Sinomine Resource Group is spending US$180 million to buy a controlling stake in Bikita Minerals, Zimbabwe’s oldest lithium producer, joining the race among big international firms to secure supplies of in-demand battery.
THE Zimbabwe Republic Police last Friday quizzed high flying human resources executive and top businessman, Jack Murehwa over a “fraud and forgery” case involving the takeover of Bindura-based Ran Gold Mine, businessDigest.
MUTARE Mayor Blessing Tandi colluded with a Chinese company, Freestone Mines, and three local civic groups earlier this week to hold choreographed consultative meetings seeking to validate the establishment of a highly.
BINDURA Nickel Corporation (BNC) says it expects its migration to the Victoria Falls Stock Exchange (VFEX) to begin benefiting the firm in the long term.
Under a strategy spelt out by chairperson, Muchadeyi.
ZANU PF secretary for finance and former long-serving cabinet minister Patrick Chinamasa says the ruling party will take over operations at the highly contested, gold-rich Redwing Mine in Penhalonga claiming it is.
CHINESE company, Freestones Mines yesterday started engagements with Mutare residents, who have been resisting its quarry mining project in the eastern border town.
Residents were opposed to the project after it emerged that.
SOUTH African President Cyril Ramaphosa has been dragged into the on-going fight between government and the Friends of SMM Holdings (Pvt) Ltd (FOSMM) over the hostile takeover of the asbestos mine in.
BLACKGATE Investment, the firm that is battling to win back gold claims controversially taken over by rivals, G&P Industries and Ran Mines in 2013, has pressed criminal charges against G&P directors, claiming.
SOUTH African businessman, Cleopas Sanangura has petitioned courts seeking reprieve over adverse rulings made against Shabanie Mashaba Mines in the South African legal jurisdiction.
The adverse rulings against Shabanie Mashaba Mines were on.
ZIMBABWE must institute a raft of measures that include decriminalising gold possession, easing licensing and securing modern technology to boost output, gold sector experts have said.
Last year, gold output was 29,6 tonnes.
