News

NATURAL resource exploration and development company, Red Rock Resources Plc has received licences for its new Lithium mining project in Bikita. In an update this week, the company said a Certificate of Registration was issued last week in relation to the Company’s application through its local subsidiary for a new lithium licence near Bikita. The […]

A 49-year-old woman from Kariba has been sentenced to five years in jail for illegal possession of emeralds worth US$3,015.60. Rutendo Moyo, who represented herself, pleaded guilty to the charge and was sentenced by Harare Magistrate Ruth Moyo. What transpired? According to reports, detectives from the Criminal Investigation Department (CID) Minerals Flora and Fauna Unit […]

Galileo Resources, a company listed on the AIM Market of the London Stock Exchange, has discovered several substantial gold targets around the Queen’s Mine located near Bulawayo, Zimbabwe. The company also identified a new gold-in-soil anomaly covering more than five square kilometres southeast of the Queen’s Mine with further anomalies to the southwest. Galileo’s CEO, […]

PREMIER African Minerals will now engage with other hydroxide producers based out of China and Europe following the collapse of its deal with Canmax Technologies Co. Premier, which owns the RHA Tungsten, Zulu lithium and tantalite projects in Zimbabwe, last year signed an offtake and prepayment agreement with China’s Canmax Technologies (formerly Suzhou TA&A). Under […]

Kavango Resources, a UK-listed mineral explorer, has made its first investment in Zimbabwe with an option to buy 45 gold claims, saying it sees opportunity in a country that has seen years of low exploration activity. The company will pay US$4 million for a two-year exclusive binding option for the gold claims in Matabeleland. Industry […]

A MATOBO gold mining company has been taken to the National Employment Council (Nec) for the mining industry for dismissing seven workers who had protested over poor wages. Nkomazana Syndicate trading as Power Play Mine is also accused of underpaying its workers, non-payment of gratuity, leave days and overtime amounting to US$39 000. The mine […]

SHAMVA Gold Mine, a member of Kuvimba Mining House (KMH), has invested close to US$15 million into the mine since 2020, according to general manager Gift Mapakame. The government owns 65% of KMH, which in 2020 acquired Shamva from Metallon as part of a wave of mining asset purchases. Shamva had ceased operations prior to […]

George Roach, CEO of Premier African Minerals, was downcast yet defiant in a call with shareholders on Monday, as shares in his London-listed company went into freefall. The company announced that it has missed key production deadlines and declared force majeure at Zulu Lithium, sending its stocks down almost 50%. Premier completed the pilot plant […]