Search results: Bravura

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...

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...

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...

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...

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...

CONSTRUCTION of Afrochine Dinson Colliery’s coking coal and coke oven battery projects in Hwange under the first phase is now complete with the US$30 million investment creating 300 jobs.   In April, the company announced that it had...

Revenue from Zimbabwe’s platinum sector is expected to exceed US$3bn by the end of next year, driven by new projects that are expected to take off at the end of this year and the beginning of...

The Zimbabwean government last week approved two new mining agreements with two companies targeting gold and coal bed-methane production.Information, Publicity and Broadcasting Services Minister, Monica Mutsvangwa said the gold mining project involved Bravura Zimbabwe while the...

Zimbabwe’s platinum miners will engage a consultant to give advice on the establishment of a base metal refinery by 2025 and a precious metal refinery by 2027 to process platinum from all the country’s platinum mines.The...

Bravura Holdings has $1-billion available for the development of a platinum mine in Zimbabwe, its country manager said. The 3 000 ha concession where it plans to dig the mine is in Selous, 80 km south of...

Following close to one and half decade search for investors, state-owned Zimbabwe Mining Development Corporation (ZMDC) has finally secured equity partners for most of its mining assets.ZMDC, the holder of vast mineral resources including platinum, gold,...

Minister of Mines and Mining Development, Winston Chitando has given a mining progress report to the house of assembly in which the government has aspirations to achieve the $12 billion by 2023  and also the possible...