UK-based miner Ariana Resources Plc has secured a US$5,31 million strategic investment from Hongkong Xinhai Mining Services to fund metallurgical test work and complete a definitive feasibility study for its flagship Dokwe.
British miner Kavango Resources Plc has extended the deadline to complete its acquisition of Zimbabwe’s Nara Gold Project to February 27, 2026, as the company and the seller work to finalise legal.
Finance Minister Mthuli Ncube says he is willing to adjust proposed gold royalty changes after miners warned that doubling the tax could hurt the industry and fuel smuggling.
Ncube’s budget proposed a new.
President Emmerson Mnangagwa yesterday sacked Winston Chitando from his Cabinet post and appointed Polite Kambamura as the new Minister of Mines and Mining Development, chief secretary Martin Rushwaya has said.
The removal was.
The mining sector is urging government and regulators to slash electricity tariffs, warning that soaring power costs and persistent outages are eroding production capacity and undermining profitability.
According to the State of the.
JERSEY-DOMICILED miner, Caledonia Mining Corporation, has warned that Zimbabwe’s proposed 2026 gold royalty reforms will squeeze profitability and cash generation at Blanket Mine while also weakening returns from its Bilboes project, which.
London-listed Caledonia Minerals Corporation’s operating Blanket gold mine, in Zimbabwe, is expecting a lower level of profitability and cash generation relative to current market expectations, if a change in royalty in the.
AUSTRALIAN miner, Prospect Resources Limited, has completed the US$2,2 million sale of its Step Aside Lithium Project, formally ending the company’s operations in Zimbabwe.
Earlier this month, Prospect announced it had entered into.
Aim-listed Caledonia Mining has announced that it will proceed with the development of the Bilboes gold project, in Zimbabwe, following completion and publication of a feasibility study.
The project covers 2 731.6 ha.
Zimbabwean lithium miners have asked the government to defer the imposition of a tax on concentrates until the end of 2026, so they can raise capital to construct processing plants.
The country levies.
