Prospect defers takeover deal
AUSTRALIAN Lithium miner, Prospect Resources, says it has deferred a planned takeover of Farvic Consolidated Mines’ equity stake in Arcadia mine to the end of this year. Under the agreement … Read More
Category: Mining
Bid to end policy inconsistencies in mining
POLICY inconsistencies have been identified as one of the contributing factors to corruption in the mining sector. According to the African Growth Initiative, Zimbabwe is estimated to have lost around … Read More
Zimplats revenue jumps to US$675m
ZIMBABWE’S largest platinum group of metals (PGMs) producer, Zimplats Holdings Limited, has recorded a 79 percent increase in sales revenue for the half year ended December 31, 2020 after receipting … Read More
Premier targets new funding for Zim lithium project
Following its recent appointment of New York-based EAS Advisors LLC (EAS) as its United States corporate adviser, diversified mining firm Premier African Mineral, says it is looking to raise new … Read More
Mid-term policy review to clear mining misconception
Government says the legal clarity needed to clear the misconception created as a result of an amendment to the Indigenisation and Economic Empowerment Act (Chapter 14:33) (IEE Act), will be … Read More
Fidelity granted order over gold mine
FIDELITY Printers and Refineries has been granted an interim order by the High Court, blocking hooligans that had invaded a gold mine it owned in the Midlands and reversing the … Read More
Virtual mining platform launched
Zimvestmining.com yesterday launched its platform that provides local stakeholders in the mining sector and potential foreign investors a virtual market place, which is also expected to enhance ease of doing … Read More
Chinese firm invests US$80m in coke oven
Chinese company, Tutu, will invest US$80 million in building a coke oven battery in Hwange as it targets export markets for coke products, it’s director Mr David Zou said yesterday. … Read More
Govt, miners plan weekly meetings
The Ministry of Mines and Mining Development would hold weekly meetings with the Zimbabwe Miners Federation (ZMF) representatives with the view to addressing challenges facing small-scale miners in the country. … Read More
Fidelity, minister clash over mine
FIDELITY Printers and Refineries (FPR), a subsidiary of the Reserve Bank of Zimbabwe (RBZ), has taken the Minister of Mines and Mining Development Winston Chitando to the High Court over … Read More
