News

ZIMBABWE’S mining sector will require in excess of 2 000 megawatts (MW) of electricity in the next three to four years, up 344% compared to current needs, as industry expands. A surge of new mining projects in Zimbabwe, encouraged by a government keen to raise more export revenues, is leading to a rapid increase in […]

AN environmental catastrophe looms in Kwekwe, a gold mining city about 200km southwest of Harare, where properties are being swallowed by mine tunnels underneath them. Unregulated exploration by artisanal miners commonly referred to as ‘makorokoza’ at the gold-rich Globe and Phoenix Mine situated in the heart of the city is causing gaping holes that environmentalists […]

GOVERNMENT has called on lithium players to work together to establish value-addition plants for lithium concentrates. Currently there are around eight different lithium exploration and mining projects at different development stages. These include Arcadia Lithium Mine, Sabi Star Lithium, Zulu Lithium Project, Step Aside Lithium Project, Mirrorplex Lithium Project, Kamativi Lithium Project, Mutoko Lithium Private […]

Invictus Energy has accepted US$1,7 million in over subscriptions after the company successfully raised US$8,2 million in their Share Placement Plan (SPP). Initially the company set out to raise US$6,4 million. Invictus is an independent upstream oil and gas company headquartered and listed on the Australian Securities Exchange with offices in Harare. Recently, Invictus confirmed […]

Zimbabwe wants lithium miners operating in the country to work towards producing battery-grade lithium locally and could impose a tax on exports of lithium concentrate in future, Mines Minister Winston Chitando said on Wednesday. The country holds significant reserves of lithium, a battery mineral which is vital to the global drive towards cleaner energy technologies, […]

A family from Kwekwe, Midlands Province, narrowly escaped death after part of their house collapsed into an underground mining tunnel underneath the house. The Chronicle reported that the Rusike family has been unknowingly living on top of a huge mining tunnel for years. The family detected some noises due to mining activities underground and vacated […]

PROSPECT Lithium Zimbabwe (PLZ), a member of Zhejiang Huayou Cobalt Company Limited, a global battery maker, says it has extracted 30 000 tonnes of lithium with their plant still at commissioning stage. Full production is yet to commence as the company is still testing machines at its Goromonzi plant. The company’s Public Relations Manager, Rugare […]

ZIMBABWE’S mining sector has continued to be a significant economic pillar, contributing almost 80% of the country’s exports last year and supporting more than 38 000 formal jobs, according to Chamber of Mines of Zimbabwe (CoMZ) president Colin Chibafa. Additionally, the industry supports approximately 500 000 artisanal and small-scale miners and generates more than 20% […]

LITHIUM miner, Prospect Resources Limited (PRL) has announced the discovery of high-grade lithium deposits at its Step Aside Mine, in Goromonzi, following the completion of its second diamond drilling phase. Step Aside Mine, acquired by PRL in March 2022, is eight kilometres north of the miner’s former mining prospect, Arcadia Lithium Mine which was sold […]

GOVERNMENT and the Zimbabwe Consolidated Diamond Corporation (ZCDC) have backed down from a protracted confrontation with the Chiadzwa community over a contentious proposal to invest US$400 million in a platinum project. ZCDC and the Mines ministry have been at loggerheads with the Chiadzwa Community Share Ownership Trust (CCSOT), which was querying plans to have the […]