194 views
FEATURED
Mining Index Zimbabwe
- March 11, 2024
194 views 3 mins

Invictus says in advanced talks with Govt on key production sharing agreement

Australia’s Invictus Energy is hopeful it will “within weeks” conclude a production sharing agreement (PSA) with the Zimbabwe government to develop its Cabora Bassa project following years of delays. The PSA is an important missing element as Invictus seeks to commercialise gas discoveries in the north of Zimbabwe, with energy consultancy Wood Mackenzie estimating that […]

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676 views
FEATURED
Mining Index Zimbabwe
- March 9, 2024
676 views 5 mins

Women’s Day: We hear from the women helping to drive Prospect Lithium

Lithium is one of the key sectors of Zimbabwean mining, and women are at the core of it. Here, we hear from some of the women driving Prospect Lithium. Shylet Dandi CSR Officer Prospect Lithium Zimbabwe believed in me and gave me a role that I never thought I could manage. Through their mentorship over […]

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245 views
FEATURED
Mining Index Zimbabwe
- March 8, 2024
245 views 2 mins

Gold price continues ascent to new highs

Gold continued its record-setting rally on Wednesday after the US Federal Reserve reiterated the possibility of an interest rate cut some time this year. Spot gold rose another 1.0% to a fresh high of $2,149.25 an ounce, surpassing Tuesday’s intraday high of $2,141.60 an ounce. US gold futures went as high as $2,157.50 an ounce […]

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303 views
FEATURED
Mining Index Zimbabwe
- March 8, 2024
303 views 4 mins

Diamonds can help speed up EVs’ charging time

Researchers at Fraunhofer US, an independent international affiliate of the Fraunhofer-Gesellschaft, have succeeded in developing wafer-thin nano-membranes from synthetic diamonds that can be integrated into electronic components, thereby reducing the local heat load by up to 10 times. This helps improve the road performance and service life of electric cars and significantly reduces battery charging […]

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514 views
FEATURED
Mining Index Zimbabwe
- March 8, 2024
514 views 7 mins

Minerals Council highlights progress and challenges of women in mining

With the United Nations having designated the theme of this year’s International Women’s Day as ‘Invest in women: Accelerate progress’, Minerals Council South Africa president and chair of the Women in Mining leadership forum Nolitha Fakude highlighted that the mining industry has played a crucial role in the fight against gender-based violence and femicide (GBVF) […]

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442 views
FEATURED
Mining Index Zimbabwe
- March 8, 2024
442 views 3 mins

China coal imports seen flat in 2024, State-run utility says

China’s coal imports are expected to be little changed in 2024, despite expectations for an increase of 4% in demand for the polluting fuel, a senior executive of a State-run utility said on Friday. Tepid growth in shipments by the world’s top importer of the fuel could suppress global prices and worsen fears of oversupply, […]

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332 views
FEATURED
Mining Index Zimbabwe
- March 8, 2024
332 views 2 mins

Kavango Resources says Nara Project showing positive signs

KAVANGO Resources Plc says indications derived so far from the Nara Project show very positive signs which may lead to bulk, mineable gold deposits. This follows Southern Africa’s focused miner reports indicating mineral resources at an average of 0,62 grams of gold per tonne at the Nara gold project in Zimbabwe, for a total of […]

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518 views
FEATURED
Mining Index Zimbabwe
- March 8, 2024
518 views 10 mins

Corruption is complex, multifaceted

In many casual discussions among citizens today, corruption is usually defined as the domain of powerful elites as shown in the recent Gold Mafia documentaries, or of large-scale scandals exposed by mainstream media. The elites are usually referred to as “varikumusoro” in the local parlance to mean, “those at the top”. It is often argued […]

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615 views
FEATURED
Mining Index Zimbabwe
- March 7, 2024
615 views 2 mins

Mines ministry secretary, legal boss shopped to ZACC for ‘graft’

The Zimbabwe Anti-Corruption Commission (ZACC) has been asked to investigate a string of corruption allegations against the mines secretary and the ministry’s legal affairs boss. A whistleblower document dated February 15 and sent to ZACC claims mines permanent secretary Pfungwa Kunaka and head of legal affairs Jacqueline Munyonga are being paid monthly retainers by at […]

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601 views
FEATURED
Mining Index Zimbabwe
- March 7, 2024
601 views 45 secs

Cement manufacturers exceeding local demand

AFTER years of subdued production, local cement manufacturers are now exceeding local demand, Cabinet has revealed. Some 2.6 million tonnes of cement are now being locally produced against a demand of 1.6 million as stated by Industry Minister Sithembiso Nyoni. The remainder is now being stocked by Zimbabwe’s four main producers including PPC Zimbabwe, Khaya […]

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