News

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 […]

VUMBACHIKWE Mine in Gwanda, Matabeleland South province, has promised to pay its workers outstanding dues following a unique protest by the wives of the employees. The mine suspended operations last month after wives joined their husbands in protesting the non-payment of salaries. Police arrested some of the protectors while the company declared the strike illegal […]

TSINGSHAN Holdings, which has already poured US$2 billion in investments locally and is currently building a US$1 billion steel plant at Manhidze, near Chivhu, is set to construct a new cargo railway system, NewZimbabwe.com has learnt. The new line, which is meant to ferry products between Tsingshan’s three subsidiaries in Hwange, Chegutu and Chivhu, and […]

The government says it has mobilised US$34 million towards the importation of electricity from regional producers to augment local generation. Speaking in the National Assembly last week, Finance and Economic Development Minister Mthuli Ncube said US$34 million is being processed to assist the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) and Zimbabwe Power Company (ZPC) […]

Hwange-based coke processing entity, Hwange Coal Gasification could soon face restructuring after the High Court dismissed its application challenging Justice minister’s decision to place it under reconstruction order. The company is a joint venture between Hwange Colliery Company and Taiyuan Sanxing of China.Court heard in October 2018 government announced that it had issued a reconstruction […]