Huayou Cobalt, the Shanghai-listed metals company which bought Arcadia lithium mine last year, expects to complete the construction of a processing plant by year-end and deliver its first output in the first quarter of 2023.
By Alastair Ford
Zimbabwe has been a complicated place to do business over the past few decades.
No doubt about that.
But if there’s one company that’s...
By Memory Mataranyika and Tawanda Karombo
South African companies operating in Zimbabwe are increasingly under pressure as the operating environment deteriorates and new regulations eat into their income.
Dallas Langman, Africa...
Zimplats spent US$270 million on capital projects in the year to June, up from US$159 million in the previous year, as the company expanded operations and replaced depleted mines.
Last year, Zimplats announced US$1.8...
AIM-traded Galileo Resources plc, which in early August identified multiple gold targets on a permit it is exploring in Zimbabwe, says the same acreage has potential nickel mineralisation too.
The company says the recent...
Zimbabwe says it is in talks with the Dubai unit of SkyPower, a renewable energy projects developer, to build 500MW of solar plants in the country.
The proposed solar parks would be built in...
Kuvimba Mining House, the country’s biggest gold producer by output, plans to increase output at Shamva Mine fivefold by next year.
The government holds a 65% stake in Kuvimba, which bought Shamva from Metallon...
Gold miners say they can only invest the US$1 billion required for development over the next five years if they can retain a greater share of their foreign exchange earnings.
As the Zimbabwe dollar tanked and inflation soared, government responded in the only way it knows how: wagging fingers and spinning dark conspiracies.
But, all along, the government knew the source of the inflation;...
By Ray Ndlovu
Zimbabwe plans to set up an exchange-traded fund that will give investors exposure to shares in insurer Old Mutual and cement maker PPC on the Victoria Falls Stock Exchange (VFEX).
