News

More than 1.8 million photovoltaic panels installed over 146 modular floating units would be used for the Lake Kariba project. China Energy Engineering Group proposed building a 1,000-megawatt floating solar farm for Zimbabwe, a nearly $1 billion project, on the world’s largest man-made lake. More than 1.8 million photovoltaic panels installed over 146 modular floating […]

Tharisa, the JSE-listed miner currently building the Karo Platinum mine in Zimbabwe, says it has raised US$130 million in a debt facility secured by production. The company, which began work on the US$391 million platinum project at Selous last year, said the facility from France’s Société Générale and South Africa’s Absa Bank has a 42-month […]

Redwing Mine has resumed operations following its temporarily closed by the Environmental Management Agency (EMA) at the end of January this year after more than 20 people died in 13 months. Manicaland provincial mining director, Elton Makumbe confirmed the reopening of Redwing Mine to The Manica Post. He said: They were given the nod to reopen. […]

The government has asked ZESA Holdings to evaluate the efficacy and efficiency of three small thermal power stations, Bulawayo, Harare, and Munyati, and devise a clear strategy on how to move forward. This may result in the decommissioning of the three power plants which are now very old, with some dating back as far as […]

ZIMBABWE is committed to the value addition of its diamonds to ensure that its citizens can fully benefit from the gems, President Emmerson Mnangagwa said during the 8th session of the African Diamond Producers Association (ADPA) Ordinary Council of African ministers held in Victoria Falls. The meeting was attended by African ministers in charge of […]

The government will give miners that had stockpiled lithium ore before last year’s export ban six months to sell it, according to draft regulations. Zimbabwe last year banned the export of unprocessed lithium to force local refining, ending a rush by small-scale miners to mine lithium ore and sell it to foreign buyers. But Henrietta […]

ZIMBABWE’S power utility Zesa Holdings Ltd says it plans to build a gas-fired power station as it prepares for a potential find by Australia Stock Exchange-listed resources junior Invictus Energy, which is exploring for oil and gas in the country. After failing to strike a find during its first round of test well drilling in […]

Huayou, one of the biggest cobalt producers in the world, acquired Arcadia from Australia-listed Prospect Resources and its Zimbabwean partners in a US$422 million deal completed in 2022. After the transaction, Huayou said it would spend US$300 million to build a plant to process 4.5 million tonnes of lithium ore at Arcadia. “All production lines […]

GALILEO Resources PLC is pleased with its Bulawayo project prospects after sample indications showed strong anomalism for elements commonly accompanying gold. The top miner said the Bulawayo gold project in Zimbabwe has delivered promising results from recent exploration activities. Wide-spaced soil sampling along the northern part of the Bembeshi Trend has identified a 1.5-kilometre-long gold […]

CHIRUMANZU could be declared a Special Economic Zone (SEZ) if deliberations between government and DINSON, the company building a multi-billion dollar steel plant in the Midlands district are successful. The SEZ removes bureaucratic delays in identified spaces which would have primarily be located in areas vital to Zimbabwe’s export bill. DINSON set out to build […]