VFEX lures small-scale miners
THE Victoria Falls Stock Exchange (VFEX) says it is working on a framework that will guide listing by small-scale mining companies at the foreign currency denominated bourse. The VFEX, which … Read More
Category: Mining
Lithium mine targets exports by December
Prospect Resources PLC, developer of the Arcadia lithium project near Harare, intends to commence lithium sample shipments in the second half of this year, when it completes an accelerated staged … Read More
Caledonia pays another dividend, opens Zim’s deepest shaft
Caledonia Mining, which counts Zimbabwe based Blanket Mine as its biggest asset, is bullish about its earnings prospects in the years ahead and this week announced another increase in its … Read More
Mining group initiates feasibility study for Mat South project
DIVERSIFIED and Zimbabwe-focused mining group, Premier African Minerals has initiated a definitive feasibility study (DFS) and a funding strategy to be applied in future development of its Zulu lithium and … Read More
Muzarabani among top global oil/gas prospects
Zimbabwe’s Muzarabani oil and gas exploration project has made it to the list of this year’s Top Five oil and gas wildcat drilling compiled by leading global energy price, research … Read More
Botswana Diamonds prepares to re-enter Zim
Botswana Diamonds (BOD) says Zimbabwe is highly prospective and there are positive signs that the country is opening for business. The company is preparing to re-enter Zimbabwe and focus on … Read More
Rebate of duty on goods imported by a person engaged in the mining industry
ACCORDING to Section 120 (1) (b) of the Customs and Excise Act Chapter 23:02 as read with Section 113(1) of Statutory Instrument 154 of 2001 (General Regulations) there is a … Read More
Blanket mulls US$36m investment
GWANDA-BASED gold miner, Blanket says it is planning to invest US$35,8 million in plant maintenance and the implementation of its new underground operation called Central Shaft. The massive capital outlay … Read More
Diamond workers slam Labour Act violations
THE Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has decried casualisation of labour in the mining industry. The union last week said employees were being engaged for several years … Read More
First blast at Eureka as reopening nears
The first open pit blast has been successfully detonated at Eureka Gold Mine ahead of production resumption, Dallaglio Investments have said. Eureka Gold Mine is one of the several previously … Read More
