News

After investing US$86 million into its mines over the past four years, Padenga Holdings is setting itself a target of 100,000 ounces of gold per year. The company’s mining arm, Dallaglio, has spent US$46 million on Guruve’s Eureka Mine, which it revived in 2021 after it had been dormant for over two decades. The company […]

Caledonia Mining Corporation has seen Blanket Mine in Zimbabwe to be a springboard for growth, according to the company’s CEO Mark Learmonth. While the mine itself achieved its 2023 production targets, Learmonth highlights Blanket’s role as a “solid foundation for growth” as Caledonia aggressively pursues its “multi-asset strategy” This strategy goes beyond Blanket Mine, with […]

Zimbabwe, boasting the largest lithium reserves in Africa, is pressuring miners to submit beneficiation plans by today’s deadline, March 31, 2024. This strategy aims to transform Zimbabwe into a major lithium player and capitalize on the global demand for electric car batteries and renewable energy storage. Finance Minister, Professor Mthuli Ncube, emphasizes the need to […]

CEMENT volumes at PPC Zimbabwe, the country’s biggest cement maker, continued to show strong growth, increasing 41% in the 10-month period ended January 31, 2024, albeit slightly lower than the comparable period. PPC Zimbabwe operates a clinker plant at Colleen Bawn in West Nicholson and milling plants in Bulawayo and Harare and is part of […]

The much-hyped takeover of the Zimbabwe Iron and Steel Company (Zisco) by Kuvimba Mining House has failed to change the fortunes of the steelmaker amid allegations that the firm linked to businessman Kudakwashe Tagwiirei is on an asset stripping orgy. Zisco workers are said to have gone for 10 months without salaries even after bold […]

AN employee at Dinson Colliery in Hwange died last week after he was reportedly electrocuted by a faulty machine he was using. The now deceased was identified as Prince Mpofu (age not given). The latest incident highlights the prevalence of mine fatalities and injuries in Zimbabwe’s extractive industry, where health and safety standards are poor. […]

AFROCHINE (Private) Limited, a Chinese-owned smelting company operating in Chegutu, has come under fire from the Zimbabwe Revenue Authority (Zimra) after it emerged that the firm has under-declared US$3 million in royalties on the sale of ferrochrome alloy (FCA). The company, Zimbabwe’s largest chrome smelting operation, is a subsidiary of Chinese conglomerate Tsingshan Holdings, which […]

Lack of a full complement of cartographers at Mashonaland West’s Ministry of Mines and Mining Development office is hindering the pace of mine registration, which has at times triggered ownership disputes. The shortage of cartographers, whose work involves drawing or producing maps, has caused a huge backlog of applications for registration of mining titles. A […]

Hwange Colliery Company Limited (HCCL), Zimbabwe’s coal mining giant, has suspended underground mining for the next six months. The decision comes after the company stockpiled a significant amount of coal, with sales failing to keep pace with the recent surge in production. The surge in coal production is attributed to the acquisition of new, efficient […]