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ZIMBABWE’S only oil and gas operator, Invictus Energy Limited incurred a net loss of US$1,3 million for the year ended June 30, 2021, down 29% compared to the same period last year.

For.

POST-TAX losses at RioZim Limited widened to $1,5 billion during the half year ended June 30, 2021, after heavy rains triggered flash floods and crippled operations at the firm’s flagship Cam &.

RESOURCES firm, Caledonia Mining Corporation (Caledonia) has declared an increased quarterly dividend of US$0,14 per share despite the depressed economic environment.

The company’s chief executive officer Steve Curtis yesterday said the dividend represented.

Nickel consumption is expected to more than double from the 2.4-million tonnes used in 2020 to 4.9-million tonnes by 2040, analyst Wood Mackenzie (WoodMac) said.

Speaking at the Australian Nickel Conference on Tuesday,.

RESOURCES firm, Caledonia Mining Corporation (Caledonia) has declared an increased quarterly dividend of US$0,14 per share despite the depressed economic environment.

Caledonia chief executive officer Steve Curtis said on Monday the dividend represented.

MINE workers’ unions have complained about the recent 24% wage increase awarded to the sector saying it is insignificant and has been eroded by
inflation.

The increase, effective from July 1, 2021, came after.

AUSTRALIAN Securities Exchange (ASX) — listed independent upstream gas and oil focused company Invictus Energy (Invictus) has breathed life into the sleepy rural settlement of Muzarabani after commencement of works at its.

FINANCIAL services outfit, Old Mutual Investment Group (OMIG) says government’s target to ramp up gold output to 100 tonnes per annum will be achievable, although serious efforts towards stemming rampant smuggling would.

BLACKGATE investments, a firm that last week lost the disputed Ran Gold Mines near Bindura, has mounted fresh attempts to reclaim the asset, submitting explosive dossiers to anti-corruption agencies alleging ‘mass corruption,.

ZIMBABWE’S chrome producers said this week a pricing committee established by the Minerals Marketing Corporation of Zimbabwe (MMCZ) should take a proactive role in addressing serious distortions that have pushed small scale.