News

Zimbabwe’s Muzarabani oil and gas exploration project has made it to the list of this year’s Top Five oil and gas wildcat drilling compiled by leading global energy price, research and analysis site – OilPrice.com. This comes after developer, Australia Stock Exchange (ASX) listed Invictus Energy, signed a petroleum exploration development and production agreement (PEDPA) with […]

The Sunexchange Nhimbe Fresh crowd sale has raised US$2,5 million to finance a 1,9 megawat solar plant, making it the largest solar crowd sale in Africa so far, in a massive show of investor confidence for Zimbabwe. Sunexchange is a U.S owned company based in South Africa with a platform where investors can buy solar […]

A young man has been slapped with an 18-year jail term for the brutal murder of an illegal diamond dealer he and his fugitive accomplice stabbed 29 times in Odzi, Marange. Although he was still a minor when he committed the heinous crime last year in January, the High Court treated Shoorai Gwenzi as an […]

DIVERSIFIED and Zimbabwe-focused mining group, Premier African Minerals has initiated a definitive feasibility study (DFS) and a funding strategy to be applied in future development of its Zulu lithium and tantalum project in Matabeleland South. In a statement, Premier said the Zulu deposits were contained within an Exclusive Prospecting Rights area greater than 200 square […]

THE Minister of State for Provincial Affairs and Devolution for Matabeleland North, Cde Richard Moyo, has dispelled fears that villagers in Dinde in Hwange will be evicted to make way for a coal mining project. Cde Moyo, who was responding to concerns raised by villagers who are locked in an impasse with Chinese company, Beifer […]

Invictus Energy, the Australian firm exploring for oil and gas in Muzarabani, says the petroleum exploration development and production agreement (PEDPA) it signed with Government on March 26 accords special economic zone (SEZ) status to the key energy project. It means the company will enjoy fiscal and non-fiscal incentives such as a tax holiday and […]

Botswana Diamonds (BOD) says Zimbabwe is highly prospective and there are positive signs that the country is opening for business. The company is preparing to re-enter Zimbabwe and focus on both short-term production targets at Marange and advanced kimberlite pipe projects elsewhere in partnership with Vast Resources plc. “Our final area of interest is Zimbabwe, […]