NEWS

Zimbabwe’s coal projects hunt for new backers after China’s U-turn on funding fossils

RioZim, which had been banking on Chinese financing to build a major coal-fired power plant, says it is now looking for alternative backers as...

Mines see US$10bn funding shortfall

Zimbabwe’s mining industry sees a funding shortfall of US$10 billion over the next five years, a challenge compounded by erratic power supplies and exchange-rate...

Metals world agonizes over war but keeps buying from Russia

Last month, 13 copper-industry representatives at the London Metal Exchange were asked whether Russian metal should be blocked from its warehouses. Ten of them...

Tharisa plans to start platinum output in Zimbabwe in two years

Tharisa Plc, the South African miner run by the Pouroulis family, plans to start producing platinum in Zimbabwe within 24 months after acquiring a...

Zim readies for African diamond producers meeting

From being treated as a pariah in the global diamond industry in the not too distant past,the remarkable work that Zimbabwe has put in...

UK’s Red Rock Resources is the latest to seek a slice of Zimbabwe’s lithium assets

Red Rock Resources plc, a UK-listed exploration company, has acquired lithium claims in Zimbabwe and is setting up a lithium exploration unit in the...

Caledonia declares quarterly dividend

VICTORIA Falls Stock Exchange-listed Caledonia Mining Corporation says dividends continue to be a central part of its strategy as the mining firm seeks to...

10 Zimbabweans jailed for illegal mining in SA

TEN Zimbabwean men have been jailed for two years by a South African court after they were arrested for illegal mining activities in the...

Zimplats spends US$167 million in new mines

ZIMBABWE’S largest platinum producer, Zimplats, has spent US$166,9 million on the development and upgrade of Mupani Mine against an approved project budget of US$388...

Understanding theKimberly Process

THE Kimberley Process started when Southern African diamond-producing states met in Kimberley, South Africa, in May 2000 to discuss ways to stop the trade...

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