INVICTUS Energy, the Australian firm prospecting for oil and gas in Muzarabani, may start drilling exploration wells early next year after taking delivery of state-of-the-art equipment to be.
By Lucy Tandi – Friday 23 July 2021
HARARE (Mining Index) – CHINA’S biggest bank, the Industrial and Commercial Bank of China (ICBC) has withdrawn its interest to finance the construction of a US$3.
Zimbabwe’s gold export receipts rose 23% to US$464.2m in the first six months of this year from US$377.9m achieved in the prior comparative period propelled by firming prices on the international markets.
The.
AUSTRALIA Stock Exchange-listed lithium miner, Prospect Resources says it has produced 25 kilogrammes of spodumene concentrate from core samples collected at Arcadia Mine, a world-class asset under development in Zimbabwe.
Spodumene is considered.
The Mines and Minerals Act (Chapter 21:05) (the Act) is the principal Act regulating the mining industry in Zimbabwe.
There are several regulations and other Acts.
As global copper prices continue firming and demand of the commodity likely to surge on massive capital expenditure on the green projects, Zimbabwe has set sights on resuming copper production by.
VICTORIA Falls Stock Exchange (VFEX) listed company, Padenga Holdings Limited, has invested US$50 million in Eureka Gold Mine with the Guruve-based mining project set for opening this month.
Eureka was forced to shut.
THE country’s gold output last month increased by 75 percent to 2,924 tonnes from 1,668 tonnes in May on the back of incentives availed by the Reserve Bank of Zimbabwe (RBZ).
Latest statistics.
PLATINUM producer, Unki Mines, has invested US$48 million towards increasing its concentrator capacity, which is expected to boost output by 30 percent.
General manager, Mr Walter Nemasasi, said the new concentrator was set.
The Zimbabwe Consolidated Diamond Company posted a profit of US$26,35 million on production of 151,3kg of diamonds for the first half of this year, with profits being just over 40 percent of.
