The majority of the work undertaken by the Ministry of Mines and Minerals stalled in 2023 owing to inadequate budget allocation and the general volatile macroeconomic milieu, the Parliamentary portfolio committee has.
Impala Platinum is reducing its planned spending across its business, including at Zimplats, due to the decline in global platinum prices. This will negatively impact local suppliers and the economy, according to newZWire.
Platinum prices.
CHINESE companies were awarded licenses in the third quarter that could see $2.79 billion of investment flow into Zimbabwe, mostly in mining and energy as the government pushes to develop some of.
MINING companies in Zimbabwe have spent over US$1,5 billion on capital projects and exploration activities in the past three years, a survey report by the Chamber of Mines of Zimbabwe (CoMZ) shows.
The.
ZIMBABWE’S mineral revenue declined by 29% to US$2,6 billion in the first half of this year due to a number of challenges including softening commodity prices, foreign currency shortfalls, high-cost structure and.
PROSPECT Resources Limited has commenced Phase 3 drilling programme at Step Aside Lithium Project near Harare, targeting significant strike and depth extensions of high-grade lithium mineralisation.
In a quarterly activities report for the.
Invictus Energy said it has reached the total depth following exploration of the second well which has shown additional zones of strong gas and fluorescence.
Invictus is an independent upstream oil and gas.
Africa’s top lithium producer, Zimbabwe hopes demand for the mineral, which is key for renewable energy storage, will help revive its ailing economy.
Lithium is set to become Zimbabwe’s third biggest mineral export.
Zimbabwe should invest in the exploration of minerals which are critical in attracting long-term investments for economic development, Mines minister Zhemu Soda said yesterday.
Speaking at a School of Mines’ lithium and battery.
PLATINUM miner Zimplats Holdings Limited spent US$516 million during the quarter to September this year on major capital projects, including the development of Mupani Mine and Bimha Mine upgrade.
In its latest quarterly.
