News

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 […]

AFRICA-FOCUSED minerals and metals project developer, Premier African Minerals has gone to the market, seeking to raise £2,4 million (US$2,97 million) to fund pilot plant optimisation for its ongoing Zulu lithium and tantalum project in Zimbabwe. The funds are being raised by way of placement. The first placement to raise £1,8 million (US$2,22 million) before […]

CENTRE for Natural Resource Governance (CNRG) has reported “grinding” poverty in the heart of one of the nation’s top diamond producing areas, Marange, which generates four million carats annually. Located in Chiadzwa, Mutare district, the Marange diamond fields are home to widespread artisanal diamond miners. Some have speculated that this area may hold one of […]

GOLD production at Cam & Motor Mine — one of RioZim Limited’s flagship operations — increased 92% in the first quarter of this year on the back of the Biological Oxidation (BIOX) plant that came into operation last year. RioZim’s mining operations include Renco Gold Mine, Cam & Motor Gold Mine, and Empress Nickel Refinery. […]

The rush by exploration companies searching for oil and gas deposits in northern Zimbabwe has raised concerns over possible neglect of the environment, with activists fearing that lack of accountability will spawn a resource curse. Invictus Energy, a firm listed on the Australia Securities Exchange, announced last week that samples from its first test well […]

TORONTO-BASED Li3 Lithium Corp. has doubled its interest in Mutare Lithium to 50 percent and taken over operatorship and management of the exploration programme at the project in eastern Zimbabwe. The development comes after the company assumed 100% control of Li3 Resources which had a 50% interest in the Mutare project with the balanced controlled […]

CHINA’s Sinomine Resource Group has resumed operations following almost a week’s closure after a local mining watchdog raised alarm over alleged looting of lithium and other labour related issues. The ‘white gold’ miner suspended operations at its Bikita Minerals plant in Masvingo to address ‘concerns raised by authorities’ a few weeks after claims of looting […]