Search results: Prospect Resources

INVICTUS Energy says it will invest between US$15 million and US$30 million towards drilling at least one oil and gas exploration well, likely before end of year, chairman Joe Mutizwa has said.Speaking during the signing of...

Government has made considerable progress in delivering on developmental projects and other election promises outlined in its manifesto despite disruptions caused by the coronavirus pandemic, President Mnangagwa has said.In his keynote address to the first session...

A Chinese man got access to a chlorite quartz mine and bought a local man, Mr Honamombe two loaves, local opaque beer “Super” as a token of appreciation.The incident that shook the local community took place...

Angola plans to boost diamond mining and open a new large mine in the east, aiming to produce 5.7 million carats there in 2023, or more than half of its total output last year, Mineral Resources and Petroleum...

Australian Stock Exchange-listed Invictus Energy has commenced rig sourcing aimed at kick starting the drilling of two wells at its Muzarabani Oil and Gas Project expected to commence this year.The miner has also selected its preferred...

HUNDREDS of villagers in the Dinde area, Hwange district in Matabeleland North are living in fear of eviction from their ancestral land to pave way for a Chinese coal-mining projectThis has attracted the interest of the...

VILLAGERS in Dinde area, Hwange are locked in stand-off with Chinese investors over the foreigners’ proposed coal exploration operations.The villagers want the operation stopped arguing the Chinese investors are in breach of Zimbabwe’s environmental and customary...

INVICTUS Energy, the Australia-Stock- Exchange (ASX) listed firm exploring for oil and gas in Zimbabwe’s Muzarabani area, has received an inter-ministerial approval for petroleum development and production agreement (PEDPA), which sets the terms and rights of...

The small-scale mining sector has of late become one of the pillars of the economy of Zimbabwe contributing significantly to national fiscus.Rudairo Dickson MapurangaThe small-scale gold mining sector contributes up to 12 percent of total exports...

There are fears that Zimbabwe will soon regret her potential to become one of the world's largest rare earth elements (REE) supplier if the issuance of  Exclusive Prospecting Orders (EPOs) continued to be delayed.Rudairo Dickson MapurangaThe...

(ATF) Prices of mainstream rare earths in China have been on a rapid rise this year. Wind data shows that as of January 13, the A-share rare earth index has risen nearly 12% in 2021. Thanks partly to a complete...

There must not be a debate on the granting of Exclusive Prospecting Orders (EPOs) because the basic concept of growing the mining industry is through mineral exploration, renowned Geologist Mr Kennedy Mtetwa has said.Rudairo Dickson MapurangaThe...