Invictus Energy, which is exploring for oil and gas in Muzarabani, has received firm commitments from investors to raise US$10,48 million (A$8 million), which the firm requires to fund exploration.
The first open pit blast has been successfully detonated at Eureka Gold Mine ahead of production resumption, Dallaglio Investments have said.
Eureka Gold Mine is one of the.
Zvishavane-based platinum miner and Implats subsidiary, Mimosa Mining Company, has handed over state-of-the-art training and research equipment worth US$130 000 to the Midlands State University Faculty of Engineering and Geo-sciences.
PROFIT at Caledonia Mining Corporation rose by 50% to US$46,6 million during the year ended December 31, 2020, the firm said on Tuesday, attributing the growth to robust gold prices.
Caledonia.
Beneath the surface of its latest economic crisis, Zimbabwe has been quietly positioning itself as a future major exporter of chromium to the insatiable Chinese market.
Chinese demand for chromium is.
Five months ago, George Roach, the CEO of Premier Africa Minerals, was sounding the frustration shared by many would-be investors in Zimbabwe. He was casting his eyes elsewhere.
Bureaucracy was stalling the company’s.
Australia Stock Exchange (ASX) listed and Zimbabwe focused oil and gas exploration junior, Invictus Energy, has requested a suspension of trading in its shares ahead of an update this week.
SOUTHERN Africa focussed oil and gas exploration outfit Invictus Energy halted trading on the Australia Stock Exchange (ASX) yesterday, a week after the bourse queried a sudden surge in demand for its.
The list of hardships and suffering linked to Zimbabwe’s diamond mines is growing longer by the day.
Since diamonds were discovered in the Marange fields in 2001, non-governmental organisations have been looking into.
Prospect Resources — developer of the Arcadia lithium project near Harare — has begun discussions with financiers to unlock funding for the staged development of a petalite pilot plant needed to achieve near-term.
