Cluff Africa has signed a non-binding agreement with Zimbabwe’s sovereign wealth fund Mutapa to develop a lithium mine in the southern African country. Cluff will be assigned a 45% share of licenses at Sandawana,...
British resources company Contango has agreed to sell a 51% interest in the Muchesu coal project to Wencai Huo, a Zimbabwe-based Chinese investor with vast interests in mining. Contango, listed in London, started building...
Zimbabwe’s ferrochrome miners, the nation’s biggest electricity consumers, have agreed to build their own power plants over the next two years as the government seeks to balance energy demand. Under the agreement, ferrochrome producers...
The National Railways of Zimbabwe needs US$431 million for a rail link to the new Manhize steel plant, which has just started production. The plant, built by Tsingshan’s Dinson Iron and Steel Company near...
Government wants Zimbabwe's ferrochrome producers, the heaviest consumers of energy, to produce their own power within the next two years and relieve pressure on the grid. Energy Minister Edgar Moyo says power demand from...
Zimbabwe is desperate to get more out of its lithium wealth, but the country is also trying to strike a balance to keep investors happy. The country enjoyed a rush of lithium investments two...
Caledonia Mining expects to triple its gold output once it develops Bilboes, the gold asset it acquired last year, after the company decided on a single-phase development strategy for the new project. The company has...
After the toughest year on record for Zimbabwe’s platinum producers, Alex Mhembere worked overtime to lift the mood at the Chamber of Mines annual meeting on Wednesday. “We are in winter,” said Mhembere, CEO...
Kuvimba Resources says investors are queueing up for access to its lithium assets, but the company does not plan to sell its mines. Instead, it is is working on structures to accommodate investors keen to develop its...
Zimbabwe’s sole authorised buyer of gold will introduce a system that traces supply of the metal from mines to the market in a bid to stop smuggling. Fidelity Gold Refinery’s initiative will start on...
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