Tag: zimbabwe mining news
Oil and gas deal strategic: President
Government has made considerable progress in delivering on developmental projects and other election promises outlined in its manifesto despite disruptions caused by the coronavirus...
Illegal gold panners unleash reign of terror in Mat South, Mberengwa
GOLD panners have unleashed a reign of terror in Malungwane Village in Umzingwane District, Matabeleland South attacking villagers with axes, machetes and knobkerries.The development...
Gold exports at their lowest since November
Zimbabwe recorded its lowest monthly exports in nine months after January export earnings amounted to just US$282,9 million with gold exports at their lowest...
Power play: How Zimbabwe binned an American energy firm because it was owned by ex-US Secretary of State
The Zimbabwe government in 2015 rejected the winner of a tender to install a 200MW diesel power plant because the company is part-owned by...
Export surrender review sinks miners
Zimbabwe miners say the increase in the export surrender requirement to 40% is hurting production, resulting in serious shortfalls as they battle to sustain...
Eureka conduct first blast to signal reopening
The first open pit blast has been successfully detonated at Eureka Gold Mine ahead of production resumption, Dallaglio Investments have said.Reconstruction works at the...
Exploration boom in West Africa challenged by lack of services
The West African mining industry has seen significant fundraising activity since October last year, driven by higher metal prices and the need to meet...
Invictus Enenrgy on capital raise
Australia Stock Exchange (ASX) listed and Zimbabwe-focused oil and gas exploration junior, Invictus Energy, has requested a suspension of trading in its shares ahead...
US$67m Blanket Mine Central Shaft project ready for commissioning
CALEDONIA Mining Corporation has injected US$67 million using internal cashflow initiatives into Blanket Mine’s five-year Central Shaft sinking project, which is due for commissioning...
Prospect Resources fundraises for Arcadia lithium
Prospect Resources — developer of the Arcadia lithium project near Harare — has begun discussions with financiers to unlock funding for the staged development of a petalite pilot...
Zim not ready for many gold refiners
THERE are no compelling reasons yet for Zimbabwe to increase the number of gold authorised refiners because its bullion output still falls far short...
Royalties, cash import costs fuel gold smuggling
Fidelity Printers and Refiners (FPR) is paying artisanal and small scale miners on the spot gold at prevailing world prices but deducting royalties and...
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