Canadian mining group the Caledonia Mining Corporation has entered into a memorandum of understanding meant to help it regain control of its Zimbabwe-based subsidiary Blanket Mine. It had to cede shareholder control of the mine in 2012 when it complied...
Sentiment on Zimbabwe is improving with potential investors looking for business opportunities while monitoring political developments closely. But some miners are already moving in on SA’s northern neighbour with zeal. Zimbabwe was starved of foreign direct investment under former president...
Vast Resources has concluded an agreement that will give it access to the Marange diamond fields in Chiadzwa, the London-listed company has said. Vast will partner with Red Mercury a company owned by the Marange-Zimunya Community Share Ownership Trust Community...
By Fitch Solutions Key View: The election of Emmerson Mnangagwa as President of Zimbabwe presents growing upside risks to growth in the country's mining industry over the coming years. However, we are holding off on revising the country's production forecasts...
VAST Resources, the AIM-listed diversified miner, has reported a record quarterly output at its Pickstone-Peerless gold mine and said work to begin production at new investment Eureka Mine was “progressing encouragingly”. Pickstone-Peerless, near Chegutu, delivered a 56 percent increase in...
WITHIN hours of Emmerson Mnangagwa being inaugurated, Harry Greaves, executive director of Prospect Resources, got a call from the Ministry of Mines. The Government wanted to know how Arcadia Mine, a lithium project that had up to that point been...
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