Cement company PPC has played down social media rumours that it plans to sell its Zimbabwe unit, one of its most profitable divisions.
The company says it receives regular unsolicited offers for some.
STATE-owned gold buyer, Fidelity Gold Refinery (FGR) is bullish on hitting a 40-tonne gold delivery target in 2023 buoyed by new gold mining projects coming into production as well as continuous policy.
IN his 2023 national budget propositions, Finance minister Mthuli Ncube, announced new revenue collection measures with regard to mining royalties.
Although royalties have always been collected in cash, new measures have been put.
Zimbabwe’s central bank on Thursday said it will allow exporters, including miners, to keep 75% of their export earnings in foreign currency after the current cap of 60% drew complaints from the.
The Government is ready to put forward US$20 million to partner investors willing to invest in a lithium battery manufacturing project in Zimbabwe, a cabinet minister has said.
Speaking at the launch of.
THE spike in global demand for metal-based minerals has seen Zimbabwean smelting companies increasing their prices for chrome in a move that has boosted local production, the Zimbabwe Independent has learnt.
Chrome miners.
Units 7 and 8 were set to be completed in November 2022 and February 2023 respectively. In November 2022, the Zimbabwe Power Company (ZPC) expected one of the two.
Aftrade, a company owned by controversial Belarusian businessman Alexander Zingman, is one of the biggest winners from a series of business deals just signed between Zimbabwe and Belarus.
Riding on Belarusian president Aleksandr.
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.
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.
