Zimplats spent US$159.1 million on capital projects over the past year, and has laid out an even bigger budget on an expansion programme to grow platinum output.
In the year to June, revenue grew...
Prospect Resources, the Australian-listed company developing the Arcadia lithium mine in Zimbabwe, has opened bids for investors willing to fund the project.
Prospect says it has received “multiple enquiries” from “a range of international...
Caledonia Mining’s investment in a new shaft at Blanket Mine is starting to show results; ore tonnage reached new records in the second quarter, helping the company double earnings for the period.
The company...
By Nelson Banya
Zimbabwe has banned the export of raw chrome ore and concentrates to push for local refining. It’s not the first time, and the question is whether this old play will bring...
By Takura Zhangazha
The government of Zimbabwe has decided to privatise its gold refinery, Fidelity Printers and Refineries. In a report carried by newZWire, it turns out the parastatal is now going to be majority (60%)...
Ten companies are to take control of Zimbabwe’s privatised gold refinery for US$49 million, Finance Minister Mthuli Ncube said Thursday.
This will be the first time that the refinery will be in private hands...
Swedish engineering company Sandvik Mining and Rock Solutions has launched a new technology centre in Zimbabwe to take advantage of local miners’ push for automation to manage rising costs.
The centre, based in...
Zimplats has applied for a licence to install close to 200MW of solar power to feed operations at Ngezi and Selous, where it is spending US$290 million in additional investment to grow platinum output.
On Tuesday, Kuvimba Mining House came out to declare: “We have nothing to do with Kuda Tagwirei.” Nobody is buying that, and Kuvimba and the government shouldn’t even be trying to sell us that line.
Kuvimba Mining Company now controls mines previously run by the State-owned Zimbabwe Mining Development Corporation (ZMDC).
The mines, for years deep in debt and mostly idle, were first put up for sale in 2018.
