AUSTRALIAN energy firm, Invictus Energy Limited, says it has discovered a prospective resource of 184 million barrels of oil condensate at its Cabora Bassa project in the northeastern part of the country.

The.

ZIMBABWE is set to experience more hours of load-shedding as water levels at Kariba Dam have dropped to crisis level as a result of the El Niño-induced drought being experienced in the.

ZESCO has announced that with water resources approaching the minimum operating level, it faces the imminent risk of depleting the remaining reserves by 14 September this year, which could result in the.

ZIMBABWE’S industries have been hit harder than anticipated by a massive power tariff hike in November last year, leading to a 15% increase in costs for mines and causing widespread disruptions across.

CALEDONIA Mining Corporation is expected to invest US$22 million in capital expenditure at its Zimbabwe-based Blanket Mine (pictured) by the end of the second half of this year, according to sources.

The miner.

RIOZIM Limited has lost the battle with the Defence ministry over 200 mine claims after the High Court struck the case off the roll saying the application was defective.

RioZim had cited Defence.

ZIMBABWE Diamond and Allies Minerals Workers Union (ZIDAMWU) general secretary Justice Chinhema has urged mine operators to pay decent wages to enable employees to build their own houses instead of staying in.

THE Zimbabwe Consolidated Diamond Company (ZCDC) is targeting to produce 5,7 million carats by year end and double that amount for 2025, after ramping up production.

In a statement, ZCDC board chairperson Munashe.

The influx of Chinese companies into Zimbabwe’s mining sector since year 2000 has significantly improved exploration and mining of minerals such as lithium, diamonds, chrome and black granite.

While their investment has been.