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Vast Resources optimistic on Chiadzwa diamonds JV

By Business Reporter – Wednesday 12 January 2022

HARARE (Mining Index) – TWO years after signing a joint venture with Chiadzwa Mining Resources (Pvt) Limited (CMR), Vast Resources remains optimistic of concluding the diamond deal.

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Invictus in US$1,4m capital raising scheme

AUSTRALIAN energy firm Invictus Energy Limited (IEL) has issued a prospectus announcing another capital raising initiative for AUD2 000 000 (US$1 437 383,85) through a security purchase plan (SPP) offer.

This came hardly.

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Govt avails US$13m for Dorowa Minerals refurb

GOVERNMENT says US$13 million from the $2,3 billion allocated to Industrial Development Corporation of Zimbabwe (IDCZ) will be released in the first quarter of this year towards the refurbishment of Dorowa Minerals.

Industry.

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Machete gang kills one, leaves four in agony

A MACHETE-WIELDING gang from the Midlands province has been accused of attacking five people, and killing one on the spot at Shamva Mine.

Mashonaland Central police spokesperson Inspector Milton Mundembe yesterday confirmed the.

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Chinese firm bails out Zesa

CHINESE steel giant, Tsingshan Limited will soon release US$60 million to Zesa Holdings for the construction of a power transmission line from Kwekwe to Mvuma.

This comes after the Chinese company had made.

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LSE-listed miner ups Zim footprint

LONDON Stock Exchange-listed Contango Holdings has expanded its portfolio through acquisition of two gold mining ventures while also developing its Matabeleland North-based Lubu coking coal project in Zimbabwe.

The diversified resources firm has.

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