Australia-listed Invictus Energy Limited on Monday, 08 May confirmed the presence of light oil, gas condensate and helium at its Cabora Bassa project in Muzarabani, Zimbabwe.
Invictus Managing Director Scott Macmillan said that.
MINING concern Caledonia Mining Corporation non-executive chairperson and director Leigh Wilson has retired from the board, with his successor expected to be named today.
In his resignation statement last Friday, Wilson said it.
COAL miner Hwange Colliery Company (HCCL) lost $8,6 billion for the year ended December 31, 2022 due to exchange rate volatilities which affected the business’ historical obligations.
According to the corporation, which is.
AUSTRALIAN firm, Invictus Energy has confirmed the presence of “light oil, gas-condensate and helium” from its drilling samples at its Mukuyu-1 rig site in Muzarabani.
Analysts, however, were quick to demand accountability and.
RIOZIM Limited’s gold production dropped 17% to 929 kilogrammes in the financial year 2022 compared to the previous year due to the Dalny Mine being put on care and maintenance.
In a statement.
LISTED mining group RioZim has commended authorities for the upward review of US$ retention thresholds for the mining sector amid calls for improved power supplies to enable industry to maximise production potential.
In.
Invictus Energy, the company exploring for gas in Zimbabwe, says mud gas analysis confirms the presence of gas deposits, providing encouragement for the company ahead of the drilling of a second exploration.
The serenity of Zimbabwe’s world-famous Mana Pools could be disturbed by mining rigs if government okays an application by a little-known company to prospect for oil and gas in the area.
According to.
ZIMBABWE should refrain from awarding all of its mining rights to investors from one country, a resource campaign organisation has warned.
The Zimbabwe Environmental Law Association (Zela) said this week the most viable.
Gold miner Caledonia Mining started the direct sale of gold produced from its Blanket mine, in Zimbabwe, to a refiner outside of the country.
Since listing on the Victoria Falls Stock Exchange and.
