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,.
A former Zimbabwe Consolidated Diamond Company (ZCDC) employee, Linda Chiyangwa has won a US$200 000 claim against her former employer who verbally dismissed her in 2016.
This follows her successful application for quantification.
Zimbabwe mulls strategy to guard against softening global mineral prices
THE Government is in talks with representatives of mining companies over long-term solutions to guard against softening global prices threatening viability.
Zimbabwe’s minerals like.
Industry is reeling from crippling power cuts with some companies suffering lengthy unscheduled load-shedding of up to 12 hours after Zambezi River Authority (ZRA) reduced the average electricity production at Kariba Dam.
OIL and gas exploration firm Invictus Energy has received strong interest from multiple domestic institutional investors with the intent of investing into the company after the discovery of gas at Mukuyu field,.
The Zimbabwe Electricity Supply Authority (ZESA) Holdings has announced that a system disturbance occurred at Hwange Power Station Wednesday morning.
This resulted in the loss of power generation and increased load shedding nationwide.
According.
