Finance

Premier African Minerals Limited has raised about £1 million (US$1,34 million) through a subscription of new ordinary shares, while reporting steady progress at its Zulu Lithium and Tantalum Project. The funds were raised at an issue price of 0,0136 pence per share, with 7,35 billion new ordinary shares to be issued, subject to admission. The […]

JERSEY miner, Caledonia Mining Corporation (Caledonia) has confirmed to its shareholders that no amendments are required to the Bilboes Gold Project Technical Report Summary, following the promulgation of Finance Act 2025 with a revised royalty regime. In the 2026 National Budget, a new three-tiered gold royalty regime was proposed, whereby a US$0–US$1 200 price per […]

ZIMPLATS Holdings Limited spent about US$35 million on its major projects in the quarter ended December 31 2024, as the platinum group metal miner moves to scale up production. During the quarter under review, the miner cumulatively spent US$339 million in capital expenditure (capex) on its Mupani Mine, smelter expansion and SO2 abatement plant project […]

THE Victoria Falls Stock Exchange (VFEX) offers compelling advantages for investors seeking new opportunities in Southern Africa. It opens doors for investors to tap into Southern Africa’s abundant natural resources and rapidly growing economies as well as a unique opportunity for portfolio diversification by facilitating investments in emerging markets. VFEX launched in 2020 is a […]

UK-based mining and exploration company, Premier African Minerals intends to deploy the just mobilized £1, 2 million to resuscitate operations at its local mine. The miner recently mobilised the funds after placing 4, 34 billion new shares which will go a long way to kick start operations at Zulu lithium project. The company also makes […]

Zimbabwe has passed a resolution to adopt the bullion-backed ZiG currency as the country’s sole legal tender and phase out the use of US dollars. The government is ordered to “expedite efforts to dedollarize the economy and promote the use of the ZiG as the country’s sole currency,” according to the resolution agreed at the […]