News

Work on the multi-billion-dollar carbon steel project in Chivhu — the Manize Project by Tsingshan (Afrochine’s parent company) is expected to start in earnest following the launch of an inter-ministerial committee to oversee the smooth flow of the mega project. The project lies along the Manize Mountain Range and at full production, is expected to be a […]

Scores of placard-waving villagers in Sese have staged a demonstration demanding an immediate stop to exploration activities by Murowa Diamond Company. The boisterous villagers, some carrying children on their backs and chanting songs of defiance, want Murowa to leave their area accusing the company for a litany of allegations ranging from overstaying in their area […]

AUSTRALIA-LISTED mining concern, Prospect Resources took delivery of the pre-assembled pilot plant crushing equipment over the weekend. Arcadia represents a globally significant hard rock lithium resource and is being rapidly developed by Prospect’s team, focusing on near term production of high purity petalite and spodumene concentrates. The project is one of the most advanced lithium […]

Delays in the proposed unbundling of Fidelity Printers and Refiners (FPR) has rattled investors who are now reluctant to fund gold projects without proper knowledge of the timelines of the privatisation processes, an executive with the company has warned. The delays have significantly contributed to the decrease in gold deliveries as investors are not happy […]

CALEDONIA Mining Corporation Plc says mineral reserves and resources have increased following a new study at Gwanda-based Blanket Gold Mine, its flagship operation. In a statement yesterday, Caledonia revealed that total proven and probable mineral reserves increased by 528 000 ounces. The report validates the company’s medium-term production profile targeting 80 000 ounces per annum […]

GOVERNMENT has successfully repossessed over 80 mining concessions under the “use-it or lose-it” policy and a formal announcement will be made in due course, Mines and Mining Development Minister Winston Chitando, has revealed. Last year, the Government announced that it was also looking forward to re-sizing some of the concessions with huge resource base and […]

THE Buy Zimbabwe Campaign is working on promoting local production of mining equipment to a minimum of 50 percent in the country and has called on players in the mining sector to join the campaign by playing their part in the economic revival and job creation drive. Buy Zimbabwe Campaign chairman Mr Munyaradzi Hwengwere said […]

MORE than 350 locals are set to be employed at a Chinese chrome smelting company that is being set up in Mashava, Masvingo while small-scale miners around the area are set to benefit from the new market. This was revealed during a tour of the US$70 million smelting company owned by Zimbabwe Zhongxin Smelting Company […]