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Bravura to spend over $50m to explore for platinum in Zimbabwe
Bravura Consortium will spend more than $50 million to explore for and mine platinum in Zimbabwe, the Southern African country's mines minister said on Friday, after both parties signed the agreement.Zimbabwe is seeking to quickly exploit...
Chitando, Bravura sign a $50million Platinum deal
BRAVURA Consortium will spend more than $50-million to explore for and mine Platinum in Zimbabwe, the Minister for Mines and Mining Development, Winston Chitando said yesterday after both parties signed the agreement.
Zimbabwe is seeking to quickly exploit its reserves...
Zimbabwe Mining in 2024 – a quick overview
The mining sector remains the backbone of Zimbabwe's economy, contributing significantly to GDP and export revenues.By Rudairo MapurangaIn 2024, the Zimbabwe mining sector solidified its position as the most crucial industry, accounting for approximately 12% of...
Implats Warns of Platinum Project Risks Amid EV Shift & Price Slump
Impala Platinum (Implats), a significant player in Zimbabwe’s platinum industry through its ownership of Zimplats and Mimosa mines, has expressed concerns about the future of new platinum projects due to a slump in prices and the...
Kamativi’s Lithium Paradox: A Mystery to Its Own Communities
While lithium is critical to the green energy revolution, ensuring emissions are drastically reduced and emerging as a vital energy source alongside other minerals, communities in Kamativi remain largely unaware of lithium's role in this transition....
Selous PGM Project Feasibility Study Indicates at least 35 Years LOM
Bravura Group expects a life of mine (LOM) exceeding 35 years at its Selous Platinum Group Metals (PGM) project.The Selous PGM project is set to be one of the largest platinum projects in the country and...
PGM Future, Softening Prices, Resource Depletion, and Industrialization Highlighted at PGM Indaba
The afternoon session of the Chamber of Mines of Zimbabwe's Annual General Meeting (AGM) 2024 witnessed a robust discussion on the future of the platinum group metals (PGM) industry.Leading the plenary on "Update of PGMs Operations...
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 them under another company.Internal documents obtained by newZWire reveal how the Zimbabwe government plans...
Miners engage govt over headwinds
Zimbabwe’s mining industry is engaging the government over the volatile operating environment which has pushed most of the resources firms to the brink.The multibillion dollar industry, projected to grow by 8% this year, is the country’s...
Govt focuses on private sector-led mining growth
The Mines and Mining Development Ministry budget allocation of $3 billion, approximately US$3 million at last auction rate, points to the Government’s desire for a private sector-led mining sector growth.The sector is estimated to grow 3,4...
Strides made towards achieving US$12 billion mining industry by 2023
IN his 2021 mid-term budget and economic review, Finance minister Mthuli Ncube revealed that the mining sector has made huge strides towards achieving the US$12 billion mining industry by 2023, with a number of projects having...
New investments boost platinum output
Local platinum production continues to rise on the back of sustained investments in capacity by producers over the years.The country’s major producers — Zimplats, Unki and Mimosa — are expanding operations, while the new project, Great...