Russia’s Vi Holdings says it has exited from Great Dyke Investments (GDI), leaving the futute of what is supposed to be Zimbabwe’s biggest platinum project at risk.
Vi Holdings is ceding its 47.8% stake...
A series of investments into Zimbabwean lithium by foreign companies, led by mostly Chinese energy companies and UK explorers, has raised debate on value addition in the sector.
Huayou Cobalt bought Arcadia mine from...
Kibo Energy, the UK renewables developer, says it has dropped its interest to acquire the 100MW Victoria Falls solar park, citing incomplete information from the project's current owners.
The company had said in March...
French energy giant Électricité de France (EDF) is buying 50% of the South African operations of Distributed Power Africa (DPA), a unit of Econet’s Cassava Technologies, hoping to take advantage of worsening power shortages there.
Huayou Cobalt, the company that has bought the Arcadia lithium mine from Prospect Resources, says it has budgeted US$300 million to bring the project to production.
The company bought Arcadia for US$422 million in...
Hwange Colliery says coal production rose 49.5% last year, and the company has laid out a plan to mine more coal this year.
The plan includes a US$15 million deal with an equipment...
Trafigura Group and Zimbabwe’s government have discussed a deal that would give the commodities trader control over output from some of the nation’s biggest mines as repayment for debts.
Under the agreement, Trafigura will...
Kibo Energy plc, a UK renewable energy company listed in London and Johannesburg, has acquired the 100MW Victoria Falls Solar Park project for US$13 million.
The first 25MW of the project is fully funded...
President Emmerson Mnangagwa believes he has a plan to soften the blow of rising global oil prices; cut fuel taxes. But he will also need a plan for what to do with the gaping hole that this...
Prospect Resources and Huayou International have moved a step closer to sealing a US$422 million acquisition deal, winning key regulatory approvals in China and cancelling a previous offtake deal with another Chinese company, Sinomine.
