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Major steel-processing firms developing operations in Zimbabwe have this year invested over US$1 billion into their projects, which are at various stages of implementation, official data showed yesterday. Under an iron and steel blueprint running between 2022 and 2026, Zimbabwe plans to develop a US$6 billion industry by revenue, employing over 50 000 workers. The […]

THE Zimbabwe Miners Federation (ZMF) has said government’s recently announced embargo on raw lithium exports is set to bolster investment in the sector and create more jobs for locals. ZMF president Henrietta Rushwaya hailed the development saying it will go a long way to rake in more profits for the country. “The ban is significant […]

ZIMBABWE has prohibited the export of raw lithium from its mines so it can cash in on value addition and stop losing billions of dollars in mineral proceeds to foreign companies. The Mines and Mining Development ministry on December 20, published a circular under the Base Minerals Export Control Act that seeks to “ensure that […]

Zimbabwe has imposed a ban on the export of unprocessed lithium, in a bid to stop artisanal miners who the government says are digging up and taking the mineral across borders. The country holds some of the world’s largest reserves of hard rock lithium, a vital mineral in the production of clean energy technologies. Chinese […]

ZIMPLATS Holdings Limited (ZHL) increased its expenditure on environmental rehabilitation by 28,37% to about US$26 million during its financial year ended June 30, 2022, upping its commitment to climate change. Environmental rehabilitation entails bringing a destroyed or deteriorating environment back to better conditions and a robust ecosystem. As investor interest in Zimbabwe’s mining sector rises, […]

MINERS in the country have been accused of hiding mineral discoveries and fleecing the economy of billions of dollars, a situation that has forced the Mines ministry to introduce stringent measures and frequent inspections. The Mines ministry has now temporarily banned issuance of mining titles until further notice for diamonds, copper, lithium, nickel and rare […]

THE Mines and Mining Amendment Bill will put an end to rampant practices by foreign owned companies of mining on a small scale, Mines deputy minister Polite Kambamura has said. Kambamura who was speaking at a Miners4ED event in Chegutu recently said the move was meant to create space for artisanal miners who have contributed […]

London-listed Red Rock Resources reports that an environmental-impact assessment (EIA) is being prepared for its subsidiary African Lithium Resources’ (ALR’s) Tin Hill lithium project in Zimbabwe. The EIA is expected to be completed by early February and will be followed by site preparation for mineral extraction. “Our local partners and staff at ALR have in […]