Zimbabwe’s mining industry said this week prolonged blackouts had been mitigated by a strategic electricity rationing system that has prioritised the sector. However, fresh headwinds are emerging elsewhere.
In an interview, Chamber of.
The Chamber of Mines of Zimbabwe said this week it had opened fresh negotiations with the Reserve Bank of Zimbabwe (RBZ) over the current foreign currency retention framework.
The industry is forecasting worsening.
Zimplats is tripling its processing capacity and plans to handle concentrates from other mining firms at its new smelter. Encouraged by a recovery in platinum prices, the company is also considering redeveloping.
China generates more electricity than the US, India and the EU put together, Menar MD Vuslat Bayoglu told Wednesday’s Coal & Energy Transition Day, where he added “… and I think this.
Caledonia Mining Corporation says it expects its profitability for the 2025 financial year to be “materially ahead” of market expectations.
“We were pleased with the excellent production results announced on July 16. Combined.
THE Zimbabwe Consolidated Diamond Company (ZCDC) is set to take legal action against Diamond Base Company, a contractor hired to drill 20 boreholes in Chiadzwa, after the US$100 000 project failed to.
Gold enters the second half of 2025 coming off an exceptionally strong start to the year – up 26% – shaped by a weaker US dollar, persistent geopolitical risk, robust investor demand,.
ZIMBABWE has the largest lithium reserves on the African continent. Lithium has been mined since the colonial period in the 1950s.
It’s a critical part of rechargeable lithium-ion batteries that are essential for.
Zimbabwe’s diamond industry is facing its biggest crisis in years, caught between falling prices and the rise of lab-grown diamonds abroad, and the impact of years of underinvestment and mismanagement at home.
The.
Zimbabwe’s biggest diamond miner is cutting 400 jobs, weighed down by a global downturn in the market for natural gems, a company representative said by phone.
State-owned Zimbabwe Consolidated Diamond Co (ZCDC) had.
