News

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 […]

ZIMBABWE’S leading platinum producer Zimplats says it expects the construction of its 35 megawatts (MW) solar plant at Selous Metallurgical Complex (SMC) to be complete at the end of next month. The project is the first phase of the 185MW solar plant valued at US$201 million. “Implementation of the solar plant at SMC, which is […]

SHAMVA Gold Mine, owned by Kuvimba Mining House (KMH), says the development of its US$140 million open pit project at Shamva Hill is at an advanced stage, with pre- and bankable feasibility studies have been completed. Government owns 65% of Kuvimba, which in 2020 acquired Shamva from Metallon in a wave of mine asset purchases. […]

THE Zimbabwe Diamond and Allied Mineral Workers Union (ZDAMWU) is pushing for USD salaries for its members arguing that the ZWL remuneration is being eroded by inflation. Despite being a major foreign currency earner for the country, mine workers are living in penury due to loss in value of their local currency earned salaries. Most […]