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Search results: Makomo Resources

Zambezi Gas/Makomo Resources resolve long-standing dispute

THE long-standing misunderstanding between Zambezi Gas and Makomo Resources, which saw the former being barred from transporting its coal passing through the latter’s concession, has been resolved.Last month, President Mnangagwa during his tour of colliery firms...

Makomo Resources fails to meet production target

Makomo Resources, one of the country's biggest coal producers says production in the first quarter of the year remained subdued, with output only reaching half of the company’s target due to the unavailability of key raw...

Makomo Plans to Go Underground as Demand Shifts to Coking Coal

Under corporate rescue Makomo Resources, is setting its sights on underground mining operations as it pivots towards the production of coking coal, which has seen a surge in demand, Mining Zimbabwe reports.By Rudairo MapurangaAccording to a...

US$14M Legal Battle Poses Challenges for Makomo Amid Corporate Rescue Efforts

Just over a year since resuming operations, Makomo Resources finds itself embroiled in a US$14 million legal dispute with Barak Fund SPC Limited, which claims Makomo owes this amount following its entry into corporate rescue in...

Makomo seeks funding for conveyor belt project

COAL miner, Makomo Resources, has expressed readiness to supply the Hwange Units 7 and 8 expansion project, and plans to construct a conveyor belt to the power plant are at an advanced stage.Makomo is among the...

Makomo output drops 27 percent

COAL miner, Makomo Resources, has reported a 27 percent drop in production for the first nine months of 2019, attributed to procurement gaps as a result of a shortage of foreign currency.The Hwange-based company produced a...

Forex challenges hit Makomo

Zimbabwe coal miner, Makomo Resources is reportedly  getting  only about 50 percent of its foreign currency which it require to import critical inputs like spares, a situation that has crippled its production, an official has revealed.The...

ZDAMWU new year statement (2024)

Revolutionary greetings to mine workers of Zimbabwe, Africa and the world, Happy New Year!!We have ushered in a new year, with renewed hope, vigour and determination for better prospects and welfare of mine workers in Zimbabwe.In...

Zimbabwe, a country with plenteousness of minerals

ZIMBABWE is home to 60 different types of minerals, 40 of which have been traditionally exploited to varying degrees.Platinum group metals (PGMs), chrome, gold, coal, and diamonds are the main minerals. Other minerals found in the...

Coal prices are red hot and demand is heating up, but unprepared Zimbabwe is yet again left in the cold

The train arriving at the Maputo port, hauling 40 wagons each carrying 2000 tonnes of coal from Botswana, shows how coal producers are riding the growing global demand for coal.The train into Grindrod‘s Maputo dry bulk terminal...

Coal supply under threat amid viability challenges

As Zimbabwe prepares to commission two electricity generators at the Hwange thermal plant in the next few months, concerns have been raised over the capacity of coal producers to adequately meet demand in light of unviable...

Southern Africa Mining Industry Report 2021

The "Mining in Southern Africa 2021" report has been added to ResearchAndMarkets.com's offering.Southern Africa has produced a large number of minerals, including over 25% of the world's diamonds, over 13% of its graphite and 10% of its uranium. The region contains deposits of...

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