NEWS

BREAKING: Gvt announces school opening dates

Cabinet says school will re-open on the 30th of August for examination classes and on the 6th of September for normal classes.This was revealed...

Higher metal prices to push exploration budgets up in 2022, says S&P Global

S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William...

Prospect Resources opens a race to fund its Zimbabwe lithium project

Prospect Resources, the Australian-listed company developing the Arcadia lithium mine in Zimbabwe, has opened bids for investors willing to fund the project.Prospect says it...

Prospect hunts for long-term funding partner

AUSTRALIA–LISTED mining concern, Prospect Resources, has started the process of finding a long-term partner for the funding and development of its flagship Arcadia Mine,...

Lack of mining statistics in Zimbabwe a course for concern

LACK of public access to relevant and accurate extractives (mining, oil and gas) information remains a major issue for Zimbabwe.Since the decline of the...

Mthuli: We may use half of IMF funds to shore up currency

Zimbabwe will use more than half of the US$961 million it has been allocated by the International Monetary Fund in the form of special...

Gold price back above $1,800 on deepening virus concerns

Gold prices rose above $1,800 per ounce on Monday after the US dollar retreated from multi-month highs, while investor concerns that the Delta coronavirus...

Iron ore price slump justified by improving supply, China steel control

Iron ore’s rapid retreat in recent weeks shows once again that price pullbacks can be as disorderly as the exuberance of rallies, before the fundamentals of...

US$1bn steel plant ready for take of

SEVERAL arms of Government in the Midlands Province say they are ready to smoothen the way for the birth of the US$1 billion Mvuma...

Zimbabwe to become an oil producer

Zimbabwe is in the process of becoming an oil producer with Australia Stock Exchange-listed oil and gas exploration firm Invictus Energy moving towards drilling...

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