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.
CHROME miners are crying foul over underpricing of Zimbabwean ore by some Chinese chrome smelting companies.
This comes as chrome miners appealed to the government not to widen the export ban to include.
FORMER Zanu PF youth leader Lewis Matutu has been elbowed out of the late business tycoon John Bredenkamp’s gold-rich Thetford Estate in Mazowe, it has been established.
This comes after a fierce fight.
ZIMBABWE risks sinking into a deeper power crisis amid reports that the country’s power utility Zesa is on the brink of collapse due to an unsustainable tariff regime.
Government has insisted on unsustainable.
GROSS revenues at the Victoria Falls Stock Exchange (VFEX)-listed Caledonia Mining Corporation increased by 37% to US$35,1 million in the first quarter of this year, reflecting a major increase in gold production.
