The High Court has dismissed an application by a trade union seeking to place mining giant RioZim Limited under corporate rescue, ruling that the union had no legal standing to represent the.
The Mutapa Investment Fund (MIF) has announced that its mining flagship, Kuvimba Mining House, requires US$950 million to expand operations across its gold, lithium, platinum, and chrome assets.
The capital injection is intended.
UK-based mining and exploration company Premier African Minerals has reached an agreement with its principal shareholder Canmax Technologies to extend the long stop date related to a restated offtake and prepayment agreement.
Following are key facts about the oil and mining sectors of Venezuela, whose President Nicolas Maduro was captured by US forces on Saturday.
Reserves
Venezuela has the world’s largest estimated oil reserves but its.
The governments of Zimbabwe and Zambia have agreed to inject a combined US$440 million to kick-start construction of the US$4.2 billion Batoka Gorge Hydro-Electric Scheme, reviving a long-delayed power project seen as.
Zimbabwe will continue to make strategic mineral purchases in 2026 in order to build its foreign currency reserves, as it pushes ahead with plans to adopt the ZiG as its sole currency.
Gold, silver and platinum jumped to all-time highs on Friday to extend a historic end-of-year rally for precious metals, with support from escalating geopolitical tensions and US dollar weakness.
Spot gold set a.
EUREKA Gold Mine has strengthened its commitment to sustainable community development, investing more than US$2 million in corporate social responsibility (CSR) initiatives in 2025.
This brings its total CSR expenditure in communities in.
Zimbabwe’s largest coal-fired power plant, Hwange Thermal Power Station, will begin large-scale rehabilitation works in the first quarter (Q1) of 2026 following the sealing of a US$450 million concession agreement aimed at.
Two DGL Investment mine security guards charged with murder and attempted murder after fatally shooting an illegal miner and injuring another have been granted bail by the High Court.
Mbekezeli Ngwabi (45), who.
