Prospect Resources has begun planning for its next project after shareholders on Friday approved the sale of the company's 87% stake in Arcadia lithium mine to China's Huayou International.
Huayou, one of the...
Zimbabwe once sat at the top table of African gold miners, but years of underinvestment in exploration stole its shine. For some investors, this makes it just the right place to be.
Caledonia Mining...
Sinomine Resource Group is spending US$180 million to buy a controlling stake in Bikita Minerals, Zimbabwe’s oldest lithium producer, joining the race among big international firms to secure supplies of in-demand battery materials.
Through its Hong Kong-listed unit, Sinomine is...
Gold producer RioZim could join the Victoria Falls Stock Exchange (VFEX), where miners are attracted by tax breaks offered for listing on the USD-denominated market.
A VFEX listing could ease part of RioZim’s problems,...
Chinese explosives company Hunan Nanling Industrial Explosive Materials has cancelled its contract in Zimbabwe over what it says is a ‘turbulent domestic situation’ in the economy.
The Chinese government has a significant stake in...
Major recent transactions involving Zimbabwean lithium assets have raised strong public interest.
Among these deals are Prospect Resources’ US$422 million acquisition by China’s Huayou Cobalt, and Sinomine's US$180 million takeover of Bikita Minerals,...
Huayou, one of the world’s biggest companies in the battery metals business, has announced a deal to buy Prospect Resources, which is developing a lithium mine in Zimbabwe. The deal will see the Chinese giant paying US$422...
China’s Zhejiang Huayou, the world’s biggest refiner of the battery metal cobalt, is to buy lithium developer Prospect Resources and creditor's rights for a combined US$422 million.
Prospect is developing the Arcadia lithium mine...
B2Gold Corporation, the Canadian company that owns mines in Africa and the Philippines, is interested in acquiring gold assets in Zimbabwe.
The mid-tier gold producer, which has mines in Mali, Namibia and the Philippines,...
Zimplats, the country’s biggest platinum producer, says its board has approved new capital investment worth US$1.8 billion in Zimbabwe, with US$1.2 billion already committed for implementation.
The investment will be spread out over the...
