JERSEY-DOMICILED miner, Caledonia Mining Corporation, has warned that Zimbabwe’s proposed 2026 gold royalty reforms will squeeze profitability and cash generation at Blanket Mine while also weakening returns from its Bilboes project, which.
London-listed Caledonia Minerals Corporation’s operating Blanket gold mine, in Zimbabwe, is expecting a lower level of profitability and cash generation relative to current market expectations, if a change in royalty in the.
AUSTRALIAN miner, Prospect Resources Limited, has completed the US$2,2 million sale of its Step Aside Lithium Project, formally ending the company’s operations in Zimbabwe.
Earlier this month, Prospect announced it had entered into.
Aim-listed Caledonia Mining has announced that it will proceed with the development of the Bilboes gold project, in Zimbabwe, following completion and publication of a feasibility study.
The project covers 2 731.6 ha.
Zimbabwean lithium miners have asked the government to defer the imposition of a tax on concentrates until the end of 2026, so they can raise capital to construct processing plants.
The country levies.
THE Zimbabwe Diamond and Allied Minerals Workers’ Union (ZDAMWU) has lost connection with its narrow membership and is pursuing a selfish agenda with the incessant push for Corporate Rescue Program for the.
SOLIDARITY Mine Workers Union of Zimbabwe (Somwuz) says RioZim Limited’s broader recovery and internal restructuring plan has begun bearing fruit as the giant mining firm has made notable progress in clearing current.
RIOZIM Limited workers say they are against the company being placed under corporate rescue as the successful reopening of Renco Mine following a landmark capital-raising exercise provided the much-needed funding to revive.
The strong gold price, which increased by 40% to average $3 434/oz, combined with higher production, resulted in a 52% increase in revenue and a significant uplift in free cash flow for.
AUSTRALIAN energy firm, Invictus Energy Limited (Invictus) has revealed a powerful local consortium—comprising the Mutapa Investment Fund, the National Social Security Authority and other leading institutional investors — to support its Cabora.
