Tharisa, the South African company developing a platinum mine in Zimbabwe, plans to sell US$50 million of bonds on the Victoria Falls Stock Exchange to help finance the project.
The miner last month announced...
What do you do when your company has claims of close to half a billion US dollars against it? Strip its assets and hide them under another company.
Internal documents obtained...
Is Zimbabwe a good investment destination for miners or not? It all depends on who you ask.
Each year, Canada's Fraser Institute asks over 2000 mining companies to assess which countries are best to...
A capital shortfall of US$10 billion over the next five years will limit Zimbabwean mines' ability to build on better commodity prices expected this year, the Chamber of Mines says.
Gold and platinum producers...
Red Rock Resources plc, a UK-listed exploration company, has acquired lithium claims in Zimbabwe and is setting up a lithium exploration unit in the country to hunt for more.
The company, quoted on London's...
Zimplats has posted a 32% year-on-year decrease in net profit to US$170.68 million for the six months ended December 2021, hurt by exchange losses.
The company recorded net foreign currency exchange losses of US$21.8 million,...
The government has granted energy explorer Invictus Energy access to a larger exploration area, seven times its current licensed area, as the two parties move into a critical phase; a production sharing agreement.
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...
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...
In under two years' time, Zimplats will hit a key milestone on the long path to local beneficiation; it will no longer have to send platinum concentrates to South Africa for smelting.
The company...
