Kavango Resources Plc has discovered promising results at its gold project in Southern Zimbabwe in a development that has further pushed the entity’s stock price by 12%.
The top miner has sustained a.
Over drinks back in 2019, two British tycoons, Algy Cluff and Michael Spencer, agreed to set up a company to buy into African resources. They have explored mines in Ghana, Mali and.
ZIMBABWE has raked in more than US$20 billion from the export of minerals from 2018 to date, Mines and Mining Development minister Soda Zhemu said, underlining the sector as a key driver.
PICKSTONE Peerless Mine in Chegutu, which has for the past seven years operated an open pit that is nearing the end of its life span, has invested US$28 million to commission a.
PRESIDENT Emmerson Mnangagwa last week officially commissioned the Kamativi Mine Spodumene Processing Plant.
Spodumene is an ore that contains lithium.
After shutting down in 1994 due to a drop in tin prices, the mine.
Zimbabwe’s extractives industry holds the highest import bill, Junior Chamber of Miners Zimbabwe (JCMZ) president Brian Samuriwo revealed during a general meeting held last week in Gweru.
JMCZ is a chamber of medium.
Aim- and NYSE-listed Caledonia Mining has announced that James Mufara has agreed to join the group as COO with effect from May 1, following the departure of Dana Roets from the business.
Recently, nine graves of victims who lost their lives in a mineshaft collapse during the late 1940s in Penhalonga were exhumed. Their remains were subsequently reburied at Tsvingwe Cemetery, clearing the path.
Demand for Platinum Group of Metals (PGMs) went down owing to increased substitution in the automotive and glass industries, favouring alternative metals over palladium and rhodium.
“As a result, exports of PGMs witnessed.
Economist Gift Mugano remains steadfast in his assertion that the gold held by the Reserve Bank of Zimbabwe (RBZ) is inadequate to support the newly introduced structured currency, ZiG, even in light of anticipated forex.
