AN unnamed Israeli investment outfit is on the cusp of setting up a multi-million dollar diamond cutting and polishing plant in the capital nearly two decades after the southern African country discovered.
ZIMBABWE’S biggest cable maker says it has been dealt a blow by delays to secure authorities’ nod to extend a contentious barter deal that potentially saves millions in United States dollars annually.
The.
Sinomine, the Chinese lithium company that is buying Bikita Minerals, says it plans to invest an initial US$200 million to build a new plant and expand existing operations.
Bikita is Zimbabwe’s oldest miner.
Hwange Colliery says coal production rose 49.5% last year, and the company has laid out a plan to mine more coal this year.
The plan includes a US$15 million deal with an equipment.
The Zimbabwe Diamond, Allied and Mineral Workers Union Zdamwu) has described as peanuts the 108% salary increase approved by the National Employment Council, Associated Mine Workers Union of Zimbabwe (Amwuz) and the.
Mine workers in the country are set to receive an over 100% salary increment Following a successful negotiation with authorities through the Associated Mine Workers Union of Zimbabwe and the Chamber of.
Huayou Cobalt, the company that has bought the Arcadia lithium mine from Prospect Resources, says it has budgeted US$300 million to bring the project to production.
The company bought Arcadia for US$422 million.
Kuvimba Mining House says it plans to list two more units on the Victoria Falls Stock Exchange and is exploring lithium at Sandawana, once an emerald mine.
Kuvimba is majority-owned by government and.
Invictus Energy (IVZ) has seen some fresh potential for multiple stacked zones within the Mukuyu prospect.
The Mukuyu Prospect, formerly called the ‘Muzarabani Prospect’, is part of the company’s 80 per cent-owned Cabora.
Lithium developers around the world are rushing to secure supplies of lithium, as demand for electric vehicles drives up prices. Last year, lithium prices rose 400% in China, the largest consumer of.
