African development banks are seen as the most likely funders of Caledonia Mining Corporation’s planned $250-million gold mine in Zimbabwe, the mining company’s CEO Mark Learmonth revealed.
Caledonia, which already owns the Blanket.
ZIMBABWE’S repayment of a US$400 million loan borrowed from the African Export and Import Bank (Afreximbank) could suffer a huge blow after the country’s major platinum miners downsized operations due to tumbling.
THE Bulawayo High Court has authorised the eviction of 53 former employees and their families at Olympus Gold Mine after they refused to work for the new mine owner.
Olympus Gold Mine (Pvt).
The Zimbabwe Miners Federation (ZMF) is gearing up to revolutionise the artisanal and small-scale mining sector with its upcoming Mining Mechanization and Symposium launch in Midlands Province on the 22nd of April.
After investing US$86 million into its mines over the past four years, Padenga Holdings is setting itself a target of 100,000 ounces of gold per year.
The company’s mining arm, Dallaglio, has spent.
Caledonia Mining Corporation has seen Blanket Mine in Zimbabwe to be a springboard for growth, according to the company’s CEO Mark Learmonth.
While the mine itself achieved its 2023 production targets, Learmonth highlights.
Zimbabwe, boasting the largest lithium reserves in Africa, is pressuring miners to submit beneficiation plans by today’s deadline, March 31, 2024.
This strategy aims to transform Zimbabwe into a major lithium player and.
CEMENT volumes at PPC Zimbabwe, the country’s biggest cement maker, continued to show strong growth, increasing 41% in the 10-month period ended January 31, 2024, albeit slightly lower than the comparable period.
PPC.
The much-hyped takeover of the Zimbabwe Iron and Steel Company (Zisco) by Kuvimba Mining House has failed to change the fortunes of the steelmaker amid allegations that the firm linked to businessman.
AN employee at Dinson Colliery in Hwange died last week after he was reportedly electrocuted by a faulty machine he was using.
The now deceased was identified as Prince Mpofu (age not given).
The.
