Miners and govt infrastructure are the stars of Delta’s beer sales

Delta Beverages enjoyed higher sales over the festive period as consumer spending remained resilient, but the company fears elections may brew more risks for the economy.

Caledonia’s investment plan pays off as Blanket Mine’s 2022 gold output hits record, beats...

An investment that began eight years ago lifted Caledonia Mining to its highest ever gold output in 2022, and the company expects more growth ahead after three...
Andrew Bell Red Rock Lithium

UK’s Red Rock ‘delights’ in Zimbabwe lithium prospects, plans test production in 2023

Red Rock Resources, the UK exploration company, expects to start test production of lithium in Zimbabwe this year, after acquiring prospects in Bikita and Arcturus last year.

Caledonia completes US$65.7m takeover of Bilboes, deal could make it Zimbabwe’s biggest gold producer

Caledonia Mining has completed the takeover of Bilboes Gold, a transaction that takes it a step closer to becoming the country’s biggest gold producer.

Power, fish and tourism: Zambia and Zim reel as Kariba water levels fall to...

Water levels at Kariba dam plunged to a record low of less than 1%, curtailing power supply to Zambia and Zimbabwe and shuttering the tourism and fishing...

Invictus ‘frustration’ at first well shows the high risk explorers take

Ground conditions have forced Invictus Energy to abandon operations at its first drilling site, a reflection of the brave yet expensive risks that investors take on gas...