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361 views

How Zimbabwe’s failure to fix NRZ rot is derailing the country’s mining ambitions

miningnews - News - February 1, 2023

Zimbabwe is looking to its mining industry to lead an economic recovery, but the government’s own failure to invest in the country’s rail system is pushing those ambitions offtrack.

Because the government is.

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217 views

Investors flood Prospect after US$378m deal… as ASX-listed resources junior fires up hunt for fresh Zim fortunes

miningnews - Local - January 31, 2023

A KEY firm in propping up Zimbabwe’s lithium rush yesterday said the multi-million-dollar takeover of Goromonzi-based Arcadia Mine about two years ago boosted its capacity to attract high-end investors as it moves.

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219 views

ZCTU petitions Mavima over workers abuses at Manhidze Steel Company

miningnews - Local - January 31, 2023

ZIMBABWE Congress of Trade Unions (ZCTU) has petitioned Labour Minister, Paul Mavima to urgently intervene following a series of labour violations at the Chinese run Manhidze Steel Works project.

The US$1,5 billion worth.

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475 views

RBZ sets conditions for 50% mineral royalties’ collection

miningnews - Local - January 31, 2023

THE Reserve Bank of Zimbabwe (RBZ) has set the conditions for 50% raw minerals royalties collections after being conferred with the responsibility by the government.

The development follows an announcement made by Finance.

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466 views

Lithium heist in Mberengwa … as Kuvimba ‘loots’ villagers ore without paying

miningnews - Local - January 30, 2023

THE government, which in November last year committed itself to regularising lithium mining activities at Sandawana Mine in Mberengwa, made a dramatic turnaround by duping and abandoning villagers after grabbing their ore.

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272 views

Vast Resources pursues historic 129 400 diamond carats trapped in Zimbabwe

miningnews - Local - January 27, 2023

LONDON based mining and resource development company, Vast Resources says it is pursuing 129 400 diamond carats trapped in Zimbabwe amid a lucrative share jump this week.

The historic parcel has been in.

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515 views

Invictus in US$8,95m surplus after drilling investments

miningnews - Local - January 26, 2023

AUSTRALIAN energy firm Invictus Energy Limited (IEL) ended the fourth quarter of last year with a surplus of AUD12,62 million (US$8,95 million) following a period of exploration of the Cabora Bassa Basin,.

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137 views

AfDB report shows Africa is the place to invest in 2023

miningnews - Local - January 26, 2023

South Africa has gone from the darling of Davos to being reluctant to show face at the prestigious annual global event of politicians and business leaders that is the World Economic Forum.

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179 views

RBZ backdates royalties collection

miningnews - Local - January 26, 2023

THE Reserve Bank of Zimbabwe (RBZ) says it will begin to implement legislative measures announced through amendments to the Finance Act , which provide for the.

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275 views

India expected to cut gold import duty to sideline smugglers

miningnews - Local - January 25, 2023

India is expected to slash the import duty on gold to undercut smugglers who have been offering hefty discounts as illicit imports boom after covid-19, denting the market share of banks and.

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Recent Posts

  • Mining surge set to unlock dividend bonanza for Mutapa
  • Premier African Minerals secures fresh capital to power Zulu Lithium project
  • Mimosa accelerates strategic investments
  • Caledonia strikes gold at Motapa, boosts Bilboes expansion
  • Mining boom shields economy from shocks …gold, platinum and lithium expected to drive mineral exports to US$7bn

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