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Goldman sees copper price “breakout”, risk of “extreme scarcity episode”
After a 26% rise in 2021, copper prices have struggled for direction this year. On Thursday, March futures made another attempt to find higher ground, jumping to $4.7085 a pound ($10,380 a tonne), only to give...
Chimanasa threatens mine with seizure
ZANU PF politburo member Patrick Chinamasa has threatened that the government will seize Redwing Mine in Penhalonga, accusing the owners of failing to run it.Launching a Zanu PF by-election campaign for Mutasa South constituency on Sunday,...
Lithium’s feast-or-famine future keeps EV makers guessing
Lithium’s vital role in electric-vehicle batteries means automakers, miners and investors are racing to figure out how much supply the world will need in the coming years — and also how much it’s going to get.
The...
Drive The Chinese Out – Mliswa
NORTON legislator Temba Mliswa has launched a scathing attack on Chinese nationals, describing them as bullies who have captured government and initiated grand looting of the country’s resources.
Speaking to journalists Wednesday, Mliswa said he wanted the...
TotalEnergies, CNOOC make final decision on $10 bln Uganda, Tanzania oil project
TotalEnergies (TTEF.PA) and its partner China National Offshore Oil Corporation have reached a deal with Uganda and Tanzania to invest more than $10 billion in developing crude oil production in East Africa, the French group said on...
Have we become a Chinese colony or equal trading partner?
CHINESE diplomats and companies’ unrestrained outbursts this week signalled how Zimbabwe’s foreign policy places the country at the mercy of big powers.Zimbabwe has placed so much faith on one world power for everything from foreign direct...
Gold’s diversity leads to rise in demand
The World Gold Council has released its latest Gold Demand Trends Report revealing that annual demand has recovered many of the covid-induced losses from 2020.Australia MiningDemand for gold reached 4021 tonnes for 2021, with the final quarter hitting...
Without Chinese help, Zim will be without electricity, internet
Ferrochrome producer Afrochine Smelting (Pvt) Ltd, has dismissed the Civil Society Statement on Chinese investment as racially motivated while agreeing with the Chinese statement that mocked the government of Zimbabwe for being inept.
Rudairo Mapuranga
The Chinese owned...
Chinese ready to buy Lafarge Zimbabwe
Holcim could sell its Zimbabwe unit, Lafarge, as part of the world’s largest cement company continuing sell-off of assets globally.Lafarge Zimbabwe is one of the country’s biggest cement companies, and has been increasing investment to take...
Chinese firm to explore for lithium in DRC
China’s Zijin Mining Group is hoping to tap into the Democratic Republic of Congo’s (DRC) lithium deposits by launching an exploration project in a partnership with state-owned firm La Congolaise d’Exploitation Minière (Cominiere).The joint venture, called Katamba Mining,...
Chinese firms bite back as resource fallout mounts
CHINA’S usually quiet multinationals, controlling substantial interests in Zimbabwe’s economy, threw away courtesy and diplomacy on Sunday, standing up to rebuff “deplorable and groundless accusations” made by the civil society.Twenty-seven Zimbabwean civic society organisations courted the...
CSOs red-flag Chinese projects
CIVIL society groups have expressed concern over Chinese business operations, saying they were causing unnecessary displacements and damaging the country’s ecologically sensitive sites.In a statement yesterday, the groups under the Centre for Natural Resources Governance banner,...



