Zambia’s proposed minerals regulation law could deter investment and deliver a “fatal blow” to its goal of raising annual copper output to 3 million metric tonnes, two mining bodies say.
Zambia, Africa’s second biggest...
Impala Platinum, the parent company of Zimplats, says it will report a basic loss of up to US$972.39 million after suffering US$1 billion of impairments due to the decline in the value of its assets on the...
Hit by low prices and rising costs, Zimbabwe’s lithium miners are asking the government to further delay its plans to compel them to refine lithium carbonates locally.
Miners in Zimbabwe have invested over US$1...
Kuvimba Mining House says it has signed an agreement with a Chinese consortium to build a US$310 million lithium plant at Sandawana Mine, but the company is yet to name the new investors.
Zimbabwe sold more minerals in the first half of the year through the state marketing agency, but earned less for the exports, reflecting the impact of lower metal prices on world markets.
The Minerals...
Cluff Africa has signed a non-binding agreement with Zimbabwe’s sovereign wealth fund Mutapa to develop a lithium mine in the southern African country.
Cluff will be assigned a 45% share of licenses at Sandawana,...
British resources company Contango has agreed to sell a 51% interest in the Muchesu coal project to Wencai Huo, a Zimbabwe-based Chinese investor with vast interests in mining.
Contango, listed in London, started building...
Zimbabwe’s ferrochrome miners, the nation’s biggest electricity consumers, have agreed to build their own power plants over the next two years as the government seeks to balance energy demand.
Under the agreement, ferrochrome producers...
The National Railways of Zimbabwe needs US$431 million for a rail link to the new Manhize steel plant, which has just started production.
The plant, built by Tsingshan’s Dinson Iron and Steel Company near...
Government wants Zimbabwe's ferrochrome producers, the heaviest consumers of energy, to produce their own power within the next two years and relieve pressure on the grid.
Energy Minister Edgar Moyo says power demand from...
