Tag: zimbabwe mining news
Energy Challenges Sinking Zimbabwe’s Economy
The 2019 survey report by the Zimbabwe National Chamber of Commerce (ZNCC) on the impact of energy challenges on business paints a grim picture...
Unit of Russian energy giant in talks for stake in Zimbabwe’s lithium project, could buy bulk of output
Australian lithium developer Prospect Resources has signed a memorandum of understanding with Uranium One, the Canada-based unit of Russia’s Rosatom, that could see the...
Prospect Resources gets 5-year tax break on lithium exports
Zimbabwe will exempt Prospect Resources from paying a levy on unprocessed lithium from its planned Arcadia Mine for five years, which will cut the...
First diamonds from Angola’s new pipe to arrive mid-2020: Alrosa
Angola’s major new Luaxe diamond deposit may start trial mining in mid-2020 and could produce 1 million carats of diamonds worth $90 million in...
Coal producers demand forex payments
Zimbabwe’s coal producers are making a push to be partly paid in foreign currency by ZESA after the Reserve Bank of Zimbabwe (RBZ) recently...
Two new coal miners for Zim
TWO coal mining companies are set to commence production next year in Hwange, in a development likely to boost guaranteed coal supplies to Hwange...
Mineral exports seen higher in 2019
Zimbabwe’s mineral exports, excluding gold and silver exports, are projected to climb 6 percent above prior year earnings to over US$1,8 billion after sales...
Gang shoots, robs gold buyer
An employee of a registered Bulawayo gold buyer cheated death after a six-man gang armed with an AK rifle shot him on both legs...
Four miners feared dead in Esigodini
FOUR miners are feared dead at Esikhoveni Mine in Umzingwane District – Matabeleland South Province after a make shift shelter they were living in...
Industry experts speak on fuel, electricity challenges
Economists and industrialists have expressed mixed reactions over the prevailing fuel and energy supply instability, which has seen economic productivity slowing down.The fuel shortages,...
Miner killed at Epson mine
A small-scale miner Mr Pilot Chigora aged 41 was killed when a block he and his colleagues were working on fell hit him from...
Army grabs Omani tycoon’s properties over DRC deal
THE military seized various properties belonging to mega-rich Omani businessman Thamer al Shanfari as a result of a fallout emanating from a diamond mining...
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