Prospect Resources has signed an MoU with African
Continental Minerals (ACM) for the supply of power to the Arcadia lithium
project, and is exploring imports from the region to fire up the mine it is
developing near Goromonzi.
Caledonia Mining has downgraded its guidance on annual production at Blanket Mine to account for lower-than-expected grade and unreliable power supply. Production guidance for 2019 has been cut to between 50,000 and 53,000 ounces, down from...
As the gold price touched all-time highs late August 2011, Zimbabwe’s government was not, as would be expected, doing all it could to ensure the country capitalised on the boom. Instead, the government was moving to cancel...
Zimbabwe's crocodile skin producer Padenga will diversify from the luxury goods market with the acquisition of gold assets through a 50.1% shareholding in Dallaglio Investments.
Dallaglio’s assets include Pickstone Peerless in Chegutu, whose current...
Caledonia Mining Corporation says it has completed its shaft
sinking at the new central shaft at Blanket Mine, part of the London and New
York-listed firm’s plan to ramp up gold production.
The project has...
Anglo American Platinum (Amplats) says better efficiencies and higher recoveries in the first half of the year resulted in record platinum output at Unki Mine in Zimbabwe.
In its latest production report for...
Russia’s Alrosa, the world’s largest diamond company by volume, has signed an MoU with state-owned Zimbabwe Consolidated Diamond Company (ZCDC) for exploration and development of diamond deposits in the country.
Under the agreement,...
MUMBAI, India - Zimbabwean diamonds could be classified as “conflict diamonds” and barred from world markets, if rights groups meeting here have their way.
At the Kimberley Process (KP) reform meetings currently
underway in...
Vast Resources, the UK-listed mining firm, is to partner with State-owned Zimbabwe Consolidated Diamond Company (ZCDC) to develop the Heritage diamond concession at Chiadzwa.
A statement by the company on Monday said Vast...
Armed with a positive feasibility study, an offtake deal and national project status, lithium developer Prospect Resources has now entered one of the toughest phases for any company investing in Zimbabwe – raising money on the capital...
