
Setbacks hit Zim oilfields
AUSTRALIA Stock Exchange (ASX)-listed energy explorer Invictus Energy on Monday said it encountered some “minor” delays in preparing to drive the 12¼ hole section of its Mukuyu-1 exploration well due to rig.

AUSTRALIA Stock Exchange (ASX)-listed energy explorer Invictus Energy on Monday said it encountered some “minor” delays in preparing to drive the 12¼ hole section of its Mukuyu-1 exploration well due to rig.

A manager at a Banket farm allegedly shot dead an artisanal miner, who was part of a three-man gang that had invaded the property to prospect for gold.
The shooting brings to the.

MASHONALAND West Provincial Mining Director, Sibongubuhle Mpindiwa, arrested Tuesday for unlawfully revoking mining claims and reportedly changing ownerships before transferring them to new beneficiaries, has been granted ZW$60 000 bail.
Mpindiwa appeared Wednesday.

Industry and Commerce Minister, Sekai Nzenza, has sarcastically said baboons had made home of former integrated steel giant, Ziscosteel situated at Redcliff, Kwekwe.
Once arguably the biggest steel manufacturing plant in Africa, corruption,.

TOBACCO merchants and miners have been implored to respect the environment and preserve it for future generations.
Participants who attended the National Environment Plan meeting held in Hurungwe on Wednesday identified tobacco merchants.

Zimbabwe has secured US$310 million from the Export-Import Bank of India to rehabilitate six units at the Hwange Power Station in a bid to restore its capacity to 920 megawatts.
Energy and Power.

A ZIMBABWE Consolidated Diamond Company (ZCDC) bank account was garnished ZW$490 million by authorities over delays in settling tax and pension-related payments owed to the National Social Security Authority (Nssa) at a.

GOLD production at the Victoria Falls Stock Exchange-listed Caledonia Mining Corporation jumped 11% to 21 120 ounces in the third quarter of this year, the company revealed.
Last year in the same period,.

South Africa’s Tharisa Plc plans to spend $391 million on developing a 194,000 ounce per year platinum group metal (PGM) mine in Zimbabwe, chief executive Phoevos Pouroulis said on Wednesday.
Tharisa, a co-producer.

Pakistan has engaged Zimbabwe with the aim to bolster business ties between the two nations ahead of the Pakistan-Africa Trade Development Conference and Single Country Exhibition set for later this year.
Speaking during.