News

By Business Reporter – Wednesday 1 September 2021 HARARE (Mining Index) – GOVERNMENT has been urged to put in place a comprehensive master plan before parceling out natural resources to ‘investors’ ensure socio-economic development of host communicates. In the past, rural communities have suffered at the hands of so-called investors with no meaningful development or […]

By Simiso Mlevu – Wednesday 1 September 2021 HARARE (Mining Index) – ZIMBABWE has awarded a US$1.3 billion tender to a newly-formed opaque British registered company, Coven Energy, for the construction of a second oil pipeline from Mozambican city of Beira to Zimbabwe’s capital Harare. Announcing the deal, the Minister of Information, Publicity and Broadcasting […]

The Zimbabwe Energy Regulatory Authority (ZERA) recently announced the price of Liquefied Petroleum Gas (LPG) will be reviewed for publishing on the 7th day of every month. ZERA added that the review will be in line with international developments noting that the LPG that is consumed in the country is imported. The Zimbabwe Energy Regulatory […]

Villagers in ward 14 (Nhakiwa), Uzumba constituency are against the proposed granite mining project by a Chinese company Heijin and have since written to the Mines and Mining Development ministry through their leaders raising their objections. Heijin wants to mine in Nenzou village, Kaseke 1256BM and Chibvi ME1253BM, blocks covering more than 300 hectares. Councillor […]

The Infrastructure Development Bank of Zimbabwe (IDBZ) says it is shelving two solar power projects of a combined 45MW because of ZESA’s poor transmission infrastructure. IDBZ will no longer pursue the 15MW Tjibundule solar project in Plumtree, whose estimate cost is US$23 million. The bank has also abandoned plans to set up the 30MW Gwayi […]

OIL and gas-focused Invictus Energy (Invictus)  says it will next week commence the acquisition of the seismic data for its Cabora Bassa project in Zimbabwe. The Australian-listed company reported that it has cleared 400km line of ground ahead of the data acquisition and is mobilising the vibroseis units to the field camp following the completion […]