Confidence among mining executives in Zimbabwe has dipped further this year, hit by worries over power cuts, the foreign currency crisis and an uncertain policy outlook, a new industry survey shows.
The Mining...
RioZim says gold output for the half year to June fell 8%,
as the company lost production time to power cuts and felt the impact of rising
costs.
Local procurement costs have risen as market...
Prospect Resources, the ASX-listed firm developing Arcadia lithium mine at Goromonzi, says its ultra-low iron petalite product has progressed through the initial qualification process with two of the world’s largest glass-ceramic manufacturers, both based in Europe.
By Mukasiri Sibanda
Anchored on public pre budget consultations, the process to formulate the 2020 National Budget Statement is underway. Public participation during budget formulation is fundamental. Citizens and civil society must grab...
As power supply becomes more erratic, Zimbabwe's miners, among the country's largest consumers of electricity, are deepening their investments in solar energy.
Caledonia Mining is inviting bidders to build a 20MW solar farm...
Asa Resources has concluded the sale of its controlling interest in Bindura Nickel Corporation (BNC), the country’s largest nickel producer said in a statement Tuesday.
BNC said the buyer of Asa’s controlling 74.13%...
Construction work on the US$500million Darwendale platinum project will start in the second quarter of 2020, First Deputy CEO of Vi Holdings, Alexander Ivanov, said Thursday on the sidelines of the Russia-Africa forum.
Vast Resources says it has signed a binding conditional bond
issue deed for a facility of up to US$15 million, via the issuance of
secured convertible bonds to UK based fund Atlas Capital Markets, funds that
will be partly used to...
President Emmerson Mnangagwa is among at least 43 African leaders who have flown to Russia, hoping to take a bite out of that country’s growing commercial interest on the continent.
But he goes...
Tharisa says Karo, its subsidiary developing a platinum mine in Zimbabwe, has had a portion of its Selous grant declared a special economic zone, allowing tax breaks that make the project more viable.
