Increased operating costs for 2023 and several significant one-off, non-operating costs in the final quarter resulted in reduced profit for the full year, Victoria Falls Stock Exchange-listed Caledonia Mining Corporation has said.
The.
THE World Bank Group (WB) says Zimbabwe needs to modernise its mining laws and introduce a competitive licensing regime offering improved security of tenure and sanctity of contract.
The current legislative framework for.
A sample analysis of fluid from the Mukuyu-2 rig in Muzarabani, Mashonaland Central has confirmed gas, light oil, condensate and helium presence, Mines and Mining Development Minister Soda Zhemu has.
Platinum group metals (PGMs) mining, refining, and marketing company Implats, which reported solid production in a low-price environment last week, is ironically still experiencing strong demand for all major PGMs with the.
Debswana Diamond Company’s sales of rough diamonds fell 25.1% in 2023, data released by Botswana’s central bank late on Thursday showed, as an economic slowdown hit demand for luxury items in the.
The Canadian government on Friday announced restrictions on indirect imports of Russian diamonds weighing 1 carat and above in a coordinated move with other Group of Seven (G7) countries.
The latest restriction adds.
Permanent secretary in the Ministry of Energy and Power Development, Gloria Magombo has challenged stakeholders in the energy sector to make use of the country’s vast clean energy sources towards sustainably attaining.
The European Union has opened the door for local firms to access €150 billion (about US$162,55 billion) in funding opportunities from the bloc for power projects that could solve Zimbabwe’s energy crisis.
EU’s.
Impala Platinum (Implats) is delaying projects in Zimbabwe, including a base metal refinery and a 185MW solar plant, in response to falling platinum prices.
In 2021, Impala’s Zimbabwe unit Zimplats announced a US$1.8.
Construction of Zimbabwe’s second petroleum pipeline, which its proponents say could transform the country into a regional fuel hub, is predicated on finalising agreements with neighbouring countries involved in the multi-billion-dollar plan,.
