Padenga expects to double gold output in 2022, backed by a US$29 million investment to start underground mining at Pickstone Mine and production from the newly reopened Eureka Mine.
Eureka, which returned to production...
Tharisa, the South African company developing a platinum mine in Zimbabwe, plans to sell US$50 million of bonds on the Victoria Falls Stock Exchange to help finance the project.
The miner last month announced...
Trafigura Group and Zimbabwe’s government have discussed a deal that would give the commodities trader control over output from some of the nation’s biggest mines as repayment for debts.
Under the agreement, Trafigura will...
What do you do when your company has claims of close to half a billion US dollars against it? Strip its assets and hide them under another company.
Internal documents obtained...
Zimbabwe may have to import maize and brace for higher US dollar prices due to the combined impact of poor rains and the Ukraine war, the country’s biggest food manufacturer says.
National Foods,...
Everyone wants to operate on normal terms of doing business. At present, Zimbabwe does not have these, judging by Standard Chartered plc's exit, writes Perry Munzwembiri
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The curtains are...
After 130 years in the country, Standard Chartered is leaving Zimbabwe. The group has announced it is exiting a number of operations around the world, including Zimbabwe, to cut costs.
The bank said in a...
Is Zimbabwe a good investment destination for miners or not? It all depends on who you ask.
Each year, Canada's Fraser Institute asks over 2000 mining companies to assess which countries are best to...
A capital shortfall of US$10 billion over the next five years will limit Zimbabwean mines' ability to build on better commodity prices expected this year, the Chamber of Mines says.
Gold and platinum producers...
Red Rock Resources plc, a UK-listed exploration company, has acquired lithium claims in Zimbabwe and is setting up a lithium exploration unit in the country to hunt for more.
The company, quoted on London's...
