News

BRITISH-BASED natural resources firm, Contango Holdings PLC (CHP) has announced the completion of its first small-scale coke battery at the Lubu coal project in Hwange. To facilitate testing by potential offtake partners and for the company’s internal investigations and quality control, the pilot coke plant has been built on-site to create coke from washed coking […]

Marula Mining, a UK mining company focused on Africa, is entering the Zimbabwean market after identifying opportunities in copper and lithium. The company has established a Zimbabwean arm, Muchai Mining, which will lead Marula’s plans to secure near-term and advanced lithium and copper opportunities in Zimbabwe, which is looking to attract investment in battery metals. […]

Gold production in Zimbabwe dropped by 26% to 3.79 tonnes in the first two months of this year from the 5.129 tonnes reported in the preceding comparative period. The significant drop in gold output has been blamed on heavy rains received in most parts of the country. Fidelity Gold Refiners (FGR) general manager, Peter Magaramombe […]

ZIMBABWE’S refined platinum output fell to 480 000 ounces (oz) in 2022, according to the World Platinum Investment Council (WPIC)’s fourth quarter global report for 2022. The WPIC said Zimbabwe’s refined platinum production for 2021 was 485 000oz. It said output will rise to 502 000oz this year, driven by expansion projects across most of […]

A MINING firm that has fought a bitter legal battle against the Industrial Development Corporation of Zimbabwe (IDCZ) over a dolomite claim in Rushinga says it is ramping up output following a recent court victory. The state-run IDCZ holds full control in agricultural chemicals maker, Chemplex Corporation, which in turn controls 100% stock in G&W […]

THE Zimbabwe Energy Regulatory Authority (ZERA) has hiked the price of liquefied petroleum gas (LPG) from US$1.77 ($1 499.85) per kg to US$2.06 ($1 861.35) per kg with immediate effect. Zera confirmed the new gas price in a statement this morning. The latest increase came at a time when most families in urban areas had […]

THERE was jubilation in certain quarters this week following news reports that the power generation units that were being refurbished at Hwange Thermal Power Station were now back on stream to boost national power generation capacity, which had dwindled to low levels thereby seriously threatening the country’s economic growth prospects. As of yesterday, national generation […]

THE Mines and Minerals Amendment Bill currently before Parliament has been criticised for failing to include clauses that will effectively regulate mining activities. In a statement yesterday, the Zimbabwe Environmental Law Association (Zela) said there is need for inclusion of the property rights regime in the Bill and to ensure that the country implements development-centred […]

A Chinese national was arrested recently for allegedly trying to smuggle 30 tonnes of lithium out of the country. Lu Minghui (45) of Msasa Harare was found in possession of fake documents to facilitate the transportation of the lithium from Bikita Minerals to Mozambique. He appeared before Marondera magistrate, Esther Mabika, on Thursday last week […]