News

ZIMPLATS and its parent company Implats have issued 5% shares to traditional leaders in Mhondoro-Ngezi district, who will hold them on behalf of their communities. This was revealed yesterday during the commissioning of the US$104,1m third concentrator plant for ZimPlats mine in Mhondoro. The construction of the third concentrator began in January 2021 and ended […]

AUSTRALIA-LISTED Invictus Energy has commenced the second phase of its exploration programme at the Cabora Bassa project as it seeks to identify future search wells with the potential to give Zimbabwe energy security. The phase two exploration commenced with a 2D seismic programme, according to the resource outfit whose earlier explorations have so far picked […]

Platinum producer Zimplats has commissioned a new US$100 million concentrator plant to support its US$1.8 billion expansion of the country’s biggest mine. Zimplats is currently developing two mines, Bimha and Mupani, and the extra output means the mine requires extra concentrator capacity to process the additional ore. Before the new plant, the mine ran two […]

Hwange Thermal Power Station’s Unit 8, which is undergoing a series of performance tests, achieved its first full capacity of 355 megawatts (MW) on Tuesday, 14 June 2023. This was revealed by the contractor, Power Construction Corporation of China, in a post on their Twitter page. Reads the post: The output of Hwange Unit 8 […]

ZIMBABWE is losing precious minerals through porous borders, with security forces and border officials manning the entry points seriously incapacitated to plug illicit flows, a report by the Parliamentary Portfolio Committee on Defence, Home Affairs and Security Services has revealed. The country has been losing minerals, ranging from diamonds and gold through well-knit syndicates that […]

THE ministry of Mines has been forced to go back to the drawing board and revise proposed changes to the country’s mining law after Parliament flagged some legal provisions as unconstitutional. Zimbabwe is losing millions of dollars in illicit financial flows and smuggling of minerals and experts blame the country’s weak legislation and porous borders […]

Despite the outlook calling for improving weather conditions, including anticipated rainfall and cooler temperatures, the mining industry in Canada’s Ontario and Quebec provinces is grappling with a disruptive blow caused by persistent wildfires. Record-setting wildfires have been wreaking havoc across Canada since March, reaching peak intensity this month. Experts have marked the ongoing wildfire season […]

As the economy continues to tumble, some rural communities have resorted to harbouring illegal miners and traders from authorities in exchange for cash to help cushion themselves against poverty, a report has revealed. The report titled ‘Illicit Trading In Minerals and Mineral Leakages’ was presented in Parliament by the Portfolio Committee on Defence, Home Affairs […]