NEWS
Power play: How Zimbabwe binned an American energy firm because it was owned by ex-US Secretary of State
The Zimbabwe government in 2015 rejected the winner of a tender to install a 200MW diesel power plant because the company is part-owned by...
Export surrender review sinks miners
Zimbabwe miners say the increase in the export surrender requirement to 40% is hurting production, resulting in serious shortfalls as they battle to sustain...
Eureka conduct first blast to signal reopening
The first open pit blast has been successfully detonated at Eureka Gold Mine ahead of production resumption, Dallaglio Investments have said.Reconstruction works at the...
Exploration boom in West Africa challenged by lack of services
The West African mining industry has seen significant fundraising activity since October last year, driven by higher metal prices and the need to meet...
Invictus Enenrgy on capital raise
Australia Stock Exchange (ASX) listed and Zimbabwe-focused oil and gas exploration junior, Invictus Energy, has requested a suspension of trading in its shares ahead...
US$67m Blanket Mine Central Shaft project ready for commissioning
CALEDONIA Mining Corporation has injected US$67 million using internal cashflow initiatives into Blanket Mine’s five-year Central Shaft sinking project, which is due for commissioning...
Miners urged to join ZMF
Zimbabwe Miners Federation (ZMF) is calling for artisanal and small-scale miners to join the organization to benefit from the organizations' initiatives in an endeavour...
Botswana finds 11 diamonds at Thorny River project
Botswana Diamonds (LON:BOD) said on Monday it had recovered 11 diamonds and “abundant” kimberlitic indicators from drill samples at its Thorny River project in South Africa’s...
Iron ore price drops sharply on weak Chinese demand concerns
Iron ore prices tumbled on Monday, dragged down by concerns over weak demand for the steelmaking ingredients, as markets eyed the possibility of further...
ZESA: Sakunda tried to sell us ‘calamity’ Dema power plant for US$66m
ZESA rejected a proposal by Kuda Tagwirei’s Sakunda Holdings to buy the failed Dema diesel power plant for US$66 million, Parliament heard on Monday.Sakunda...
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