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Turmoil engulfs miners

Zimbabwe’s resources companies have taken a huge lurch downwards largely as a result of steep drop in metal prices on the international market coupled with escalating operational costs, forcing several big mining.

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Zimplats shields US$1,8b expansion plan

PLATINUM giant Zimplats says the current cost-cutting initiatives aim to lessen the effect of budget cuts on its growth strategy, which includes a US$1,8 billion expansion programme.

The company on Tuesday initiated a.

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Zimbabwe’s mine executives call for more EPOs

Exclusive Prospecting Orders (EPOs), which were issued in 2021 expired this month, sparking fierce national debate between various interested stakeholders.

For instance, small-scale miners and prospectors are arguing that the government should allow.

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