News

VICTORIA Falls Stock Exchange-listed resources outfit, Bindura Nickel Corporation (BNC) became the latest in a string of big mining houses mourning mining guru, David Brown, who died in South Africa last week aged 59. In a statement released at the weekend, BNC chairman Muchadeyi Masunda chronicled the accomplishment of a man whose work changed the […]

Huayou Cobalt, which has recently invested in Zimbabwe’s Arcadia lithium mine, must produce battery-grade lithium within five years, the country’s competition regulator says. Huayou, one of the world’s biggest producers of battery minerals, is investing US$300 million to build a new processing plant at Arcadia, after buying the operation for US$422 million from Prospect Resources […]

Ireland-based exploration company Arkle Resources is making an entry into Zimbabwe, with its focus on three licences where it will prospect for lithium. The company, which is listed on London’s Aim market, believes the licences, covering 163 ha, represent a low-cost entry into one of the biggest lithium-producing countries. “This is a toe in the […]

FOSSIL Mines (Private) Limited will move to take charge at Lafarge Cement Zimbabwe during the fourth quarter (Q4) after finalising a takeover deal announced early this month, the cement maker said on Wednesday. Fossil, a relatively unknown outfit with interests spanning from construction to mining, clinched a deal to buy Associated International Cement Limited (AICL)’s […]

TWO top police officers have been implicated in a US$500 000 gold ore loot at a mine in Chiweshe, Mashonaland Central province. This allegations are contained in a letter of complaint dated June 22 addressed to Police Commissioner-General Godfrey Matanga and copied to the Zimbabwe Anti-Corruption Commission and the Judicial Service Commission. In the letter, […]

MINES ministry permanent secretary, Onesimo Mazai Moyo, was Monday grilled by legislators over delays in re-tabling the Mines and Minerals Amendment Bill. Moyo told the Mines Parliamentary Portfolio Committee that the draft Bill has since been received by the ministry from the Attorney General’s office. “We now have a draft from the Attorney General’s office,” […]

A LEADING resources campaigner has piled fresh pressure on government to cancel a big coal mining project in Hwange, saying Zimbabwe must swing towards eco–friendly investments. The Centre for Natural Resource Governance (CNRG) said swaths of coalfields being exploited by Beifa Investments, a Chinese firm, in Hwange’s Dinde area would have significant negative implications on […]

AMBITIOUS resources outfit Duration Gold said this week it had launched a ground breaking multi-commodity exploration campaign, which could help it achieve a long-cherished ambition to become a large-scale producer in Zimbabwe. The firm already operates five core assets in the country, including Vumba Chikwe Gold Mine. But it has long indicated its ambition to […]

David Brown, the former Impala Platinum and Kuvimba Mining House CEO, has died of a reported heart attack in South Africa. Brown, who was 59, served as CFO and then CEO of Implats from 1999 to 2012, before heading MC Mining, formerly known as Coal of Africa. He then skipped retirement with the hopes of […]

GOVERNMENT says its renewable energy policy implementation is progressing in line with global calls to ease the impact of global warming. Global experts on climate change adaptation have implored authorities to speed up adoption of renewable energy to mitigate the negative impact of global warming. Research from the Zimbabwe Energy Council shows that the country […]