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.
The International Monetary Fund (IMF) advised Zimbabwe not to adopt a gold-backed digital currency to address macroeconomic issues such as volatility in the local currency.
Instead, they recommended that Zimbabwe liberalize its foreign.
Gift Mugano, a professor of economics, has urged the Government to improve on governance and accountability of Zimbabwe’s natural resources following Invictus Limited Energy’s confirmation of the presence of “light oil, gas-condensate.
CALEDONIA Mining Corporation Plc. says the Reserve Bank of Zimbabwe (RBZ) is timeously remitting all due payments for gold sales amid revelations that the miner has commenced direct gold exports to a.
Australia-listed Invictus Energy Limited on Monday, 08 May confirmed the presence of light oil, gas condensate and helium at its Cabora Bassa project in Muzarabani, Zimbabwe.
Invictus Managing Director Scott Macmillan said that.
MINING concern Caledonia Mining Corporation non-executive chairperson and director Leigh Wilson has retired from the board, with his successor expected to be named today.
In his resignation statement last Friday, Wilson said it.
COAL miner Hwange Colliery Company (HCCL) lost $8,6 billion for the year ended December 31, 2022 due to exchange rate volatilities which affected the business’ historical obligations.
According to the corporation, which is.
AUSTRALIAN firm, Invictus Energy has confirmed the presence of “light oil, gas-condensate and helium” from its drilling samples at its Mukuyu-1 rig site in Muzarabani.
Analysts, however, were quick to demand accountability and.
RIOZIM Limited’s gold production dropped 17% to 929 kilogrammes in the financial year 2022 compared to the previous year due to the Dalny Mine being put on care and maintenance.
In a statement.
