Search results: Prospect Resources

Ariana Resources has reported a 9% increase in the In-Pit Mineral Resource Estimate for its Dokwe Gold Project in Zimbabwe, bringing the total to 1.42 million ounces of gold. This update, supported by a refined geological...

Toronto Stock Exchange-listed exploration and development concern, International Lithium Corp (ILC), is preparing to announce the results of its exclusive prospecting orders (EPOs), valued at US$219,250, which will mark the beginning of its mining operations in...

In a major boost for Zimbabwe’s energy sector, the Environmental Management Agency (EMA) has approved the Environmental and Social Impact Assessment (ESIA) for Invictus Energy’s pilot production activities at the Cabora Bassa Project (Muzarabani), enabling the...

The mining industry, once envisioned as a key driver for achieving a US$12 billion industry by 2023, is now grappling with critical challenges that have left the country far short of its target. Despite efforts to...

Victoria Falls Stock Exchange-listed oil and gas exploration junior, Invictus Energy Limited, has successfully renewed its Special Grant (SG) 4571 licence. This allows the company’s 80%-owned subsidiary, Geo Associates, to continue oil and gas exploration activities...

In the 2025 National Budget, the Zimbabwean government introduced a series of new tax measures and royalty changes that will significantly affect the mining sector.By Ryan ChigocheThese measures, effective January 1, 2025, reflect the government’s commitment...

London Stock Exchange-listed mining and exploration junior, Kavango Resources, which has gold projects in Zimbabwe, has made a significant financial breakthrough by securing £10 million (US$13 million) as part of an expanded strategic financing package, Mining...

The mining sector remains the backbone of Zimbabwe's economy, contributing significantly to GDP and export revenues.By Rudairo MapurangaIn 2024, the Zimbabwe mining sector solidified its position as the most crucial industry, accounting for approximately 12% of...

Mberengwa District, located in Zimbabwe’s Midlands Province, is a treasure trove of mineral resources, offering exceptional opportunities for investment in the mining sector. The district boasts a wide variety of minerals critical to domestic industries and...

Invictus Energy Limited is close to finalizing the Petroleum Production Sharing Agreement (PPSA) for its Cabora Bassa Project in the Muzarabani-Mbire Basin, marking a key step in the company's transition from exploration to development following its...

The Geological Society of Zimbabwe (GSZ) Summer Symposium 2024 is set to be a pivotal event, showcasing the latest trends in geological exploration.By Ryan ChigocheThe symposium, which will take place on November 1, 2024, at the...

Australia Stock Exchange-listed Invictus Energy Ltd achieved a significant milestone, securing over 90% shareholder approval for several key resolutions during its October 2024 General Meeting, Mining Zimbabwe reports.By Rudairo MapurangaThe ratification of shares under Listing Rules...