News

GROSS revenues at the Victoria Falls Stock Exchange-listed resources giant Caledonia Mining Corporation marginally dropped by 0,2% to US$37 million in the second quarter of this year due to the costs of waste-stripping at the Bilboes oxide operation. Last year in the same period, revenues stood at US$37,09 million. Bilboes, which is one of Caledonia’s […]

Zanu-PF Kwekwe Central Parliamentary aspirant Energy Ncube has said Globe and Phoenix Primary school pupils are still learning in makeshift tents several months after their classrooms caved in. Speaking at a constituency rally recently, Ncube said processes need to be expedited so that lessons can resume in a conducive environment. The school collapsed about four […]

It was not just just the layers of coal that stood out as President Emmerson Mnangagwa pulled the veils on the country’s newest coal mine on Monday. It was also the thick layers of irony. Western governments are pushing developing nations such as Zimbabwe to ditch coal, but it is a British company that has […]

SMALL-SCALE miners have pledged to increase gold production this year by more than 25 tonnes, given that the government continues to give them a favourable operating environment. According to ZMF, the apex government body that represents small-scale gold miners, artisanal miners contribute 60% of the total gold production in the country Last year gold output […]

Invictus Energy Limited has completed Cabora Bassa CB23 2D seismic data acquisition with the preliminary field processing showing structural closure at multiple target intervals, the group has revealed. The energy utility group which is embarking on the first oil and gas exploration in Zimbabwe said the campaign has so far provided business to local suppliers […]

Resources outfit, Vast Resources says it expects to finalise its mining agreement on the Community Diamond Concession in Marange after the release of its parcel being held by the central bank. The 129 400 carats diamonds parcel has been held at the Reserve Bank of Zimbabwe for the past 12 years after Vast surrendered them […]