GOLD deliveries to Fidelity Printers and Refineries (FPR) have suffered a significant decline, according to latest official data.
FPR statistics shows that deliveries of the precious metal declined by 22% in February to.
Australia’s Invictus Energy is hopeful it will “within weeks” conclude a production sharing agreement (PSA) with the Zimbabwe government to develop its Cabora Bassa project following years of delays.
The PSA is an.
AFTER years of subdued production, local cement manufacturers are now exceeding local demand, Cabinet has revealed.
Some 2.6 million tonnes of cement are now being locally produced against a demand of 1.6 million.
PROSPECT Lithium Zimbabwe (PLZ) has refurbished the Chinyika 3 Dam spillway in Goromonzi district, Mashonaland East province to address water shortages in the area.
The raised spillway is expected to harvest an additional.
Mimosa Mine is retrenching 33 managers and abandoning a key expansion project, in the latest damaging response by platinum producers to falling global metal prices.
The company says platinum prices fell by 35%.
HORTICULTURE farmers in Goromonzi have accused the Platinum Lithium Zimbabwe (PLZ) mine of negatively affecting their socio-economic life, while others have welcomed the miner’s activities in the area.
Speaking during a public meeting.
AUSTRALIAN energy firm Invictus Energy Limited says a fluid sample analysis has confirmed high quality natural gas at the Mukuyu gas field containing minimal impurities which will require minimal processing before sale.
Increased operating costs for 2023 and several significant one-off, non-operating costs in the final quarter resulted in reduced profit for the full year, Victoria Falls Stock Exchange-listed Caledonia Mining Corporation has said.
The.
THE World Bank Group (WB) says Zimbabwe needs to modernise its mining laws and introduce a competitive licensing regime offering improved security of tenure and sanctity of contract.
The current legislative framework for.
A sample analysis of fluid from the Mukuyu-2 rig in Muzarabani, Mashonaland Central has confirmed gas, light oil, condensate and helium presence, Mines and Mining Development Minister Soda Zhemu has.
