By Owen Mandovha THE production of lithium is set to boost the country’s economic fortunes towards attaining Vision 2030, with Huayou Cobalt having started construction of the US$300 million commercial…
Category: Mining
Vigilant Mine targets delivery of one tonne of gold annually
KWEKWE-based gold mining firm, Vigilant Mine, is targeting to deliver a tonne of gold to the national coffers annually by 2023, after successfully concluding a takeover bid that had affected…
Govt suspends five percent levy on raw platinum exports
By Stanley James, Business Editor THE government has suspended the five percent levy on raw platinum exports after miners presented their platinum beneficiation plans. After a series of meetings held…
Value addition of granite stones set to transform local economies
By ZBC Reporter A Chinese-owned firm is set to invest US$5 million into a cutting and polishing plant in Mutoko, a move which embraces government’s calls for granite companies to…
Seven feared dead after a mine accident in Colleen Bawn
By Providence Maraneli RESCUE operations at Bux Mine in Colleen Bawn, Gwanda, where seven miners have been trapped since Saturday are continuing, with Vumbachikwe still pumping water from the 240…
Muzarabani: Oil & gas exploratory drilling commences in July
By Owen Mandovha THE exploration of oil and gas in Muzarabani Basin is progressing well, with the actual drilling of wells expected to start in July. The Invictus Energy Oil…
Europe looking to get a million tonnes of coal annually from Botswana, says President Masisi
REUTERS-CAPE TOWN – BOTSWANA has been inundated with inquiries to supply coal to Europe and estimates that demand from Western countries could top a million tonnes a year, President Mokgweetsi…
Global scramble for metals thrusts Africa into mining spotlight
REUTERS-JOHANNESBURG-The need to secure new sources of metals for the energy transition has increased the Africa risk appetite for major miners, who have few alternatives to the resource-rich continent. Companies…
Australian mining firm gives thumbs up to Zim’s mining sector
By Stanley James, Business Editor AUSTRALIA-based mining firm, Prospect Resources Limited has described Zimbabwe as a better market for mining projects compared to other regional economies. Having been present in…
Zimbabwe steps up formalisation of artisanal miners
By Stanley James,Business Editor THE Parliamentary Portfolio Committee on Mines and Energy has recommended an accelerated formalisation plan of artisanal gold miners for them to contribute more to the sector…