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After the toughest year on record for Zimbabwe’s platinum producers, Alex Mhembere worked overtime to lift the mood at the Chamber of Mines annual meeting on Wednesday. “We are in winter,” said Mhembere, CEO of Zimplats, the country’s biggest platinum producer. Summer, he says, is now upon the industry. “Being in winter is what is […]

GOVERNMENT owned mining powerhouse, Kuvimba Mining Holdings (KMH) has bemoaned the continued decline of platinum group metals (PGM) price on the market indicating that their lithium and nickel side has been hugely affected. KMH acting Chief Executive Officer, Trevor Barnard the mining entity prides itself for having one of the top lithium producers in the […]

THE Chamber of Mines of Zimbabwe (CoMZ) has retained the Thomas Gono-led presidium to lead the organisation until next year, NewsDay Business can report. The presidium, consisting of Gono as president, John Musekiwa of Zimasco as first vice-president, and Munashe Shava of Kuvimba Mining House as the second vice-president, was re-elected on Tuesday during the […]

THE Chamber of Mines of Zimbabwe (CoMZ) 2024 annual conference kicked off in Victoria Falls yesterday as players deliberate on solutions for the growth of the multi-billion dollar sector. President Emmerson Mnangagwa is expected to officially open the conference tomorrow. Running under the theme Unlocking Growth Potential for the Zimbabwe Mining Industry, the annual mining […]

Zimbabwe and China have teamed up to construct one of Africa’s largest steelworks, the US$1.5 billion Dinson Iron and Steel Company (Disco) Manhize plant in Mvuma. This joint venture involves Chinese expertise in steel plant construction and Zimbabwean labor, transforming a previously undeveloped area into a modern industrial hub. The site, once a dense forest, […]

ZIMBABWE’s largest resources group Kuvimba Mining House (KMH) has stockpiled 750 000 tonnes of raw lithium at a time prices of the strategic mineral are softening on the international market. Trading Economics, which tracks price trends of major commodities globally, attributes the decline in prices to a surplus of the “white gold” on the market […]

ZIMBABWE’s largest resource firm Kuvimba Mining House (KMH) is courting potential investment partners to establish platinum mining operations at its Great Dyke Investments (GDI) unit despite prices of the precious metal declining on the international market. The diversified mining group with assets ranging from gold to platinum snapped a 50% stake in GDI from Afromet […]

The mine saga involving Home Affairs and Cultural Heritage minister, who also is Zanu PF Mashonaland Central provincial chairperson, Kazembe Kazembe, has taken a new twist with former workers at Jumbo Mine in Mazowe, who are clamouring for a stake in the mine which closed almost a decade ago, approaching Vice-President Kembo Mohadi to intervene. […]