News

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 […]

By Business Reporter HARARE – (Mining Index) – Wednesday 24 May 2023) – LONDON-listed Contango Holdings says it has commenced production of high value coking coal at its Lubu project in Zimbabwe. “We are pleased to advise that the production of washed coking coal commenced on Tuesday 23 May 2023 at our #CGO flagship Lubu […]

Energy and Power Development Minister Soda Zhemu has announced that Hwange Thermal Power Station Unit 7 will be back online on Monday, adding 300MW to the national output. The unit was recently taken off the national grid for further tests, but after completing reliability tests, it is now ready for final commissioning, the minister said. He said this will […]

HWANGE Colliery Company Limited (HCCL) remains under administration and on Zimbabwe Stock Exchange (ZSE) suspension, the concern’s management revealed Monday. The coal miner was placed on suspension after government which owns 38% of Hwange moved to place the firm under administration. ZSE announced that the miner will be suspended for the entire duration of the […]