Caledonia Mining says it has enough stock and cash to outlast lengthy lockdowns in Zimbabwe and South Africa, and its Blanket Mine will apply to continue operations. Zimbabwe and South Africa have declared...
Zimbabwe could suffer a 60% fall in mineral output in the second quarter and lose over US$400 million in mining revenue due to the impact of the coronavirus, the Chamber of Mines says. Production,...
KWEKWE - Portnex has shut down its Zimasco ferrochrome plant in Kwekwe after prices of the alloy fell to four-year lows on weak demand caused by the coronavirus outbreak. The closure places at risk hundreds...
Minister of Health and Child Care, Obadiah Moyo, held a press conference late Monday afternoon to update the country on COVID-19, hours after neighbouring South Africa confirmed its 62nd case. Here are the...
In this report, newZWire details the main factors and companies to watch in Zimbabwean mining in 2020. Click on the link below to access a pdf of the report. newZWire_mining_2020 (2)Download
Mining was expected to be the bedrock on which Zimbabwe built its recovery. The early months of President Emmerson Mnangagwa’s leadership saw strong international interest in Zimbabwe’s largely untapped resources. A mining investment conference...
Shamva and Mazowe Mines have been put into corporate rescue after an application by unions for a reconstruction order on the two mines, owned by Metallon, once the country’s biggest gold producer.   The Associated...
By Leon Louw When it comes to Zimbabwe, investors either remain on the side-lines or they take flight. Two years ago, when Mnangagwa took over from Robert Mugabe, Zimbabwe was the talk of the town, especially...
Econet Global is weighing a bid for a mobile phone licence in Ethiopia, which is opening up to foreign investment in telecoms for the first time. Ethiopia is expected to invite bids from foreign telecoms firms...
Caledonia Mining Corporation says earnings for 2019 will be "substantially higher" than forecast on firmer gold prices, higher than expected output and costs that were lower than projected. The Toronto-listed company runs the...
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