Caledonia Mining says it plans to invest US$250 million over three years to develop Bilboes Mine, once it completes the takeover of one of Zimbabwe’s most prized mining assets.
Last week, Caledonia announced it...
Victor Gapare was an executive at Anglo American Corporation Zimbabwe when the company exited Zimbabwe’s gold sector in 2003. Gapare was part of a management buyout that took over Bilboes, a mine 75km from Bulawayo.
Government likes to tout mining as the sector that will lift Zimbabwe's economy from crisis, but miners say its policies are, in fact, hurting them.
Currency regulations, lack of clarity on policy, high...
Caledonia Mining has agreed to buy Bilboes gold mine for US$53 million worth of stock, a deal that could increase Caledonia’s gold output by four times.
Caledonia currently owns Blanket Mine and has stated...
Chengxin, the Shenzhen-listed company that has acquired lithium prospects in Zimbabwe, expects to spend US$130 million to develop the new Sabi Star mine in Buhera.
The company, listed on the Shenzhen stock exchange, spent...
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%...
By Nelson Banya
Premier African Minerals will start shipping spodumene concentrate from its Zulu lithium mine in Zimbabwe to China by March 2023 after signing an offtake deal with Suzhou TA&A Ultra Clean...
By Tonderai Maruke
The train arriving at the Maputo port, hauling 40 wagons each carrying 2000 tonnes of coal from Botswana, shows how coal producers are riding the growing global demand for coal.
Ireland's gold and zinc explorer Arkle Resources, listed on London’s AIM market, is the latest company to make an entry into Zimbabwe to prospect for lithium.
The company, whose only operations are in Ireland, says it...
China’s Sinomine Resource Group on Friday launched a US$200 million project to build a plant and expand existing mining operations at its recently acquired Bikita lithium mine in Zimbabwe.
Zimbabwe holds some of the...
