THE Zimbabwe Investment and Development Agency (Zida) approved 126 new investment projects last year with a combined value of US$557,8 million.
Zida acting chief executive Duduzile Shinya said since her organisation was formed,.
Zimbabwe’s mining industry sees a funding shortfall of $10 billion (~R145 billion) over the next five years, a challenge compounded by erratic power supplies and exchange-rate volatility.
While Zimbabwe has the world’s third-biggest.
Tharisa, the South African miner run by the Pouroulis family, plans to start producing platinum in Zimbabwe within 24 months after acquiring a controlling interest in the Karo mine.
While Zimbabwe has the.
THE Auditor-General’s (AG) office has red-flagged the ministry of Mines and Mining Development’s financial accounts citing a possible understatement of an amount disclosed as public financial assets.
According to the AG’s 2020 report,.
Zimbabwe’s mining industry is engaging the government over the volatile operating environment which has pushed most of the resources firms to the brink.
The multibillion dollar industry, projected to grow by 8% this.
Diamond production is expected to rise 19% this year to 5m carats from 4,2m achieved last year due to the opening up of the world economies following the slowing down of the.
Diversified miner Glencore has published its inaugural Ethics and Compliance Report, with key findings including the group’s 5% reduction in total emissions in 2021 and payments to governments totalling $7.6-billion.
The report states.
ZICOSTEEL board chair Martin Manuhwa says Kuvimba Mining House’s undertaking to revive Ziscosteel is the best deal the former steel-making company has had.
Kuvimba, linked to tycoon Kuda Tagwirei, is set to inject.
RioZim, which had been banking on Chinese financing to build a major coal-fired power plant, says it is now looking for alternative backers as China pulls back on funding such projects overseas.
The.
A capital shortfall of US$10 billion over the next five years will limit Zimbabwean mines’ ability to build on better commodity prices expected this year, the Chamber of Mines says.
Gold and platinum.
