57 views
FEATURED
Mining Index Zimbabwe
- May 2, 2025
57 views 3 mins

AMERICAN special purpose acquisition company (SPAC), Hennessy Capital Investment Corp. VI (HCVI) has set May 5 as the date to consider merging with Namib Minerals. HCVI had originally postponed an April meeting that was meant to consider the merger. The delay was owing to Namib and HCVI violating a Nasdaq listing rule requiring an SPAC […]

85 views
FEATURED
Mining Index Zimbabwe
- April 22, 2025
85 views 2 mins

Zimbabwe’s latest mineral sales report paints a mixed picture—volumes are up, but lower commodity prices have weighed heavily on earnings. But there’s a bright spot: steel has returned to the country’s export list for the first time in many years. Mineral exports—excluding gold—grew by 16% in volume during the first quarter of 2025, but earnings […]

146 views
FEATURED
Mining Index Zimbabwe
- January 22, 2025
146 views 3 mins

THE Zimbabwean Embassy in South Africa has reportedly dispatched a team of forensic experts and other professionals to collaborate with the host government to verify the nationality of victims of the Stilfontein mine disaster. This follows the death of 87 artisanal miners at Buffelsfontein Mine in Stilfontein, North West Province, while some others were rescued […]

96 views
FEATURED
Mining Index Zimbabwe
- January 21, 2025
96 views 2 mins

THE Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) is setting up regional structures in six key regions as it seeks to better serve its constituency. The structures are expected to be completed by the end of this quarter, an official said. As Zimbabwe’s mining industry undergoes significant transformation fuelled by foreign investment and local […]

205 views
FEATURED
Mining Index Zimbabwe
- November 10, 2024
205 views 3 mins

Prospect Resources is putting two lithium prospects in Zimbabwe and another in Namibia on the shelf to focus on its new copper project in Zambia. The company, listed on the Australian Stock Exchange, hit the jackpot two years ago when it spent US$25.7 million on exploration at the Arcadia lithium mine in Goromonzi, before selling […]

242 views
FEATURED
Mining Index Zimbabwe
- October 22, 2024
242 views 5 mins

RESOURCES group RioZim Limited’s liquidity shrank by nearly 8% in its half-year performance for the period ended June 30, 2024 amid a widening loss on a drop in gold production. During the period under review, RioZim had ZiG0,20 for every ZiG of short-term debt, a drop from ZiG0,218 recorded in the comparable period last year. […]

174 views
FEATURED
Mining Index Zimbabwe
- October 22, 2024
174 views 2 mins

Zambia plans to develop dozens of mining licenses together with investors to boost copper output in Africa’s second-biggest producer. The nation has an ambitious plan to more than quadruple production by early next decade. The increase would require companies to spend billions of dollars to transform early stage projects into operating mines. More than 40 […]

119 views
FEATURED
Mining Index Zimbabwe
- October 22, 2024
119 views 3 mins

TRAINING and Advisory Services (TAS) managing director Webster Sigauke has said data collection for environmental, social and governance (ESG) reporting remains a challenge as most companies cannot track their sustainability efforts. At the beginning of the year, the Zimbabwe Stock Exchange mandated that all listed entities on the bourse and the Victoria Falls Stock Exchange […]

119 views
FEATURED
Mining Index Zimbabwe
- October 22, 2024
119 views 8 mins

THE Sheriff of Zimbabwe has been ordered by the High Court to attach all properties owned by the Al Jazeera Media Network in Zimbabwe as security costs after one of its sources in the investigative documentary Gold Mafia filed an application suing them for US$2 million. Mehluli Dube, the applicant, had approached the court claiming […]

267 views
FEATURED
Mining Index Zimbabwe
- October 3, 2024
267 views 4 mins

Gas exploration company, Zim Gas, is optimistic that it would successfully drill at least 10 wells in Zimbabwe’s Western region confident, beginning in the first quarter of next year. The project, according to the company executives, has garnered huge interest from corporates including cash-rich diversified conglomerate, Innscor Africa Limited and one of leading retailers in […]