News

HWANGE Colliery Company Limited’s (HCCL) coal output increased by 93% in the year’s first quarter on the back of a roadmap to grow the miner’s market share. Presenting a trading update for year’s first quarter of the year, HCCL company secretary Crispen Ncube revealed that output increased significantly. “Total coal mined for the year-to-date increased […]

A shortage of Liquified Petroleum Gas (LPG) looms in the country after the Zimbabwe Energy Regulatory Authority (ZERA) ordered wholesale players to have their own branded 48kgs gas cylinders by 31 July 2023 or have their licences cancelled. ZERA said LPG wholesalers will not be allowed to use cylinders not traceable to licensed brands after […]

RESEARCHERS at Inter Horizon Securities have projected that revenue at the Victoria Falls Stock Exchange-listed crocodile breeder Padenga Holdings Limited (Padenga) will increase by 30,4% to US$166,81 million during the financial year 2023. In the prior period, revenue stood at US$127,9 million, an increase of 68% from the previous year. “We project revenue for FY23 […]

CHINESE owned Sinomine which runs Bikita Minerals has started work on the US$22 million power line stretching from Tokwe Mukosi dam to Bikita district to provide electricity to its two lithium beneficiation plants currently under construction. Upon completion the power line will generate at least 132KVA and power up the lithium plants which are being […]

Could Zimbabwe, a world leader in platinum, one day end up with nowhere to sell one of its most prized minerals? The EU plans to ban conventional cars in just over a decade, and this may slash demand for the platinum and palladium used in catalytic converters, which help to cut vehicle emissions. Europe plans […]

Zimbabwe’s State power utility ZESA aims to more than double national grid capacity by 2025 to respond to increased demand from the mining sector, its chief executive said last week. The country currently has a generating capacity of 2 000 MW but is only producing 1 400 MW due to regular breakdowns at its thermal […]

Sandawana Mine was once one of the world’s largest emerald mines, but it shut down years ago after production collapsed and it lost markets. Now, Kuvimba Mining House wants to reopen the mine, this time as a lithium producer. The abandoned mine, once owned by Rio Tinto, was last year the scene of a rush […]

ZESA Holdings chief executive Howard Choga has said the power utility aims to more than double national grid capacity by 2025 to meet increasing demand mainly driven by the mining industry. Addressing a mining conference on Thursday in Victoria Falls, Choga said that ZESA expects to add 2 300 MW to the grid by 2025. Reuters quoted Choga […]