THE government has structured a deal that will see the Reserve Bank of Zimbabwe (RBZ) buying excess diamonds as it moves to shut out unscrupulous dealers that have been dribbling authorities.
Trading in.
MINE fatalities have risen 37% in the year to date with 67 people having perished in mine-related accidents as mining firms, facing funding challenges, are bypassing protocols.
On the other hand, the lack.
OBEY Chimuka’s Fossil Mining has taken over control of Lafarge Cement after successfully buying the 76.45% stake which had been put up for sale by Swiss headquartered Holcim Group.
The sale will be.
UK-BASED Galileo Resources PLC (AIM:GLR) said it has identified three priority gold and nickel exploration targets originally generated from an airborne geophysical survey over the Bulawayo gold project in Zimbabwe.
The three targets.
JPMorgan Chase & Co. will store gold held by the world’s biggest exchange-traded fund in its vaults, a major coup for the bank’s bullion business.
The lender will now act as an additional.
Africa’s transition to cleaner fuels and power generation presents investors with opportunities across the value chain, but more direct financing is needed on projects, the head of a South African independent power.
Tharisa has extended its US$50 million bond issue for Karo Mining, saying it needed to mop up “strong interest” from potential investors. A regulatory holdup may also be standing in the way.
The.
ZAMBEZI Gas and Coal Mine is pushing for Zimbabwe Power Company to pay 50% of the US$1,3 million owed by the parastatal for coal supplies, as the miner faces operational challenges.
Operations director.
Zimbabwe has signed an agreement with Tsingshan Holdings Group, which plans to set up lithium mining and processing operations in the southern African country, President Emmerson Mnangagwa said on Tuesday.
Tsingshan, one of.
London-listed Contango Holdings says it plans to start exporting thermal coal early next year from its Zimbabwe mine following requests from customers in Europe and Asia.
Zimbabwe’s neighbour South Africa saw an eight-fold.
