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Kuvimba Advances Talks with New Investors for Sandawana

Kuvimba Mining House (KMH) is closing in on a partnership with new investors for the Sandawana lithium resource as they target to commence concentrate production by the end of next year.By Patricia RwafaThe company, which is...

Zimbabwe Lithium Mine Set for Expansion Despite Tungsten Mine Impasse

Premier African Minerals, a London-listed company, has made significant progress at the Zulu Lithium and Tantalum Project, overcoming obstacles to achieve substantial milestones.By Patricia RwafaProduction of saleable spodumene concentrate is underway, with an upcoming upgrade promising...

Cluff Africa, Mutapa Forge Path to Develop Sandawana

Cluff Africa Ltd. has entered into a non-binding agreement with Mutapa Investment Fund to develop the Sandawana Lithium mine.The deal assigns Cluff a 45% share of licenses at Sandawana, according to founder Algy Cluff's statement, though...

RioZim Achieves 1% Production Increase Despite Major Shareholder Death

Zimbabwe Stock Exchange-listed diversified mining company RioZim, despite the loss of the company’s major shareholder’s representatives and four executives in a fatal plane crash, recorded a 1 per cent increase in gold production during the year...

Bilboes to Triple Caledonia Production

Victoria Falls Stock Exchange-listed gold-focused miner, Caledonia Mining Corporation, will soon file a preliminary economic assessment (PEA) showing that Bilboes can triple Caledonia's production to over two hundred thousand ounces.According to Caledonia's CEO, Mark Learmonth, despite...

High Electricity Tariffs, Outages Choking Mining Industry, Gono

Chamber of Mines President Thomas Gono has said that the mining industry in Zimbabwe is grappling with significant challenges due to high electricity tariffs and frequent outages.Speaking at the Chamber of Mines Annual Mining Conference 2024...

25% Forex Surrender is here to Stay – RBZ Governor

Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu has said that the 25% forex surrender requirement imposed on revenue generated from all mineral exports will remain in effect, emphasizing its crucial role in maintaining foreign...

75/25 foreign currency retention policy impeding mining sector growth

It is crucial to protect miners from losses stemming from the nation's unstable monetary policies, which expose them to foreign exchange risks.By Rudairo MapurangaThe current 75/25 foreign currency retention policy is impeding the growth of the...

How Kuvimba Plans to Develop to World-Class Mining Operations

Kuvimba Mining House (KMH) is setting ambitious goals in the mining industry, aiming to transform its operations into world-class enterprises.By Rudairo MapurangaActing Group CEO Trevor Barnard has been at the forefront of articulating this vision, emphasizing...

Only Four Companies Submit Lithium Beneficiation Plans – Government Extends Deadline

The government of Zimbabwe, through the Ministry of Mines and Mining Development, has extended the submission deadline for beneficiation plans from lithium producers by two months. This decision comes after receiving only four proposals from large-scale...

ZiG gains 0.2% to 13.53 per US dollar

Less than a week after its launch, the Zimbabwe Gold (ZiG) has gained against the United States Dollar by 0.2%, making it one of the strongest currencies in Southern Africa.The ZiG currency is expected to address...

Zim introduces another new currency, the”ZiG”

The new Reserve Bank of Zimbabwe (RBZ) governor Dr John Mushayavanhu today unveiled the new structured currency, the "ZiG".Patricia RwafaAddressing the country, Mushayavanhu said the ZiG is a "structured currency". He said unlike typical fiat money,...

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