Mines and Mining Development Permanent Secretary Pfungwa Kunaka has come under fire from prospectors following his directive of barring mining officials from accepting application for registration of mining titles on areas with.
OIL and gas exploration firm Invictus Energy, which recently made a gas discovery in Zimbabwe, has expressed ambitions to expand regionally.
The firm recently revealed that preliminary compositional analysis confirmed high quality natural.
Impala Platinum’s Zimbabwean unit is offering staff voluntary redundancy packages to cut costs because of anemic metal prices.
Weak platinum group metal prices are projected to last for the next 12 to 18.
Leading financial services provider, Stanbic Bank ,last week launched its mining client value proposition on Thursday, reaffirming its commitment to empowering Zimbabwe’s mining industry and promoting sustainable economic growth.
This cements Stanbic Bank’s.
In a significant development, the Zimbabwe Power Company (ZPC), a subsidiary of the Zimbabwe Electricity Supply Authority (ZESA), successfully reconnected Hwange Thermal Power Station’s Unit 6 last week. This achievement adds approximately.
The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia’s influence over the market for other minerals, US Deputy Treasury Secretary Wally Adeyemo.
President Emmerson Mnangagwa has expanded the Mutapa Investment Fund by adding seven additional parastatals.
The announcement was made through Statutory Instrument 51 of 2024, which was published in the Government Gazette on Friday,.
VICE President Constantino Chiwenga says diamond mining companies in the country must explore the precious gem to further the sector’s growth.
The VP said Zimbabwe was lucky to have diamonds within its borders.
GOVERNMENT’S move this week to suspend issuing of new exclusive prospecting orders (EPOs) will curb speculation and create a level playing field for investors.
EPOs give exclusive rights for investors to prospect for.
Invictus Energy has signed up private equity firm Mangwana Capital to lead negotiations with Zimbabwean institutional funds that are seeking to invest in the energy prospect.
Mangwana Capital manages the Mangwana Opportunities Fund,.
