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Nigerian billionaire Zimbabwe deals falter amid capital problems
WITH the help of Zimbabwean authorities who supported him amass platinum, gold, lithium, iron ore, tin and some rare earth mineral concessions, it first appeared like he was going far.At some poin...Published: 28 May 2024 at 12:46hrs | 5 | by Staff reporter
Mnangagwa to commission two small mines
PRESIDENT Mnangagwa will commission two new mines this week - Pickstone Peerless' underground gold mine project in Chegutu today, and Kamativi Lithium Mine near Hwange in Matabeleland North on Friday....Published: 10 Apr 2024 at 05:59hrs | | by Staff reporter
Zimbabwe sees surge in mining investments
Zimbabwe's mining sector has witnessed a surge in investment over the past two years, with several companies investing heavily in exploration, expansion, and plant construction.A recent survey...Published: 09 Nov 2023 at 05:53hrs | 17 | by Staff reporter
African Mining Sector Set for Strong Growth in 2022
Johannesburg - 16 May 2022 - With mining companies currently enjoying high prices, exceptional production performance and robust supply chains, the mining team from Stanbic Bank's parent company, Stan...Published: 16 May 2022 at 11:52hrs | 11 | by Mark Buncombe, Head of Mining and Metals at Standard Bank Group
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 | | by Staff reporter
Zambia suffers major power outage
Copper-rich Zambia suffered a major power outage affecting most parts of the country on Friday after a problem at an important hydropower station, and the state utility said it was working to restore ...Published: 07 Nov 2021 at 07:07hrs | 5 | by Staff reporter
Landela buying spree raises stink
PRESIDENT Emmerson Mnangagwa marked his triumphal entry into the citadel of power in 2017 by declaring that he would open the country up for business, thus promising a departure from the ruinous polic...Published: 15 Jan 2021 at 07:37hrs | 1 | by Cliff Chiduku
Kuvimba Mining House targets 500 000 ounces of gold
KUVIMBA Mining House is targetting 500 000 ounces of gold from all its subsidiaries which will turn the fortunes of the gold sector in Zimbabwe.The Group Chief Executive Officer, David Brown o...Published: 19 Dec 2020 at 08:01hrs | | by Simbarashe Sithole
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 | 10 | by Staff reporter
SMM to resume asbestos exports
Awakening asbestos mining giant Shabanie Mashaba Mines (SMM) is set to resume chrysotile asbestos fibre exports for the first time in over a decade as Government's master plan to revive the mine begin...Published: 25 Aug 2019 at 08:38hrs | 1 | by Staff reporter
Singaporean investor duped half a million by Zimbabwean partner
Harare businessman Fradreck Utsiwegota has appeared in court facing charges of defrauding a Singaporean investor of over half a million dollars.The Singaporean investor, Ramson Bupendra approa...Published: 14 Aug 2019 at 23:30hrs | | by Staff reporter
Movie-style diamond mine robbery in Zimbabwe
AN armed gang of robbers, suspected to comprise members of Zimbabwe security forces and some artisanal miners, raided the Chiadzwa diamond fields on Sunday night and got away with tonnes of precious o...Published: 05 Apr 2019 at 10:01hrs | 1 | by Staff reporter
30 families face displacement from Zimplats tailings dam
CLOSE to 30 families resettled by government at the foot of Zimplats tailings dam in Chegutu need to be urgently relocated because they face imminent danger in the event that the wall collapses, the c...Published: 27 Mar 2019 at 07:03hrs | | by Staff reporter
Kamativi starts work on refinery plant
Kamativi Tailings Company says it will commence civil works at its plant site in Matabeleland North after the company concluded a $9,5 million offtake arrangement with a Swiss-based commodity trader, ...Published: 30 Jan 2019 at 07:59hrs | | by Staff reporter
'Zimbabwe diamond output to shatter records'
THE Zimbabwe Consolidated Diamond Company is expected to smash production records as it guns for a three million carat haul this year, driven by US$100 million invested in operations over the last two...Published: 04 Nov 2018 at 08:41hrs | | by Staff reporter
Kamativi tailings project to commence production mid-2019
Kamativi Tailings Company (KTC), in which the State-owned Zimbabwe Mining Development Corporation (ZMDC) is involved through a joint venture, is scheduled to take its tailings project on the old Kamat...Published: 26 Sep 2018 at 11:33hrs | | by Staff reporter
350 new jobs at revived Kamativi Tin Mine
AT least 350 jobs will be created under the first phase of the Kamativi Tin Mine re-development programme, which requires $33 million, an official has said.The resuscitation of the mine is alr...Published: 30 Apr 2018 at 06:36hrs | | by Staff Reporter
Chimata Gold signs letter of intent with Zimbabwe Lithium company
Chimata Gold Corp is pleased to announce that it has entered into a binding letter of intent with Zimbabwe Lithium Company Limited, a privately held company incorporated under the laws of Mauritius. ...Published: 15 Feb 2018 at 10:35hrs | 1 | by Chimata Gold Corp
Diamond marketer plans to leave Zimbabwe
FIRST Element, the company that has been solely marketing Zimbabwe's diamonds since 2014, says it will leave the country next year and hand over operations to locals following suspicions that it could...Published: 24 Jul 2016 at 09:20hrs | | by Kuda Bwititi
Mwana Africa aims to increase gold production by 208%
Mwana Africa Plc is targeting a 208 percent increase in gold production to 200 000 ounces in the next three years through a series of initiatives to ramp up output at operations in...Published: 30 Apr 2014 at 00:16hrs | | by Golden Sibanda
Open Cast Mining at Metallon's Redwing and Arcturus Mines
Following the recent re-opening of its mines earlier this year, Metallon has taken the decision to switch its underground mining operations at both the Redwing and Arcturus mines over to open cast...Published: 24 Jul 2013 at 15:51hrs | 1 | by Julie Bowen
'Fears that Zim will strip foreign mines without compensation are unfounded'
Fears that Zimbabwe's government will strip foreign mines of half their assets without compensation are unfounded, according to Kalaa Mpinga, chief executive of Mwana, which has gold and nickel operat...Published: 27 Apr 2013 at 06:32hrs | | by Reuters
Unki production on target and within budget: Amplats
Anglo American Platinum (Amplats) says its Unki platinum mine and concentrator plant have been handed over to operations, the Daily News reported.Amplats executive head of engineering and proj...Published: 30 Dec 2011 at 22:19hrs | | by Mining Weekly
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