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.
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.
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,.
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.
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.
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.
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.
PLATINUM producer Zimplats has spent US$443 million during the quarter to June this year towards major capital projects, including the development of Mupani Mine and Bimha Mine upgrade as part of its.
UPSTREAM oil and gas firm Invictus Energy Ltd says a number of positive advances made in the past month have brought the company closer to beginning its historic Mukuyu-2 (M-2) drilling operation.
Construction.
On 12 October, 2011, then president Robert Mugabe officially launched the Chegutu-Mhondoro-Ngezi-Zvimba Community Share Ownership Trust.
After the launch, platinum giants, Zimplats, were set to begin the process of ceding 10% shareholding to.
