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State-owned Kuvimba Mining House has advanced plans to secure investment for a $270 million lithium plant at its Sandawana Mine, where production of concentrates is expected to start by the end of 2025, it said on Tuesday. The southern African country is the continent’s top producer of lithium, which is used in electric vehicle batteries […]

THE National Employment Council (Nec) for the mining industry has approved a US$3,55 salary increment for mining workers for the July to December period despite the high cost of living. In a recent circular issued by Nec, the lowest mine worker’s salary was raised by US$14,20 for the April to June period, from US$355 prior, […]

PROSPECT Resources Limited says its Step Aside lithium project in Zimbabwe has reached a critical milestone, positioning it for monetisation. The potential revenue from this project, according to Prospect Resources chief executive officer Sam Hosack, is expected to support the exploration and development of the priority Mumbezhi Copper project in Zambia. In 2021, Prospect sold […]

RESOURCE outfit Premier African Minerals has invested approximately US$75 million in the development of the Zulu lithium and tantalum project, located near Bulawayo, according to chief executive officer George Roach. The mining firm, with a diverse portfolio of projects in Zimbabwe and Mozambique, is currently finalising the installation of a flotation plant at the Zulu […]

ZIMBABWE’S mining companies have lined up capital investment projects totalling US$455,8 million to boost production capacities despite operating in a challenging environment, an industry report shows. This significant investment demonstrates the industry’s commitment to expansion and development, experts say. In addition to these future projects, mining firms have already invested more than US$1,5 billion in […]

A COALITION of mining workers unions have petitioned the Labour ministry over alleged irregularities and corruption in the selection process for union representatives to the National Employment Council (NEC) committees. The unions claimed the process, which is mandated by law, was unfairly manipulated to exclude certain legitimate trade unions, thereby denying them a seat at […]

British resources company Contango has agreed to sell a 51% interest in the Muchesu coal project to Wencai Huo, a Zimbabwe-based Chinese investor with vast interests in mining. Contango, listed in London, started building the Muchesu plant in Binga in 2022. In May last year, the company produced its first coking coal, used to make […]

Cluff Africa signed a non-binding agreement with Zimbabwe’s sovereign wealth fund to develop a lithium mine in the southern African country. Cluff will be assigned a 45% share of licenses at Sandawana, founder Algy Cluff said in an emailed statement, without disclosing financial terms. Zimbabwe is seeking to attract investors after lithium prices steadied following […]

AT least 48 African leaders were in Seoul, South Korea, for the Korea-Africa Summit, one among many other such gatherings between the continent and big powers. AT least 48 African leaders were in Seoul, South Korea, for the Korea-Africa Summit, one among many other such gatherings between the continent and big powers. When it comes […]

ZIMBABWE has been listed among countries with the highest deposits of undeclared gold from artisanal smallholder miners, while the country is featuring on a list of 12 countries that are smuggling over 20 000 tonnes of gold per year. ZIMBABWE has been listed among countries with the highest deposits of undeclared gold from artisanal smallholder […]