Asa Resources has concluded the sale of its controlling interest in Bindura Nickel Corporation (BNC), the country’s largest nickel producer said in a statement Tuesday.
BNC said the buyer of Asa’s controlling 74.13%...
Construction work on the US$500million Darwendale platinum project will start in the second quarter of 2020, First Deputy CEO of Vi Holdings, Alexander Ivanov, said Thursday on the sidelines of the Russia-Africa forum.
Vast Resources says it has signed a binding conditional bond
issue deed for a facility of up to US$15 million, via the issuance of
secured convertible bonds to UK based fund Atlas Capital Markets, funds that
will be partly used to...
President Emmerson Mnangagwa is among at least 43 African leaders who have flown to Russia, hoping to take a bite out of that country’s growing commercial interest on the continent.
But he goes...
Tharisa says Karo, its subsidiary developing a platinum mine in Zimbabwe, has had a portion of its Selous grant declared a special economic zone, allowing tax breaks that make the project more viable.
Ex-Implats CE Brown to lead board Mines construction expected after Q1 2020
Commodities baron Kuda Tagwirei’s Landela Mining Ventures has emerged as the new joint venture partner in the Russian-led Darwendale...
The battle over a US$400 million deal to recapitalise the National Railways of Zimbabwe (NRZ) could be headed to the courts, further delaying plans to fix the country's collapsed rail network.
After government...
Caledonia Mining has maintained its full-year gold production
forecasts for Blanket Mine despite its third quarter output falling short of
targets.
The company, listed on the NYSE and AIM in London, says gold production in the quarter...
Caledonia Mining Corporation Plc says it has commissioned a new US$1.6 million oxygen plant at the Blanket Mine that will improve recoveries and cut the amount of cyanide used by the mine.
Based...
FBC Bank managing director Webster Rusere says the bank still allows forex cash withdrawals for depositors holding ‘free funds’, allaying fears raised by a leaked internal circular which appeared to change rules on the operation of foreign...
