AIM-listed miner Vast Resources PLC has raised £863,750 through a subscription, part of which will be used for due diligence at the Marange Diamond Fields. The company announced recently that it had reached an agreement giving it access to the...
Caledonia Mining Company has reported a 16% jump in profits to US$54.1 million after 2021 gold output hit a new record, in a year the company describes as a “turning point”. Gold production at...
An investment that began eight years ago lifted Caledonia Mining to its highest ever gold output in 2022, and the company expects more growth ahead after three recent acquisitions. Gold output from the company’s...
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...
Dallaglio, the mining arm of VFEX-listed Padenga, more than doubled gold output in 2022, the first full year of production for its new mine, Eureka. The company, which also runs Pickstone Mine near Chegutu,...
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...
Reserve Bank of Zimbabwe’s move to compel mining companies to surrender more of their export earnings could cut mine output and cause “a viability crisis”, miners warn. Central bank announced on January 8 that...
Record quarterly gold output drove Caledonia Mining Corporation to a 29% rise in half-year output, keeping the company on track to meet its annual targets. Blanket Mine produced 20,091 ounces in the quarter to June, 20%...
Premier African Minerals reports it has finished building a lithium processing pilot plant at its Zulu Mine at Fort Rixon and expects to start production of spodumene concentrate shortly. Spodumene is a lithium ore...
UK resources investor Galileo Resources is to start exploring for lithium and gold in Zimbabwe after being granted the option to acquire 51% of a local prospecting firm. Galileo, listed in London, will...
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