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Lithium discovery excites UK miner

UNITED KINGDOM-BASED Galileo Resources says the lithium discovery at Kamativi has given it much “encouragement and provided the impetus” to increase drilling.

The firm has interests in Zimbabwe’s Bulawayo Gold Projects and Kamativi.

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Zim’s mining sector an enclave: CNRG

Centre for Natural Resource Governance (CNRG) has called for local mineral wealth beneficiation, describing the country’s mining sector as “an enclave economy” detached from people’s aspirations.

This comes as most of the country’s.

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Zim produces US$1,1b gold

Zimbabwe produced a total of 16 855kg or 594 543 ounces of gold in the first seven months of this year, translating to about US$1,1 billion in value, statistics from Fidelity Gold.

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BNC incurs heavy loss

KUVIMBA Mining House subsidiary, Bindura Nickel Corporation (BNC), incurred a loss in the quarter ended June 2023 after experiencing the disproportionately high operating costs and low production during the period under review.

In.

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