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Search results: lithium

Prospect Resources eyes rechargeable batteries market

AUSTRALIA Stock Exchange (ASX) listed Zimbabwe lithium producer Prospect Resources, says it is well positioned to tap the rechargeable batteries market whose share of the lithium batteries market is projected to sky-rocket from the current 54...

Zim to explore previously untapped high value minerals

GOVERNMENT is moving to explore and expand the exploitation of the country’s previously untapped high value minerals including lithium and manganese that are driving the current world technology revolution.This comes as 60 percent of the country...

Madagascar emerging as global hub for battery-suitable graphite

If you haven’t seen the popular animated film franchise, you’d be forgiven for not knowing much about Madagascar, but that could be changing very soon. Graphite, as one of the most conductive materials, is set to...

Prospects reports loss of $4,135 million

PROSPECT Resources (Prospect) says it reported a loss after tax of $4,135 million during the half year ended December 31, 2018 compared to a $2,640 million recorded in previous period.The Australia Stock Exchange-listed firm said explorations costs...

Amnesty accuses electric vehicles makers of using unethically sourced minerals

Human rights advocate Amnesty International has accused the electric vehicle (EV) industry of selling itself as environmentally friendly while most of the batteries they produce use polluting fossil fuels and unethically sourced minerals.In a report published on Thursday, the...

Zim considering allowing small scale miners diversify operations

GOVERNMENT is considering allowing small-scale miners to diversify operations by participating in the production of semi-precious stones.Mines and Mining Development Deputy Minister, Engineer Polite Kambamura said this during a small-scale miners’ forum held in Bulawayo yesterday.“Our...

The Bikitaite mineral

Bikitaite was named for the type locality in Bikita in the Masvingo District of Zimbabwe.The only other locality for Bikitaite is in the United States at the Foote Lithium Co. Mine in North Carolina, USA. Bikitaite...

Top 10 opportunities available in Zimbabwe mining sector

THERE are plenty opportunities available in Zimbabwe’s mining sector that could be exploited by both local and foreign investors. By Keith Sungiso Zimbabwe has about 60 mineral occurrences, the major ones being diamond, platinum, gold, nickel, lithium, chrome...

Zim to scrap 51% mining ownership rules

Zimbabwean Finance Minister Mthuli Ncube said a rule requiring local investors to control platinum mines will be scrapped and foreigners will be allowed to own 100% in a bid to revive investment.“We are removing that indigenization...

Tax war won at cost

Last year it was the Democratic Republic of Congo. This year it is Zambia.Both African countries have driven through draconian changes to their mineral tax regimes, overcoming the entrenched opposition of some of the world's biggest...

Should EPOs be scrapped?

Last month Zimbabwe Miners Federation (ZMF) sent a letter to the Mines Minister, Winston Chitando. ZMF stated that they were against the application of Exclusive Prospecting Orders (EPOs) due to the fact that EPOs are against...

Oil demand to hit zero in 2030

By 2030, oil demand could hit a peak and then enter decline, according to a new report.For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According...

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