Search results: Prospect Resources

John Teeling, the millionaire Irish businessman with interests in AIM-listed explorer Botswana Diamonds, says he sees “glimmers of hope” in Zimbabwe where he is in a joint venture with Vast Resources to mine Marange diamonds.The operation...

Confidence among mining executives in Zimbabwe has dipped further this year, hit by worries over power cuts, the foreign currency crisis and an uncertain policy outlook, a new industry survey shows.The Mining Business Confidence Index (MBCI),...

Last week the Minister of Mines and Mining Development unveiled a strategic roadmap for the mining sector, hinged on creating US$12 billion revenues by 2023.Of course, thinking long-term is a welcome departure from the short-term focus...

Zambia’s entire economy depends on copper and cobalt for survival since privatisation in the early 90s, the mining sector in Zambia has attracted Canadian, Chinese, Indian, Australian and American mining companies.Rudairo Dickson MapurangaFor over two last...

The artisanal and small scale mining industry is on an upward trajectory in Zimbabwe and is estimated to be supporting over 1,5 million Zimbabweans. As a fairly new industry, it is faced with a myriad of...

Power decentralization is a major approach that the Zimbabwean government should consider so as to desist from heavily depending on SAPP for power imports whilst it has the capability of generating surplus power, rather expenditures must...

The mining sector in Zimbabwe has been predicted to be the economic resuscitator of the once giant economy in Africa.By Rudairo Dickson MapurangaThe president of Zimbabwe is optimistic that the mining sector will take a leading...

The mining sector in Zimbabwe is now being driven mainly by young people. This new generation is now taking over from the likes of popular David Murangari, Winston Chitando among others who are now approaching their...

ONE Gas Resources, the exploration partner of Invictus Energy Ltd in Zimbabwe’s Muzarabani district, expects drilling to begin in the second half of next year, targeting an estimated 1.3 billion barrels of oil equivalent and about...

Zimbabwe sits on bountiful and lucrative deposits of minerals known as rare-earth elements (REE), some of which sell for more than US$1 000 for a single kilogram and where investors are seeking alternative sources to China,...

The government of Zimbabwe has been urged to urgently implement the extractive industries transparent Initiative (EITI) by the Zimbabwe Environmental Law Association (ZELA) to promote openness and accountability.In a petition, Zela and different stakeholders said they...

Zimbabwe Mining is beginning to recover after decades of isolation caused by the draconian laws of indigenisation that had the “jewel of Africa” be labelled as a no-go area for investment. As the current President took...