Caledonia Mining says it is to raise more funds than initially planned from its Victoria Falls Stock Exchange (VFEX) listing, after an “extremely positive Zimbabwe investor response” for its stock issue.
An extra 630,000 more shares will...
It was once one of the biggest copper mines in the region, but it is hard to tell with the broken public toilets, long queues for water and crumbling staff houses.
In Chebanga,...
Zimbabwe’s mining executives are more confident of the industry’s prospects next year than they were in 2021, but their optimism is tempered by old concerns over erratic government policy.
According to the Zimbabwe Chamber...
Contango, the UK listed resources company, says it plans to start coking production in Zimbabwe in the next quarter after better-than-expected results from a set of sample analyses conducted by Bureau Veritas in South Africa.
Caledonia Mining Corp.'s Blanket mine produced 18,965 ounces of gold in the third quarter to September 30, a 25% increase on the corresponding quarter of 2020 and a new record for the mine, the company announced on...
Zimasco, one of the country's biggest chrome smelters, plans to more than double annual smelting capacity to 400,000 tonnes over the next three years.
The Sinosteel unit plans to ramp up output of...
Zimbabwe has been asked to settle a US$70 million debt after it lost an international arbitration case over canceled nickel and platinum ventures between a private company and the state miner more than a decade ago.
Caledonia Mining is to buy Pan African Mining’s gold claims near Gweru, developing its second mine in Zimbabwe and reviving an operation that shut down close to 20 years ago.
Blanket Mine is currently Caledonia’s...
Those that are not well-connected and cannot afford bribes end up mining without permits. They have to pay huge royalties to the owners of mining permits, normally 30% of net proceeds, after deducting costs. Ultimately, it is...
JSE-listed multinational construction company Murray & Roberts (M&R) is adding Zimbabwe’s new Darwendale platinum mine among R84 billion worth of contracts that it hopes to wrap up this year.
The mine, run by Great...
