Search results: zesa

Shamva Mine is currently operating as an underground mine and employs innovative Sublevel Open Stoping mining methods that are tailored to the geometry of the ore body.Sublevel Open Stoping is a mining method that is known...

The Chamber of Mines Zimbabwe (CoMZ) is a reputable organization that represents the mining industry in Zimbabwe. The Chamber's President, who is at the forefront of the organization, plays a pivotal role in championing the sector's...

The Zimbabwe Mining sector is set to experience a surge in demand for electricity, as it requires in excess of 2,000 MW in the next three to four years, a 344% increase compared to current needs...

The Competition and Tariff Commission (CTC) has granted conditional approval for Sinomine (Hong Kong) Rare Metals Resources Co to acquire Bikita Minerals.Priscah ChisaraThe commission was informed in February 2022 that Africa Minerals (Afmin) and Amzim Minerals...

RioZim Limited (RioZim) says power supply challenges remain a key risk to the sustainability of its operations. Despite the company putting in place diesel generators to lessen production stoppages, in its trading update for the third quarter...

Tharisa is in talks with French energy company Total Eren for a 300MW solar plant for Karo Platinum, a new mine being developed near Selous.Land has been allocated for the solar farm and the company will...

CURRENT liabilities at the listed multi-asset resource outfit, RioZim, barrelled over current assets by $13 billion during the half-year to June 30, 2022, financial statements showed, as terrified authorities feared the firm could collapse. Firms sitting on...

The establishment of the Zimbabwe Electricity Contractors and Suppliers Association (ZECSA) has been commended by the energy industry as a gesture that will help improve and implement standards in the energy and power sector.Rudairo MapurangaSpeaking at...

Zimbabwe Stock Exchange-listed diversity miner, RioZim limited's workers have threatened to apply for the placement of the company and its subsidiaries under corporate rescue as they deem the group to be under financial distress due to...

RioZim Limited’s Chakari-based mine, Dalny mine, has been without power for over half a year due to a huge electricity debt, it has been revealed. Rudairo Mapuranga There have been reports that RioZim has been struggling to pay...

As Zimbabwe prepares to commission two electricity generators at the Hwange thermal plant in the next few months, concerns have been raised over the capacity of coal producers to adequately meet demand in light of unviable...

ZIMBABWE has paid an excess of US$1,2 billion towards power imports in the last 10 years amid calls by the power utility, Zesa, for Government to consider channelling these resources to facilitate the offtake of new...