312 views

Invictus completes rig mobilisation at Mukuyu 2

AUSTRALIAN energy firm Invictus Energy Limited (Invictus) has finished its rig mobilisation and assembly to begin drilling for potential oil and gas at its second Mukuyu-2 wellsite.

In December 2022, Invictus ceased drilling.

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276 views

Crisis as metal prices tumble

THE price of metals, like nickel and aluminium, have plunged drastically from recent record highs, sending shock waves into the country’s mining industry.

Experts said this week the outlook was uncertain.

Against a backdrop.

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126 views

Zimplats revenue down 23%

PLATINUM miner Zimplats Holdings Limited has reported a 23% decrease in revenue to US$962,3 million in the year ended June 30, 2023, owing to softer metal prices during the period.

In the comparative.

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617 views

Ex-chrome mining areas feel the heat

FOR many years, multi-national companies flooded Zimbabwe’s Great Dyke mineral belt, attracted by vast deposits of many minerals.

Many of the companies established mines and mining communities along the Great Dyke, with hills,.

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315 views

Mimosa’s 6E volumes decline

MIMOSA Mining Company (Mimosa) says six elements (6E) in concentrate volumes declined by 1% to 245 000 ounces during the financial year ended June 30, 2023 (FY23) due to severe load-shedding, among.

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323 views

Premier seeks to raise US$5m for Zulu project

RESOURCE outfit Premier African Minerals (Premier) seeks to raise £4 million (US$5,03 million) before expenses, through placement and direct subscription for the ongoing Zulu lithium and tantalum project pilot optimisation.

According to a.

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200 views

Lithium discovery excites UK miner

UNITED KINGDOM-BASED Galileo Resources says the lithium discovery at Kamativi has given it much “encouragement and provided the impetus” to increase drilling.

The firm has interests in Zimbabwe’s Bulawayo Gold Projects and Kamativi.

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