become a much-sought after min...Published: 07 Jun 2018 at 07:14hrs | | by Staff reporter
JR Goddard opens up on lithium contract
BULAWAYO businessman Mr Jim Ross Goddard says his company will deliver the best service and render investment value after it won an earth-moving contract running into millions of dollars from Prospect...Published: 03 Jun 2018 at 15:07hrs | 35 | by Staff reporter
The world trusts Mnangagwa, So should we
From the moment he assumed office, President Emmerson Mnangagwa has set about reversing the slide into the economic decay, isolationism and a foreign investor's nightmare.The numbers have spir...Published: 28 May 2018 at 09:10hrs | 1 | by Charles (student)
Mnangagwa's six months in office
It is now exactly six months since President Mnangagwa's inauguration on November 24, 2017 as the country's second Executive President and analysts say he has indeed ticked the boxes in as far as esta...Published: 27 May 2018 at 10:10hrs | | by Staff rpeorter
Investment deals bear fruit?
Most of the $15 billion investment commitments to Zimbabwe, the bulk of which are in the mining sector, are progressively coming to fruition, with the $4,2 billion platinum project bankrolled by Cypru...Published: 27 May 2018 at 10:04hrs | 1 | by Staff reporter
Mnangagwa admin pulls in $2.6bn lithium project
The allure of the new political administration has convinced Australian Stock Exchange (ASX)-listed Prospect Resources to commit to a lithium project near Harare, which is expected to generate over $2...Published: 14 Mar 2018 at 05:42hrs | | by Staff reporter
Zimbabwe to become a global lithium player
ZIMBABWE is expected to be one of the major global players in the production of processed lithium, a main component in the manufacturing of electric car batteries with Australian (ASX) listed Zimbabwe...Published: 28 Jan 2018 at 08:07hrs | 14 | by Staff reporter
Zimbabwe priorities lithium project
President Emmerson Mnangagwa's government is prioritizing the mining of lithium as it moves to revive the country's economy. Australia-based mining firm Prospect Resources said its Arcadia Lit...Published: 18 Jan 2018 at 07:40hrs | | by Staff reporter
Zimbabwe to become largest lithium producer
Zimbabwe is poised to become one of the largest lithium producers in the world due to increased global demand.The investment-starved country produced 900 tonnes of lithium in 2015, with top pr...Published: 11 Jul 2017 at 08:02hrs | 1 | by Staff reporter
Zimbabwe to have largest lithium project in Africa
ASX-listed miner Prospect Resources is in the process of developing a $52, 5 million lithium project in Zimbabwe. Latest indications from the latest pre-feasibility study are that the Arcadia Lithium ...Published: 07 Jul 2017 at 06:36hrs | | by Staff reporter
Australian firm moves into Zimbabwe gold sector
A unit of Australia Stock Exchange listed Prospect Resources has invested in Zimbabwe's gold mining sector after the Zimbabwe Investment Authority approved the acquisition of a majority shareholding...Published: 16 Jul 2013 at 06:17hrs | 3 | by Business reporter
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