News

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 […]

The Zimbabwe Republic Police (ZRP) has reported that two artisanal miners who were trapped in Ran Mine located in Bindura have been found dead. They were retrieved on June 24, 2023. The mine collapsed on June 22, 2023, in the afternoon. At that time, it was suspected that several artisanal miners had died in the […]

Invictus Energy has sourced services of several leading international oilfield assistance providers for the drilling of the Mukuyu-2 well as the group’s second phase of Cabora Bassa oil and gas exploration commences. The project is the first oil mining expedition in Zimbabwe. Invictus is an independent upstream oil and gas company headquartered and listed on […]

Fed up with unchecked pollution of the environment and lack of accountability by coal mining companies, women in Hwange are taking matters into their hands by staging protests and demanding answers from some of the errant firms. A group of women recently staged a peaceful demonstration in Hwange against heavy pollution by haulage trucks that […]

ZIMBABWE’s output of Lithium, registered a 169,5% increase in the first quarter of 2023, signifying a huge step taken so far in exploiting one of the world’s most sought after commodities in recent times, Zimbabwe National Statistics Agency (Zimstat) reported Thursday. Zimbabwe is the world’s fifth largest lithium producer whose lithium output has increased steadily […]

AIM listed mining giant, Vast Resources Plc has agreed to a debt extension with Mercuria Energy Trading SA to December 30, 2024 in a development which will allow the company to finalise the settlement of historic claims in Zimbabwe. Vast Resources Plc is a multi-commodity mining and resource development company. It has exploration and development […]

Kuvimba Mining House (KMH) owned Shamva Gold Mine has constructed a new morgue in the district, with a capacity to hold up to 11 bodies. The state of the art facility was built at Shamva District hospital and is open to the whole community. This development comes as a relief to a community that previously […]