UK’s Contango Holdings, which is developing the Lubu coal project in Hwange, is raising US$8.6 million via a share placement on the London Stock Exchange to speed up mine development, eager to.
THE Chamber of Mines of Zimbabwe (CoMZ) this week said a 24% hike in power tariffs was unsustainable.
In an interview, CoMZ president, Colin Chibafa said high power costs curtail the industry’s viability.
The.
A fight between Canadian and Chinese investors to control a lithium project in Zimbabwe, potentially holding lithium worth US$1.4 billion, shows the need for clearer mine claims regulation in a tightening race.
AUSTRALIAN energy firm Invictus Energy Limited (IEL) says it has found some potential hydrocarbons — the principal constituents of petroleum and natural gas — several hundred metres into drilling its Mukuyu-1 well.
Invictus.
A SOUTH AFRICAN man with three names, Peter Coetzee, Van Tinder Vikus, and Johannes Jacobus Cornelius Naude yesterday appeared at the Harare Magistrates Court facing charges of duping local gold dealers of.
Industry and Commerce minister Sekai Nzenza has broken silence on reports that she branded the current ZiscoSteel board as a failure in its quest to secure investment for the parastatal for the.
Tharisa is in talks with French energy company Total Eren for a 300MW solar plant for Karo Platinum, a new mine being developed near Selous.
Land has been allocated for the solar farm.
A DELEGATION from the Chinese steel manufacturing giant, Delong Steel, was in the country this week scouting for investment opportunities with the possibility of the company entering into a partnership with one.
The formal gold mining sector in Zimbabwe is really dominated by one mining player – Caledonia Mining Corporation. But this is set to change. A company previously focused on oil and.
Zimbabwe will not rush to use mineral reserves under a new policy that compels miners to pay half of their royalties in commodities to settle its foreign debt of US$13.2 billion.
“We want.
