Caledonia Mining says its Blanket Mine produced a record 57,899 ounces of gold in 2020, at the top end of the company’s projections for the year.
Gold production was 15,012 ounces in the...
Zimbabwe’s fuel import bill fell by more than 50% in 2020, from US$1.2 billion the previous year. Figures recently released by the Zimbabwe National Statistics Agency (ZImstat), capturing data up to November, show that fuel imports amounted...
Gold deliveries in 2020 fell 31% to reach 19.1 tonnes, the lowest haul in six years and well below the year’s targets, official data shows.
Deliveries fell from 27.7 tonnes in 2020, according to...
By Nelson Banya and Ranga Mberi
A year ago, Kuvimba Mining House did not exist. Now it could be the country's biggest gold producer.
How? The answer shows how transparency is...
By Engineer Mike Clarke
The fastest road contract ever undertaken in Zimbabwe was completed at the end of November 2001.
The contract was worth US$19 million, was for the construction of a...
Netflix has appointed Econet founder Strive Masiyiwa to its board, at a time the world’s biggest streaming service is expanding its investment in African content.
Masiyiwa is the first African — and only the third international media executive — to join Netflix’s...
Powerspeed, the company that owns Electrosales, leaves the Zimbabwe Stock Exchange (ZSE) on Friday after delivering a few home truths to both the bourse and the government.
Shareholders voted at an EGM on Monday to take the company off the...
Caledonia Mining is targeting mining claims at Glen Hume, near Gweru, the first step in expanding its investment portfolio in Zimbabwe.
The company says it has entered into an option agreement for exclusive exploration rights over the claims, which the...
An investment firm run by Las Vegas investor, former casino operator and race car owner Michael Luzich is a step closer to taking over a small gold mine in Penhalonga, putting down a US$200 000 deposit for the US$1...
Great Dyke Investments (GDI), a Russian-backed project planning to build Zimbabwe’s biggest platinum mine, has sold a 4.4% stake to Fossil Mines as Covid-19 disrupted fundraising for the venture.
Fossil, owned by GDI board member Obey Chimuka, will invest US$30...
