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Prospect invests US$1m in fresh Arcadia deal
ZIMBABWE-focused lithium outfit, Prospect Resources moved close to taking full control at its flagship Arcadia Mine on Friday, after scaling up shareholding to 87% in a deal worth just under US$1 million.The Australia Stock Exchange-listed firm...
High grade ore excites Arcadia MD
AUSTRALIA Stock Exchange-listed lithium miner, Prospect Resources says it has produced 25 kilogrammes of spodumene concentrate from core samples collected at Arcadia Mine, a world-class asset under development in Zimbabwe.Spodumene is considered the most important lithium...
Future of coal ‘bright’ in Zim
While Zimbabwe is committed to the global transition towards cleaner energy, amid growing calls for the adoption of such energy sources, the country says it has no immediate plans to dump its fossil fuel energy sources.Secretary...
CHART: Study predicts over 400% increase in copper, lithium, nickel battery demand
BloombergNEF has upped its predictions for annual demand for lithium-ion batteries by more than a third from its previous forecast on the back of expectations for rapid growth in the passenger vehicle segment.
BNEF predicts annual demand...
How gold is smuggled from Zimbabwe
A report by the International Crisis Group last year estimated that cash-strapped Zimbabwe is losing at least US$1.5 billion annually through the smuggling of gold, mainly to traders in Dubai and South Africa.By Dumisani NyoniThe figure...
Key funder under pressure to pull out of RioZim’s Sengwa project
The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by assets, has come under pressure to withdraw funding from Zimbabwe’s planned 2,800MW coal-fired power plant at Sengwa.This leaves what is potentially the country’s...
Global copper mine production up 3.7% in Q1 – report
The International Copper Study Group (ICSG) has released preliminary data for March world copper supply and demand in its June 2021 Copper Bulletin.
Data indicates that world copper mine production increased by 3.7% in the first three...
MMCZ marketing weak – Miners, mining professionals
Miners and Mining professionals on a highly interactive gemstone platform have blasted the MMCZ for poor marketing.Members of the platform are of the notion that weak marketing from the Mineral Marketing Corporation of Zimbabwe is stifling...
Global energy transition set to spark minerals boom
The global shift to clean energy is going to drive an unprecedented boom for critical minerals, according to the International Energy Agency (IEA), raising questions of supply and the overall environmental cost
(AF) Until the mid-2010s, the...
Government issues six-month ultimatum to granite miners
The government has issued a six-month ultimatum to all granite mining companies to come up with a beneficiation plan or risk losing their trading licences.There are several mining companies extracting granite in Mutoko district in Mashonaland...
Areas with Chinese projects more likely to experience protests
Chinese investment in Africa has helped spark economic growth and improve social outcomes across the continent. Yet Chinese projects often seem to go hand-in-hand with civil protests. We wanted to find out whether these were isolated...
Indigenous mining equipment suppliers, miners call for government protection
A proudly Zimbabwean machine engineering, steel fabrication, mining, farming, and lifting equipment company, Yagden Engineering has called on the government to support local mining equipment manufacturers and suppliers as this will reduce externalisation of funds as...



