On Tuesday, Kuvimba Mining House came out to declare: “We have nothing to do with Kuda Tagwirei.” Nobody is buying that, and Kuvimba and the government shouldn’t even be trying to sell us that line.
Kuvimba Mining Company now controls mines previously run by the State-owned Zimbabwe Mining Development Corporation (ZMDC). The mines, for years deep in debt and mostly idle, were first put up for sale in 2018.
Kuvimba Mining House has again insisted it has nothing to do with businessman Kuda Tagwirei, after email leaks by a former director showed how the businessman orchestrated the company’s formation.   Sentry, an American...
Kuvimba Mining House has paid out US$5.2 million in dividends to shareholders, less than a year after bringing some of the country’s biggest mining assets under its wing with government support. From white former...
Australian company African Continental Minerals (ACM) is to sign a 20-year joint venture with the Zimbabwe government to exploit coal bed methane in the country. A draft MoU between government and ACM’s parent company,...
Prospect Resources, which is developing the Arcadia lithium mine, says its pilot plant is close to completion and the company is on course to make its first shipment of petalite this month. Some 92%...
Alrosa, the world's largest producer of rough diamonds, has increased the number of prospecting grants it holds in Zimbabwe and remains optimistic about the potential of the country’s diamond industry to weather the coronavirus pandemic.
Padenga says it has invested US$40 million in Eureka Mine and projects commissioning in July, reviving a mine that last operated two decades ago. Resumption of mining at the Guruve mine would be a...
Tharisa, the JSE-listed platinum and chrome producer, has acquired Salene Chrome Zimbabwe for US$3 million as part of its growth strategy in the country. Salene Chrome is a low-lost property at development stage on...
Gold output at RioZim fell 27% last year due to low-grade ore at its flagship operation Cam & Motor and breakdowns at the smaller Dalny mine. Gold production fell from 1.66 tonnes in 2019...
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