
IN-DEPTH: Zimbabwe remains open for business – sort of
For proof, look no further than the transaction that’s just completed around Prospect Resources’ Arcadia lithium project, situated around 38 kilometres east of the capital, Harare.

For proof, look no further than the transaction that’s just completed around Prospect Resources’ Arcadia lithium project, situated around 38 kilometres east of the capital, Harare.

ZIMBABWE’S mining industry remains resilient in the short to medium term, despite the negative impact of Covid-19-induced setbacks on existing and planned investments. The country is targeting to grow export revenue.

China’s Zhejiang Huayou Cobalt’s Arcadia lithium mine will start delivering lithium-containing minerals spodumene and petalite next year, according to the local manager of the company.
Huayou, one of the world’s major producers of.

Sinosteel’s Zimbabwe mining unit, Zimasco, has drastically curbed its smelting capacity, due to a slump in ferrochrome and chrome ore prices amid a global economic slowdown.
Factors including Russia’s war in Ukraine and.

SHANGHAI Stock Exchange-listed battery maker, Huayou Cobalt says it will extract its first ounce of lithium at the US$300 million Arcadia Mine project during the first quarter of 2023.
On Wednesday, an official.

AN African Export–Import Bank (Afreximbank) delegation will attend the African Energy Week (AEW) 2022 to sign deals and forge partnerships, it has been revealed.
The AEW is an annual interactive exhibition and networking.

Zimbabwe has been a complicated place to do business over the past few decades.
No doubt about that.
But if there’s one company that’s worked out how to make a success of it, and.

Platinum remains significantly undervalued. That is the key takeaway from the 30-page Platinum Quarterly published by the World Platinum Investment Council (WPIC).
“Why I say that platinum remains undervalued is that we’ve got.

Zimplats spent US$270 million on capital projects in the year to June, up from US$159 million in the previous year, as the company expanded operations and replaced depleted mines.
Last year, Zimplats announced.

AIM-traded Galileo Resources plc, which in early August identified multiple gold targets on a permit it is exploring in Zimbabwe, says the same acreage has potential nickel mineralisation too.
The company says the.