WITHIN hours of Emmerson Mnangagwa being inaugurated, Harry Greaves, executive director of Prospect Resources, got a call from the Ministry of Mines. The Government wanted to know how Arcadia Mine, a lithium project that had up...
Sentiment on Zimbabwe is improving with potential investors looking for business opportunities while monitoring political developments closely. But some miners are already moving in on SA’s northern neighbour with zeal. Zimbabwe was starved of foreign direct investment under former president...
Canadian mining group the Caledonia Mining Corporation has entered into a memorandum of understanding meant to help it regain control of its Zimbabwe-based subsidiary Blanket Mine. It had to cede shareholder control of the mine in 2012 when it complied...
VAST Resources, the AIM-listed diversified miner, has reported a record quarterly output at its Pickstone-Peerless gold mine and said work to begin production at new investment Eureka Mine was “progressing encouragingly”. Pickstone-Peerless, near Chegutu, delivered a 56 percent increase in...
Vast Resources has concluded an agreement that will give it access to the Marange diamond fields in Chiadzwa, the London-listed company has said. Vast will partner with Red Mercury a company owned by the Marange-Zimunya Community Share Ownership Trust Community...
In the 1990s, Mobil Oil spent $30 million prospecting for oil in the Zambezi basin. They abandoned the search when they discovered that the area had more gas than oil. At the time, there was no structured market for gas...
By Fitch Solutions Key View: The election of Emmerson Mnangagwa as President of Zimbabwe presents growing upside risks to growth in the country's mining industry over the coming years. However, we are holding off on revising the country's production forecasts...
The Zimbabwe government will hold 46% of all diamond mining in the country, while local investors will own 5% of any new operations, under a new policy announced on Tuesday.  Government may also waiver its regulations to allow foreign investors...
News that nickel prices have hit five-year highs should cheer Zimbabwe’s Bindura Nickel Corporation (BNC), the country’s nickel miner. But, just as Zimbabwe's gold producers are missing out on a gold rally, BNC may...
Caledonia Mining Corporation has reported record quarterly gold output from its Blanket Mine after production jumped 24% in the last quarter of 2019 and helped the miner beat annual targets. Better power supply...
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