IN OCTOBER 2022, Mberengwa — a remote outback district in Zimbabwe’s Midlands province, was just another impoverished region where villagers struggled to make ends meet.
Perennially saddled with droughts due to low rainfall,.
Resources outfit, Vast Resources says it expects to finalise its mining agreement on the Community Diamond Concession in Marange after the release of its parcel being held by the central bank.
The 129.
Zimbabwe lost more than US$23 billion through illicit financial flows (IFFs) between 1980 and 2018, a new report compiled by the African Development Bank (AfDB) shows.
Other sources, however, said the figure was.
ENVIRONMENTAL protection activities and action plans should act as deterrents to artisanal miners or small-scale miners operating in protected areas. The largely unregulated gold mining activities are taking place throughout Africa South.
INVICTUS Energy, a firm hoping to make Zimbabwe’s first oil find, spent A$12,664 million (about US$8,41 million) in exploration and evaluation activities during the quarter ended June 30, 2023, NewsDay Business can.
ZIMBABWE lacks mining legislation that protects locals from exploitation, resulting in their failure to benefit from natural resources in their communities, a United States (US) official has said.
Acting US embassy public affairs.
UK-based opportunity-driven company, Galileo Resources Plc has reported discovering key lithium sources after recent drills at Kamativi in Zimbabwe.
In a recent update, the top miner said the discoveries were found over substantial.
London-listed Contango Holdings’ Muchesu mine in Zimbabwe was officially opened by Zimbabwe President Dr Emmerson Mnangagwa on August 1.
Contango owns 70% of the Muchesu coal project (previously known as the Lubu coal.
GOVERNMENT’s laxity in monitoring the mining industry has precipitated widespread gold smuggling at a time when the country is targeting a US$12 billion mining industry by 2023.
Authorities in Zimbabwe have been urged.
According to Johns Hopkins University academic Steve Hanke, Zimbabwe ranks as the world’s most miserable nation.
Tell that, though, to the US and European shareholders in Zimbabwean gold producer Caledonia Mining, where dividends.
