Tharisa, the JSE-listed miner currently building the Karo Platinum mine in Zimbabwe, says it has raised US$130 million in a debt facility secured by production.
The company, which began work on the US$391 million...
The government will give miners that had stockpiled lithium ore before last year’s export ban six months to sell it, according to draft regulations.
Zimbabwe last year banned the export of unprocessed lithium to...
After a ban on raw lithium exports left her associates sitting on stockpiles of ore, Henrietta Rushwaya wants the Zimbabwe government to reverse the law.
Calling herself the President’s “most loyal miner”, Rushwaya, who...
By Mukasiri Sibanda
As Parliament gathers public input for the Mines and Minerals Amendment Bill (MMAB), it is vital to sift through the Bill to assess if it primes Zimbabweans for an equitable benefit...
Desperate for capital after the pull-out of Russian investors stalled the Darwendale platinum project last year, Kuvimba Holdings wants state-owned Zimbabwe Consolidated Diamond Company (ZCDC) to put in US$400 million for a 33% stake in the operation.
Bikita Minerals says it has almost doubled its petalite output since Sinomine took over the country’s oldest lithium mine in a US$180 million deal last year.
The company has also signed a US$24 million...
By Mukasiri Sibanda
For over a decade, reforms to the Mines and Minerals Act (MMMA), deemed a colonial piece of legislation, have proved elusive. This time around, can the new Mines and Minerals...
In 2000, Eureka Mine in Guruve stopped operations after Delta Gold left Zimbabwe. In 2018, Dallaglio, the mining arm of Pdenga Holdings, took over and invested over US$50 million. In 2021, the mine was brought back to...
By Nelson Banya
Zimbabwe’s central bank on Thursday said it will allow exporters, including miners, to keep 75% of their export earnings in foreign currency after the current cap of 60% drew complaints from...
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...
