Digging for gold in Zim
AMID the bustling chaos at the border crossing between Zimbabwe and South Africa in 2008, a microcosm of Zimbabwe’s internal turmoil unfolded.
The air was thick with anticipation, a palpable tension mingling with.
Union pushes for minerals-back wealth fund
Emerging Miners Association of Zimbabwe (Emaz) is pushing for the creation of a Sovereign Wealth Fund (SWF) linked to mining activities, it has been revealed.
An SWF is a State-owned investment fund that.
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Shake-up at RioZim …as miner battles for survival
Embattled resources firm, RioZim Limited, has undergone a dramatic leadership overhaul, appointing seasoned investment strategist Caleb Dengu as chairman in a last-ditch bid to stabilise the struggling miner.
The move follows the departure.
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Huayou sinks US$400m in new lithium sulphate processing plant
CHINESE high tech enterprise, Huayou Cobalt (Huayou) is placing significant emphasis on its Arcadia Lithium Mine, investing about US$400 million to complete a new lithium sulphate processing plant for its two subsidiaries.
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Kavango celebrates listing on Zimbabwe’s VFEX
Metals exploration and gold production company Kavango Resources celebrated its listing on the Victoria Falls Stock Exchange (VFEX), in Zimbabwe, becoming the seventeenth company to join the exchange, which is celebrating its.
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Diamond sale fails in Botswana as buyers refuse to pay up
Botswana didn’t sell any diamonds in an unprecedented ad-hoc auction as buyers refused to pay high enough prices, as the global industry continues to grapple with one of its deepest-ever crises.
State trader.
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Congo will not ‘auction’ mineral resources to the US – President
Democratic Republic of Congo President Felix Tshisekedi said on Monday that a US-mediated peace deal signed with Rwanda in June has not calmed fighting in eastern Congo, though he thanked President Donald.
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Union calls for the amendment of CBA for mining sector
NATIONAL Mine Workers Union of Zimbabwe (NMWUZ) president Kurebwa Javangwe Nhomboka has called for the amendment of the collective bargaining agreement (CBA) for the mining sector.
In a letter addressed to the National.
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Dinson pauses operations for major maintenance, targets November restart
The Dinson Iron and Steel Company, Zimbabwe’s biggest new industrial investment, has taken its first major production pause since commissioning started last year. The company will shut down its plant for a.
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Caledonia reports Blanket fatality
Gold miner Caledonia Mining reports that a person has died following an accident related to secondary blasting at its Blanket mine, in Zimbabwe, on September 22.
The company says its immediate priority is.