By Rodrick Moyo and Mukasiri Sibanda  Two weeks ago, a gold rush was experienced in Bubi district of Matabeleland North, at a place which is a stone’s throw away from Lonely Mine.
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...
RioZim is to sue the Reserve Bank of Zimbabwe over its failure to allocate foreign exchange to its mines, the gold producer has said, in a hard-hitting cautionary likely to further dent investor sentiment. RioZim is listed on the Zimbabwe...
Zimplats says the US$264 million development of Mupani mine, which will replace two of its older mines, is ahead of schedule and the new operation is projected to reach full production in 2025. The platinum...
Armed with a positive feasibility study, an offtake deal and national project status, lithium developer Prospect Resources has now entered one of the toughest phases for any company investing in Zimbabwe – raising money on the capital...
President Emmerson Mnangagwa is among at least 43 African leaders who have flown to Russia, hoping to take a bite out of that country’s growing commercial interest on the continent. But he goes...
Invictus Energy, listed on the Australian Stock Exchange, will start drilling an exploration oil well at its Muzarabani prospect in 2020, President Emmerson Mnangagwa announced Thursday. The drilling will be at a cost of $20 million, the President said at...
ZIMPLATS, the country’s largest platinum producer, has reported a 94 percent drop in annual after-tax profit to $2.6 million after taking a $98 million tax hit from a land deal with the Government. In June, Zimplats agreed to release 23...
Global pressure is rising against coal, but some small-cap miners are still looking to Zimbabwe, where the country needs to exploit billions of tonnes of coal reserves to end a damaging power crisis.
Zimbabwe, which is banking on investment in its natural resources to arrest an economic free-fall, faces having the assets of the state mining company seized after a final appeal of a 2014 arbitration ruling failed.
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