The number of new investment licences issued rose by 12.5% in the third quarter, the Zimbabwe Investment Development Agency (ZIDA) says, despite concerns that the election period would slow down applications. CEO Tafadzwa Chinamo...
A coking coal project that started production in Zimbabwe this year could be sold to a larger investor, reflecting strong demand for the coal used by steel manufacturers. Contango, listed in London, says...
By Nyasha Chingono Caledonia Mining Corp is exploring options to raise US$250 million needed to develop its Bilboes project into what could be Zimbabwe’s biggest gold mine. The company, which also...
Tharisa Plc says it will delay commissioning its US$391 million Karo mine in Zimbabwe until June 2025 due to low platinum prices, further signs that weak commodity prices and an uncertain global economic outlook will hurt Zimbabwe’s...
Caledonia Mining has reported a 3% increase in gold output for the three months to September to 21,772 ounces, setting a new quarterly record for Blanket Mine. The output in the quarter means that...
The Zimbabwe government says mining is booming, but the industry says it is under growing pressure from the threat of weak global metal prices and rising costs at home. According to the Chamber of...
Zimplats spent US$304 million over the past year on new projects, part of its US$1.8 billion investment plan, but weaker global platinum prices drove sales down 23%. The company increased its spending on capital...
By Nelson Banya China's Canmax Technologies and Premier African Minerals  have resolved their dispute over a lithium concentrate supply contract that was delayed by a defective processing plant, the two companies said on Tuesday.
Zimplats is now importing 50MW of power from Zambia while pushing ahead with the construction of a solar plant, as it seeks more energy to power its US$1.8 billion expansion. The company, Zimbabwe’s biggest...
It was not just just the layers of coal that stood out as President Emmerson Mnangagwa pulled the veils on the country’s newest coal mine on Monday. It was also the thick layers of irony.
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