NEWS

Mine invaders threaten prosecutor

A GROUP of people, who recently invaded Dandee 5 mine in Kezi, Matabeleland South, are reportedly threatening Kezi prosecutor Mufaro Ndirayire, who is handling...

ZSM tasked to lead mineral beneficiation

THE Zimbabwe School of Mines (ZSM) is expected to play a leading role in the beneficiation and value addition of minerals as the country...

Zimbabwe discusses deal to use mineral earnings to pay off Trafigura’s old fuel debts

Trafigura Group and Zimbabwe’s government have discussed a deal that would give the commodities trader control over output from some of the nation’s biggest...

Shares in Invictus Energy close a whopping 21% up; firm developing Muzarabani gas project

Invictus Energy Limited (ASX:IVZ) unveiled its financial and operational performance report for the quarter ended 31 March 2022. The Company is opening one...

Stampede for lithium to get intense

The highest bid for lithium at an online sale surged by 140% in just six months, an indication the stampede for supplies of the...

Godfrey Gomwe appointed CEO of MC Mining

The board of MC Mining has appointed former South African Finance Minister Nhlanhla Nene as chairperson and former Anglo Coal leading light Godfrey Gomwe as CEO of the London Aim-, Sydney ASX-...

Uncompetitive market derails gold mobilisation programme

Zimbabwe’s uncompetitive formal market could derail the government’s ambitious  gold mobilisation programme as compliance will be low, the Chamber of Mines of Zimbabwe has said.This  week...

Sengwa project, RioZim pursues state guarantee

RioZim Limited has proposed a partnership with Government for its multi-million dollar coal fired power project in Sengwa, Gokwe North, as the firm seeks...

Zimplats’ US1,8bn investment strategy remains on course

Platinum group-metals (PGMs) giant, Zimplats, says the implementation of its major projects under the US$1,8 billion investment strategy is progressing according to plan as...

Zim govt is plotting to strip state mine assets to hide from US$467m in legal claims, but there’s resistance from within

What do you do when your company has claims of close to half a billion US dollars against it? Strip its assets and hide...

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