British resources company Contango has agreed to sell a 51% interest in the Muchesu coal project to Wencai Huo, a Zimbabwe-based Chinese investor with vast interests in mining.

Contango, listed in London, started.

Cluff Africa signed a non-binding agreement with Zimbabwe’s sovereign wealth fund to develop a lithium mine in the southern African country.

Cluff will be assigned a 45% share of licenses at Sandawana, founder.

AT least 48 African leaders were in Seoul, South Korea, for the Korea-Africa Summit, one among many other such gatherings between the continent and big powers.

AT least 48 African leaders were in.

ZIMBABWE has been listed among countries with the highest deposits of undeclared gold from artisanal smallholder miners, while the country is featuring on a list of 12 countries that are smuggling over.

Zimbabwe’s dwindling gold deliveries to Fidelity Gold Refinery (FGR) are being caused by undeclared bullion from artisanal and small-scale miners (ASM), according to a recently published report.

According to the report produced by.

FORMER Zanu PF Chegutu Member of Parliament, Dexter Nduna and two co-accused persons have been acquitted of charges of illegally prospecting for precious minerals without a licence or permit.

The 54-year-old ex-lawmaker, former.

Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube has scrapped the requirement for gold miners to pay 15 percent Value Added Tax (VAT) on the value of deliveries to Fidelity.

Zimbabwe’s ferrochrome miners, the nation’s biggest electricity consumers, have agreed to build their own power plants over the next two years as the government seeks to balance energy demand.

Under the agreement, ferrochrome.

The National Railways of Zimbabwe needs US$431 million for a rail link to the new Manhize steel plant, which has just started production.

The plant, built by Tsingshan’s Dinson Iron and Steel Company.