Govt co-opts small-scale lithium miners
THE Government says it has made provisions for small-scale miners to participate in the exploitation of lithium, a globally sought-after mineral regarded as the “New Oil”, given its growing use … Read More
Category: Mining
Bravura’s lithium mine to come online in 2025
The Bravura Consortium, led by Nigerian businessman Mr Benedict Peters, expects its lithium project in Kamativi, Matabeleland North Province, to commence production next year after the manufacture of the plant … Read More
Stanbic avails US$100 million for mining projects
FINANCIAL services institution, Stanbic Bank Zimbabwe pumped S$100 million towards the mining sector in 2023, demonstrating its unwavering commitment to support Zimbabwe’s economic growth. The bank’s chief executive, Mr Solomon … Read More
Caledonia mine to raise $309m for gold project
CALEDONIA Mining Corporation says the peak funding requirement for its Bilboes Gold Limited project in Matabeleland North province is estimated at US$309 million. The bulk of the funding will be … Read More
Bilboes sulphide project to triple Caledonia production
CALEDONIA Mining Corporation Plc has announced that its Bilboes Sulphide Gold Project has undergone a preliminary economic assessment, revealing that the project has a high-quality mid-scale asset profile, which can … Read More
PGMs earn Zim US$2,1bn in 2023
THE Platinum Group Metals (PGMs) industry remains a significant contributor to Zimbabwe’s economy after generating US$2,1 billion from exporting the precious metals last year. This was despite the impact of … Read More
Growing demand for key minerals boon for Africa
Global demand for critical minerals is projected to grow three-fold by 2040, presenting a strategic opportunity for African producers including Zimbabwe to increase output and the development of untapped mineral … Read More
Local PGMs producers ink deal
PLATINUM group metals (PGMs) producers will utilise excess capacity at Zimplats for toll treatment in a move set to grow the sector, a Cabinet minister has said. There are three … Read More
Mineral revenues seen falling 4% to US$5 billion
ZIMBABWE’S mineral revenues are likely to drop by 4% to US$5 billion this year due to weak commodity prices among other challenges, Chamber of Mines Zimbabwe (CoMZ) president Thomas Gono … Read More
Multi-faceted approach answer to restoring mining sector viability – Chitando
MINES and Mining Development Minister, Winston Chitando, says the restoration of the viability of mining operations in Zimbabwe demands adoption of a multi-faceted approach that addresses both short-term challenges and … Read More
