Karo platinum project ramps up for 2027 output
CONSTRUCTION at the US$4,2 billion Karo Resources consolidated platinum project in Mhondoro-Mubaira is at an advanced stage, with full production…
Category: Mining
Caledonia raises US$125m for gold extraction projects
CALEDONIA Mining Corporation seeks to raise US$125 million through a convertible notes offering, which it will use to accelerate development…
Zimbabwean small-scale miners pledge 45 tonnes of gold to State refinery in 2026
Small-scale gold miners under the Zimbabwe Miners Federation (ZMF) have pledged to deliver over 45 tonnes of gold to the…
Government applauds progress at Karo Platinum
THE Government has expressed satisfaction with progress at the Karo Platinum Mine project in Mhondoro, describing it as one of…
Caledonia to raise US$125m from convertible debt security
CALEDONIA Mining Corporation has issued US$125 million worth of convertible senior notes (debt instruments) with an annual interest of 5,875…
Caledonia sets US$162,5m as capex for FY26
JERSEY miner, Caledonia Mining Corporation (Caledonia) has set capital expenditure at US$162,5 million for the year, with the majority going…
Kavango issues more than 74m new shares to Zim consortium
BRITISH miner, Kavango Resources Plc (Kavango) will issue more than 74 million new ordinary shares to Comarton Consultants (Private) Limited…
Gold panner in court for money laundering
A HARARE man appeared in court yesterday facing a charge of money laundering involving US$32 000. Ragayi Chipanga, who was…
Mine workers’ union contests RioZim High Court judgment
The Zimbabwe Diamond and Allied Minerals Workers union (ZDAMWU), has appealed a recent High Court judgment that dismissed its bid…
Caledonia says Finance Act adds clarity to mine viability
Caledonia Mining Corporation has said no amendments will be made to its Bilboes Gold Project Technical Report Summary following the…