China’s Sinomine Resource Group on Friday launched a US$200 million project to build a plant and expand existing mining operations at its recently acquired Bikita lithium mine in Zimbabwe.
Zimbabwe holds some of the...
Back in November 2018, as prices raged, Obert Mpofu called a press conference.
ZANU PF was angry with “unscrupulous businessmen”, the ruling party’s secretary for administration told reporters.
But Mpofu was...
Premier African Minerals says it may move its Zimbabwe lithium assets into early production to take advantage of rising demand for the metal.
The London-listed company holds the Zulu lithium claims at Fort Rixon,...
Fossil Mining, which has won the bid to buy Lafarge Zimbabwe, says it plans to keep the company on the stock exchange and recapitalise it when it completes the takeover of the country's number two cement maker.
Zimbabwe’s plan to refurbish two idled coal-fired power stations has been thrown into disarray by China’s decision to ban investment in plants burning the dirtiest fossil fuel outside its borders.
Zimbabwe was depending on...
Holcim is selling its Zimbabwe unit Lafarge to Fossil Mines, as part of its global asset sale.
Fossil Mining is run by Obey Chimuka, a long-time associate of businessman Kuda Tagwirei, and is part...
Russia’s Vi Holdings says it has exited from Great Dyke Investments (GDI), leaving the futute of what is supposed to be Zimbabwe’s biggest platinum project at risk.
Vi Holdings is ceding its 47.8% stake...
Christmas in 2018 was the worst of times for Delta, the country’s biggest beverage company.
A shortage of foreign currency forced the company to shut down its soft drinks plant, losing money during...
Delta Corporation expects consumer demand to remain firm this year, and is launching an “ambitious recapitalisation” to expand its business, but the company is worried about rising inflation, inconsistent government policy and global cereal costs.
A series of investments into Zimbabwean lithium by foreign companies, led by mostly Chinese energy companies and UK explorers, has raised debate on value addition in the sector.
Huayou Cobalt bought Arcadia mine from...
