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Invictus completes rig mobilisation at Mukuyu 2

AUSTRALIAN energy firm Invictus Energy Limited (Invictus) has finished its rig mobilisation and assembly to begin drilling for potential oil and gas at its second Mukuyu-2 wellsite.

In December 2022, Invictus ceased drilling.

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130 views

Illegal miner dies in shaft collapse

A 28-YEAR-OLD man died after a mineshaft collapsed at Lawrence Mine, Makwe in Gwanda, Matabeleland South province.

Provincial police spokesperson Inspector Loveness Mangena identified the deceased as Jetro Nyathi. She said the accident.

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281 views

Crisis as metal prices tumble

THE price of metals, like nickel and aluminium, have plunged drastically from recent record highs, sending shock waves into the country’s mining industry.

Experts said this week the outlook was uncertain.

Against a backdrop.

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128 views

Zimplats revenue down 23%

PLATINUM miner Zimplats Holdings Limited has reported a 23% decrease in revenue to US$962,3 million in the year ended June 30, 2023, owing to softer metal prices during the period.

In the comparative.

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618 views

Ex-chrome mining areas feel the heat

FOR many years, multi-national companies flooded Zimbabwe’s Great Dyke mineral belt, attracted by vast deposits of many minerals.

Many of the companies established mines and mining communities along the Great Dyke, with hills,.

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319 views

Mimosa’s 6E volumes decline

MIMOSA Mining Company (Mimosa) says six elements (6E) in concentrate volumes declined by 1% to 245 000 ounces during the financial year ended June 30, 2023 (FY23) due to severe load-shedding, among.

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323 views

Premier seeks to raise US$5m for Zulu project

RESOURCE outfit Premier African Minerals (Premier) seeks to raise £4 million (US$5,03 million) before expenses, through placement and direct subscription for the ongoing Zulu lithium and tantalum project pilot optimisation.

According to a.

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