CALEDONIA Mining Corporation is expected to invest US$22 million in capital expenditure at its Zimbabwe-based Blanket Mine (pictured) by the end of the second half of this year, according to sources.
The miner.
RIOZIM Limited has lost the battle with the Defence ministry over 200 mine claims after the High Court struck the case off the roll saying the application was defective.
RioZim had cited Defence.
ZIMBABWE Diamond and Allies Minerals Workers Union (ZIDAMWU) general secretary Justice Chinhema has urged mine operators to pay decent wages to enable employees to build their own houses instead of staying in.
THE Zimbabwe Consolidated Diamond Company (ZCDC) is targeting to produce 5,7 million carats by year end and double that amount for 2025, after ramping up production.
In a statement, ZCDC board chairperson Munashe.
The influx of Chinese companies into Zimbabwe’s mining sector since year 2000 has significantly improved exploration and mining of minerals such as lithium, diamonds, chrome and black granite.
While their investment has been.
BIKITA Minerals is set to invest about US$500 million in a lithium sulphate plant at its mine in a major boost to Zimbabwe’s industrialisation push.
This strategic move aligns with the global surge.
POWER utility ZESA Holdings has entered into an agreement with an Indian company Jindal Steel and Power for generation of electricity in Zimbabwe.
The deal worth US$5 billion will see Jindal Steel and.
THE mining activities currently taking place around the country, which have seen a proliferation in Chinese miners, have been described as “organised crime” amid concerns they leave communities where they operate from.
AUSTRALIAN energy firm, Invictus Energy Limited, has appointed Victoria McLellan as its chief financial officer (CFO), effective on Monday this week.
McLellan’s appointment comes following the Australian Stock Exchange (ASX) listed firm listing.
Zmbabwe’s gold sector has demonstrated continued resilience, with July witnessing a significant surge in deliveries to Fidelity Refinery, the country’s sole gold buyer.
The total volume increased by 33.5% from 2,618 kg in.
