Zimbabwe could suffer a 60% fall in mineral output in the second quarter and lose over US$400 million in mining revenue due to the impact of the coronavirus, the Chamber of Mines says. Production,...
KWEKWE - Portnex has shut down its Zimasco ferrochrome plant in Kwekwe after prices of the alloy fell to four-year lows on weak demand caused by the coronavirus outbreak. The closure places at risk hundreds...
In this report, newZWire details the main factors and companies to watch in Zimbabwean mining in 2020. Click on the link below to access a pdf of the report. newZWire_mining_2020 (2)Download
Mining was expected to be the bedrock on which Zimbabwe built its recovery. The early months of President Emmerson Mnangagwa’s leadership saw strong international interest in Zimbabwe’s largely untapped resources. A mining investment conference...
Shamva and Mazowe Mines have been put into corporate rescue after an application by unions for a reconstruction order on the two mines, owned by Metallon, once the country’s biggest gold producer.   The Associated...
By Leon Louw When it comes to Zimbabwe, investors either remain on the side-lines or they take flight. Two years ago, when Mnangagwa took over from Robert Mugabe, Zimbabwe was the talk of the town, especially...
Caledonia Mining Corporation says earnings for 2019 will be "substantially higher" than forecast on firmer gold prices, higher than expected output and costs that were lower than projected. The Toronto-listed company runs the...
Prospect Resources, which is developing a lithium mine at Goromonzi, reports that it has discovered a "significant" presence of caesium, a rare mineral used for various purposes such as hydraulic drills and GPS technology.
Global pressure is rising against coal, but some small-cap miners are still looking to Zimbabwe, where the country needs to exploit billions of tonnes of coal reserves to end a damaging power crisis.
Caledonia Mining Corporation has finally secured regulatory approval to increase its shareholding in Blanket gold mine to 64%, the company announced on Tuesday. The Jersey-registered miner, which acquired the Zimbabwean mine in 2006, owned...
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