Zimasco, one of Zimbabwe’s largest ferrochrome producers, has been placed under corporate rescue after papers filed by controversial businessman Shepherd Tundiya claimed the company owes creditors over US$77 million.
Tundiya says his company Avim...
After years of falling production, strikes and widening losses, RioZim has announced the inevitable – it is selling its mines to a new investor.
The company, once one of Zimbabwe's biggest gold producers, has...
The Zimbabwean government and platinum producers are again at odds over the timeline for local beneficiation, with miners seeking a further delay in a tax on unrefined minerals. They argue that persistent power cuts have delayed their...
Zimplats is set to begin the next phase of its 185MW solar project after the first 35MW phase went live last year.
Zimbabwe’s largest platinum producer is developing the project in four phases, with...
Zimbabwe’s state miner is planning a fresh bid to kick-start a range of projects a year after the government took full control of the company.
Kuvimba Mining House, under new Chief Executive Officer Trevor...
When Caxton Mangezi first set foot at Blanket Mine in 1969, Neil Armstrong was taking giant leaps on the moon, and Colonel Muammar Gaddafi had just seized power in Libya.
Back then, Blanket Mine...
Kuvimba Mining House expects to finalise this month a deal agreed with two Chinese companies as it sticks with its $270 million lithium project on the basis that lithium prices will recover, its CEO says.
Caledonia Mining is investing an additional US$41.8 million into its operations this year, after Blanket Mine met its production targets for 2024.
Blanket Mine produced 76,656 ounces of gold in 2024, within projections, and just above...
Karo Mining now expects to start production at its new US$391 million platinum mine in the second half of 2026, further pushing back construction deadlines due to weak metal prices.
Construction of the mine,...
Zimbabwe’s miners overcame rising costs and policy concerns to deliver a record 36.48 tonnes of gold in 2024, 21% more than in 2023, beating the industry target of 35 tonnes.
The 2024 gold haul...
