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 to that point been...
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...
THARISA, the UK-listed chrome and platinum group metal (PGM) producer, would consider taking on an equity partner for its Zimbabwe platinum group metal (PGM) project as one of several financing options. “It’s certainly an option,” said Phoevos Pouroulis, CEO of...
Six decades ago, explorers from a British firm, Atomic Energy Authority, dug around these red hills for beryl, a mineral used for alloys to make everything from springs to aircraft and missiles.  It was the atomic age and they were convinced...
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...
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...
Zimbabwe Lithium Company (ZLC) expects to complete a pilot plant and start production of lithium concentrates in the second quarter of 2019 after a legal dispute delayed work on the project, its chief executive said on Monday. John McTaggart said...
ASX-listed Prospect Resources has increased its ownership of the Arcadia lithium mine in Zimbabwe from 70% to 87%. Prospect has begun construction at the site, near Harare, at a cost of $25 million.  Prospect reached a conditional agreement with Farvic Consolidated...
By Mukasiri Sibanda Shortly before the Finance Minister Professor Mthuli Ncube delivered his maiden national budget statement in Parliament, Bulawayo city was showered with rains. The Botswana Pula, a strong and stable currency which literally means rain, immediately came...
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...
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