251 views

Caledonia buys Motapa mining company

VICTORIA Falls Stock Exchange-listed Caledonia Mining Corporation has bought Motapa Mining Company UK, whose gold claims sit next to Bilboes in southern Zimbabwe.

Caledonia has already agreed a deal to buy Bilboes which.

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131 views

Tharisa seeks to raise US$50m on VFEX

RESOURCES giant Tharisa Plc on Friday revealed plans to raise US$50 million by way of private placement to fund its US$391 million mining project in the country.

Tharisa controls Karo Mining House (KMH),.

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143 views

Zimplats invests $373m in projects

AUSTRALIA Stock Exchange-listed resources giant Zimplats has spent about US$372,8 million in various projects in the country, with the Mupani and Bimha mines development chewing the largest chunk.

According to the company’s quarterly.

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Invictus raises US$32m in capital funding

Zimbabwe-focused Australian energy firm, Invictus has revealed it is now completely self-funded after it raised AUD48,7 million (nearly US$32 million) in capital funding in the year ended June, which has gone into.

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Chamber of Mines slams power hike

THE Chamber of Mines of Zimbabwe (CoMZ) this week said a 24% hike in power tariffs was unsustainable.

In an interview, CoMZ president, Colin Chibafa said high power costs curtail the industry’s viability.

The.

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