FORMER Zanu PF youth leader Lewis Matutu has been elbowed out of the late business tycoon John Bredenkamp’s gold-rich Thetford Estate in Mazowe, it has been established.
This comes after a fierce fight.
ZIMBABWE risks sinking into a deeper power crisis amid reports that the country’s power utility Zesa is on the brink of collapse due to an unsustainable tariff regime.
Government has insisted on unsustainable.
GROSS revenues at the Victoria Falls Stock Exchange (VFEX)-listed Caledonia Mining Corporation increased by 37% to US$35,1 million in the first quarter of this year, reflecting a major increase in gold production.
Padenga expects to double gold output in 2022, backed by a US$29 million investment to start underground mining at Pickstone Mine and production from the newly reopened Eureka Mine.
Eureka, which returned to.
CANADIAN based gold exploration and development company, Zephyr Minerals Ltd, is planning to acquire 75% stake in Zimbabwe’s Manicaland-based Chikanga Gold Mine in a deal that is pending due diligence in the.
STRUGGLING national power utility Zesa Holdings has extended a plea for help to big miners by constituting a group called the Energy Intensive Users Group (EIUG) to provide off-take guarantees in hard.
THROUGH Tsingshan Investments Zimbabwe, Tsingshan Holding Group, the world’s largest stainless steel and nickel producer has kick-started the development of the country’s new integrated steel operation following the collapse of ZiscoSteel.
In this.
TOP gold miner, RioZim, has seen gold production for 2021 declining by 7% due to delays in completion of a key project strategic to the miner’s productivity.
Presenting the group’s performance for the.
he London Bullion Market Association (LBMA) has reinstated accreditation of a precious metals refinery in Kyrgyzstan, it said on Wednesday, allowing it to sell metal in the London market.
The LBMA had suspended.
Gold miner, Caledonia Mining Corporation, which operates the Blanket mine, in Zimbabwe, has appointed Gordon Wylie independent nonexecutive director, with immediate effect.
He holds a bachelor’s degree with honours in geology from the.
