HWANGE Colliery Company Limited (HCCL) remains under administration and on Zimbabwe Stock Exchange (ZSE) suspension, the concern’s management revealed Monday.
The coal miner was placed on suspension after government which owns 38% of.
AUSTRALIAN energy firm Invictus Energy Limited (Invictus) says it has exceeded its initial AU$5 million (US$3,3 million) target under an AU$10 million (US$6,7 million) capital raising initiative to fund further exploration programmes.
THE Chamber of Mines of Zimbabwe (CoMZ) will hold its annual general meeting (AGM) and conference in Victoria Falls from May 30 to June 2, 2023.
CoMZ chief executive officer Isaac.
PLATINUM output at Unki Mine rose by 17% during the first quarter ended March 31, 2023 to 62 500 ounces due to improved plant stability, financial statements for the review period showed.
The world platinum industry expects a shortage of the metal this year – and that is good news for Zimbabwean producers, who are currently expanding operations.
There will be a platinum deficit of.
AUSTRALIA-HEADQUARTERED Invictus Energy has awarded Polaris Natural Resource Development a contract to provide 2D seismic acquisition services for its phase two exploration campaign in the Cabora Bassa Basin.
Polaris is Canada’s longest standing.
UK miner Vast Resources says it is finalising the recovery of a parcel of 129,400-carats of rough diamonds in Zimbabwe after a 12-year dispute.
The company successfully sued the country’s Mines and Mining.
VAST Resources chief executive officer Andrew Prelea is in the country as the London-based firm finalises the recovery of its historic parcel of 129 400 rough diamonds held in safe custody at.
