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Zim’s Energy Sector Potential, Investments To Drive Agenda at Cape Town’s African Energy Week

ZIMBABWE represents an exciting new frontier, with recent exploration activities leading to strong indications of significant oil and gas prospects. The country has no proven hydrocarbon reserves and derives its energy primarily from hydropower and coal, along...

Zimbabweans: Surrounded By Mineral Riches, But Living In Poverty

ZVISHAVANE: In the mining town of Zvishavane, in central Zimbabwe, lies Maglas, an aging, broken-down community burdened with crumbling houses. The town’s lack of water and ablution facilities leaves a pervasive stench of feces and urine. In...

Premier completes new tungsten project mine plan

ZIMBABWE-focused and diversified mining group, Premier African Minerals, has announced the completion of a new conceptual mine plan for its RHA tungsten project in Matabeleland North province.The new conceptual mine plan is based on a revised...

Sibanye-Stillwater to acquire Eramet’s nickel processing facilities in France

Sibanye-Stillwater (JSE: SSW and NYSE: SBSW) announced that it has entered into an exclusive put option agreement with French mining group Eramet SA for the acquisition of 100% of the Sandouville nickel hydrometallurgical processing facility, located...

Prospect identifies rare earth elements deposits

AUSTRALIA-LISTED mining concern, Prospect Resources, says it has identified significantsized rare earth elements (REE) anomalies at its Chishanya Carbonatite project in Buhera District, Manicaland.REE refers to a group of 17 chemically similar elements, including the 15...

Value addition will unlock Zim’s export potential

THE ongoing efforts by the Second Republic towards structural transformation from an exporter of predominantly primary products to value-added products will unlock the export potential of the country.First, the National Development Strategy 1, launched by President...

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...

Prospect Resources to takeover Farvic’s stake in Acardia

Australia Stock Exchange-listed mining junior Prospect Resources has initiated the takeover of Farvic Consolidated Mines’ equity stake in Arcadia mine increasing its shares to 87 per cent from 70 per cent. Rudairo Mapuranga Earlier this year, the company...

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...

Padenga pours US$50m into gold mine

VICTORIA Falls Stock Exchange (VFEX) listed company, Padenga Holdings Limited, has invested US$50 million in Eureka Gold Mine with the Guruve-based mining project set for opening this month.Eureka was forced to shut operations after running into...

Cabinet approves six copper projects

CABINET has approved the Greater Chinhoyi Copper Development Programme which is set to contribute to the US$12 billion mining economy by 2023.The Government has recognised the mining industry as one of Zimbabwe’s major economic sectors to...

Is copper on the rebound as new fuel?

As global copper prices continue firming and demand of the commodity likely to surge on massive capital expenditure on the green projects, Zimbabwe has set sights on resuming copper production by 2023, a Cabinet minister said...

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