Kamativi Tailings Company (KTC) has signed a $9.5-million finance and offtake facility for concentrate produced from the Kamativi tailings lithium project, allowing the company to start construction of a plant at the site in the second quarter. As part...
President Emmerson Mnangagwa has signed two major mining deals during his tour of Russia, but they have been overshadowed by the political crisis back at home. On Wednesday, Great Dyke Investments, a Zimbabwe-Russia joint venture, signed...
Zimbabwe has shipped Africa’s first battery-grade lithium carbonate, as it steps up efforts to produce and find markets for a compound that is in high demand for use in batteries. Prospect Resources, the Australian-listed company developing a lithium mine in...
Lithium Consolidated Limited, an ASX-listed firm with operations in Australia, has acquired two lithium mining projects Zimbabwe. The company is one of several Australian firms exploring lithium and other minerals in the country. Recently, the company bought 100% of the...
The Zimbabwe government will hold 46% of all diamond mining in the country, while local investors will own 5% of any new operations, under a new policy announced on Tuesday.  Government may also waiver its regulations to allow foreign investors...
The production of gold, Zimbabwe’s top export, collapsed 59% percent September and November, mirroring a foreign currency crisis that has hit the country’s major mines and could deter new investment into the industry. With cumulative output just shy of 32...
Six decades ago, explorers from a British firm, Atomic Energy Authority, dug around these red hills for beryl, a mineral used for alloys to make everything from springs to aircraft and missiles.  It was the atomic age and they were convinced...
When his fellow miners winch him up from the hole in the desert, Keith Gushure is covered in mud. Gushure, 21, holds a pick and a hammer. For the past 18 hours he’s been trying to chip, gouge and pry...
By Mukasiri Sibanda Shortly before the Finance Minister Professor Mthuli Ncube delivered his maiden national budget statement in Parliament, Bulawayo city was showered with rains. The Botswana Pula, a strong and stable currency which literally means rain, immediately came...
A year after their confidence soared after the change of leadership, morale among Zimbabwe's mining executives has waned as they fret over deepening foreign currency shortages and a Government that appears not to have a quick solution to the...
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