Search results: Makomo Resources

MATABELELAND North is poised for major economic transformation with President Mnangagwa expected to visit Hwange where he will officially open South Mining New Coking Project and tour other coal mining companies on Thursday and Friday.The President...

Progress on the development of coking coal projects in Hwange District is being slowed down by the Covid-19 pandemic as equipment and skills needed to implement the projects are locked-down outside the country.Benard RinomhotaSome of the...

CONSTRUCTION of a US$10 million 300MW power plant by Zimbabwe ZhongXin Electric Energy (ZZEE) in Hwange, Matabeleland North Province is underway with the first phase of the project expected to produce 50MW by October this year.ZZEE...

Coal Producers Association is seeking permission from monetary authorities to sell its coal to ZESA Holdings in foreign currency as the power utility is billing exporters in forex for electricity consumption.The Reserve Bank of Zimbabwe (RBZ)...

ZIMBABWE is a host of 60 different types of minerals, 40 of which have been historically exploited to various extents.By Dumisani NyoniHowever, production since 2000 has been dominated by about ten minerals which are gold, platinum,...

Despite the continued challenges being faced by the mining sector, some mines have managed to defy odds by consistently churning out positive results both for shareholders and the nation in general.During the course of the year,...

Zimbabwe’s coal producers are making a push to be partly paid in foreign currency by ZESA after the Reserve Bank of Zimbabwe (RBZ) recently directed the State-owned power utility to bill exporters in hard currency, an...

TWO coal mining companies are set to commence production next year in Hwange, in a development likely to boost guaranteed coal supplies to Hwange thermal power plant.Coal intake at the power station will significantly increase when...

State Power utility, Zesa Holdings, may be forced to stop generation at the Kariba Hydroelectric Plant as water levels have plummeted to critical levels, Business Weekly can reveal. This publication also recently carried a story of...

THE Zimbabwe Power Company (ZPC) plans to invest in coal production to feed its thermal plants as it is unhappy with existing coal mining companies who are failing to meet demand. ZPC head of operations, Engineer Kenneth...

COAL production in Zimbabwe is anticipated to leap to 15 million tons next year as new producers come on stream while existing ones are also expected to raise their output, a Cabinet Minister has said.Zimbabwe boasts...

THE skewed pricing structure and the acute foreign currency shortages in the market have crippled the operations of coal miners, lowered production and could lead to a shut down of operations, businessdigest has learnt.The developments could...