ZIMBABWE is targeting to generate US$3 billion from Platinum Group Metals (PGMs) this year, an increase of 36% compared to last year, a government official said.
PGMs are essential and precious metals, which.
STATE-run resources firm Kuvimba Mining House (KMH) has been given a Cabinet approval to sell Ziscosteel’s vast iron ore reserves worth about US$500 million, officials said this week.
The government holds 65% shareholding.
THE government has directed an arms manufacturing company controlled by the Zimbabwe National Army to halt lithium exports after unearthing explosive corruption linking its senior officials to illegal exports.
There was outrage over.
CENTRE for Natural Resource Governance (CNRG) executive director Farai Maguwu has warned that the proposal by Shalom Mining Corporation Private Limited (SMCPL) to explore Mana Pools for oil could result in an.
THE Mines and Mineral Amendment Bill expected to correct loopholes that resulted in the exploitation of the country’s minerals has been described as disadvantaging indigenous people who cannot afford the money required.
VICTORIA Falls Stock Exchange-listed crocodile breeder Padenga Holdings Limited (Padenga) has returned to profitability after recording a turnover of US$127,9 million for the full year 2022, an increase of 68% from the.
KUVIMBA Mining House will inject US$1 million into ZISCO’s resuscitation strategy mainstreamed under the Mining Project and Steel Project in a development that is set to unlock opportunities for several businesses in.
Zimbabwe is talking up a US$12 billion mining industry and riding a lithium wave, but the country still has much to do to clear perceptions among some of the world’s most influential.
Bikita Minerals expects to complete its new lithium processing plant in June, saying it has doubled revenue after metals giant Sinomine took over the country’s oldest petalite mine last year.
Sinomine bought into.
GOLD deliveries to Fidelity Printers and Refiners (FPP) were down nearly 16% during the first four months of the year to 8,57 tonnes compared to the prior period owing to rains.
During the.
