News

Energy company Grid Africa says it has agreed a deal with a group of miners in Zimbabwe to build 72MW of solar for their operations. Zimbabwean miners are desperate for alternative energy to power up new projects and expansion, at a time when power utility ZESA is failing to meet demand. “Grid Africa has successfully […]

A CHINESE firm, Ronchelle Private Limited, embroiled in a dispute with Norton residents over the planned rezoning of residential land into a mining site, made a surprising shift in its strategy last week. The company announced plans to establish a rhino board manufacturing facility near the Knowe suburb, a significant departure from its initial proposal […]

ZIMBABWE’S mining title management systems, long plagued by double allocations and disputes, are set to undergo significant modernisation, with 90% of the system expected to be computerised by December, according to Polite Kambamura, Mines and Mining Development deputy minister. The completion of this automation programme will be a major milestone in Zimbabwe’s broader plan to […]

INVICTUS Energy Ltd has announced the identification of eight high-potential gas and condensate prospects in the eastern portion of its Cabora Bassa Basin project in Muzarabani, with the Musuma prospect emerging as a key target for exploration drilling in 2025. The discovery has been hailed as a significant positive step for Zimbabwe’s energy landscape. In […]

AUSTRALIAN energy firm, Invictus Energy Limited, says it has discovered a prospective resource of 184 million barrels of oil condensate at its Cabora Bassa project in the northeastern part of the country. The discovery of a prospective oil resource comes after the firm announced a gas discovery at its Mukuyu 2 drill site at the […]

ZIMBABWE is set to experience more hours of load-shedding as water levels at Kariba Dam have dropped to crisis level as a result of the El Niño-induced drought being experienced in the southern Africa region, NewsDay has learnt. Zimbabwe received below normal rainfall in the 2023/24 rain season as a result of theEl Niño phenomenon, […]

ZESCO has announced that with water resources approaching the minimum operating level, it faces the imminent risk of depleting the remaining reserves by 14 September this year, which could result in the shutdown of the Kariba North Bank Power Station. In a statement issued by company spokesperson Matongo Maumbi, Zesco anticipates a significant power supply […]

ZIMBABWE’S industries have been hit harder than anticipated by a massive power tariff hike in November last year, leading to a 15% increase in costs for mines and causing widespread disruptions across various sectors. Business leaders told the Zimbabwe Independent that the tariff increase, estimated at about 44%, had forced some mines to abandon expansion […]

CALEDONIA Mining Corporation is expected to invest US$22 million in capital expenditure at its Zimbabwe-based Blanket Mine (pictured) by the end of the second half of this year, according to sources. The miner had initially halted capex spending after disappointing production results in late 2023 and the first six weeks of 2024. However, after turning […]