News

INDUSTRIAL Development Corporation of Zimbabwe (IDCZ) has poured US$1,4 million into the refurbishment of the G&W Industrial Minerals mine in Rushinga to speed up the production of lime and enhance import substitution. G&W, which is located in Rushinga, had been placed under care and maintenance in 2016 due to viability challenges. As a result, Zimbabwe […]

A Chinese mining company Afrochine has restarted mining operations inside Mavhuradonha Wilderness, a World Heritage Site candidate, barely a year after its mining activities were banned by the government. Foreign-owned companies that include Afrochine Smelting, Earthlink Minerals, and Lebanmon Investments are reportedly exploring for chrome in areas within the site despite a July 12 High […]

Villagers from Ward 19 in Shurugwi are opposed to a plan by a mining company, Unki, to construct a 50MW solar power station on a 138h piece of land in the area. The community accuses Unki of exploiting resources in the area while leaving nothing for them and making false promises since 1998. This came […]

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, […]