Zimbabwe rescues all 15 trapped miners alive

Rescuers on Sunday pulled out all 15 subsistence mine workers who were trapped in an underground shaft at Redwing mine in Zimbabwe after it collapsed on Thursday, a government spokesman said.

Zimbabwe orders lithium miners to submit refinery plans by March 2024

Mining News Pro - Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to benefit from growing demand for the clean energy mineral, Finance Minister Mthuli Ncube said on Thursday.

Zimbabwe lithium export earnings treble as projects take off

Mining News Pro - Zimbabwe earned $209 million from lithium exports in the first nine months of 2023, nearly treble last year’s earnings, Mines Minister Zhemu Soda said on Wednesday, as Chinese-driven mining and processing projects take off.

Caledonia explores funding options to build Zimbabwe’s biggest gold mine

Mining News Pro - Caledonia Mining Corp is exploring options to raise $250 million needed to develop its Bilboes project into what could be Zimbabwe’s biggest gold mine.

Huayou commissions $300 million Zimbabwe lithium plant

Mining News Pro - Zhejiang Huayou Cobalt on Wednesday commissioned a lithium concentrator in Zimbabwe as it seeks to consolidate its position as one of the world’s top battery materials producers.

Impala Platinum’s Zimbabwe unit eyes expansion into lithium

Mining News Pro - Impala Platinum Holding Ltd.’s Zimbabwe unit is considering expanding into other metals, including lithium.

Sinomine suspends Zimbabwe lithium ops over authorities’ concerns

Mining News Pro - China’s Sinomine Resource Group’s Zimbabwe lithium unit on Monday said it had halted operations for a week after unspecified administrative concerns raised by the authorities.

Zimbabwe’s digital currency plan needs $100 million of gold

Mining News Pro - Zimbabwe needs $100 million of gold to kick-start its proposed bullion-backed digital currency, as the southern African nation makes another attempt to stabilize its floundering dollar.

Zimbabwe to introduce gold-backed digital currency

Mining News Pro - Zimbabwe will soon introduce a gold-backed digital currency meant to stabilize the local unit from its continued depreciation against the dollar, state-run Sunday Mail reported, citing central bank governor John Mangudya.

Zimbabwe to investigate gold-smuggling allegations

Mining News Pro - The government of Zimbabwe has broken the silence around allegations of gold smuggling and money laundering exposed in an Al-Jazeera documentary last month, saying on Tuesday that it will launch an inquiry into the claims.

Zimbabwean president says more investments welcome in mining sector

Mining News Pro - Zimbabwe welcomes more investors to take up opportunities in the exploration, extraction, and beneficiation of natural resources in order to maximize the value of its vast mineral wealth.

Zimbabwe signs agreement with Tsingshan to set up lithium operations

Mining News Pro - Mnangagwa and Tsingshan’s founder, Chinese tycoon Xiang Guangda, oversaw the signing of an outline agreement for Tsingshan’s planned expansion projects in Harare on Tuesday.

Zimbabwe wants half of royalties paid in gems

Mining News Pro - Zimbabwe wants gold, diamond and platinum miners to pay half of their royalties to the government in the commodities themselves and the rest in cash, as the southern African country seeks to build its mineral reserves.

Alrosa discovers 22 new diamond deposits in Zimbabwe

Mining News Pro - Russian miner Alrosa PSJC has discovered 22 new diamond deposits in Zimbabwe, according to the southern African nation’s president, Emmerson Mnangagwa.

Caledonia Mining to buy one of Zimbabwe’s largest gold projects

Mining News Pro - Caledonia Mining Corporation (LON: CMCL) is set to be the new owner of one of Zimbabwe’s biggest gold mining projects after agreeing to acquire Bilboes Gold Limited, owner of the namesake gold project, in a $53 million shares deal, plus a royalty on revenues.

Russia stake in biggest Zimbabwe platinum project deters backers

Mining News Pro - Zimbabwe’s biggest platinum project, struggling to get off the ground for the past two years has a new challenge. A major stake held by a Russian tycoon is scaring off potential financiers for the $3 billion mine, people with knowledge of the matter said.

Zimbabwe mines see $10 billion funding shortfall over five years

Mining News Pro - Zimbabwe’s mining industry sees a funding shortfall of $10 billion over the next five years, a challenge compounded by erratic power supplies and exchange-rate volatility.

B2Gold weighs acquisition of gold assets in Zimbabwe

Mining News Pro - B2Gold Corp., the Canadian company that owns mines in Africa and the Philippines, is interested in acquiring gold assets in Zimbabwe.

Zimbabwe plans to register gold miners to curb smuggling

Mining News Pro - Zimbabwe is drafting legislation which will compel small-scale gold miners to register their operations as the southern African nation seeks to curb gold smuggling according to John Mangudya, central bank governor.

Mystery of sanctioned tycoon's assets in Zimbabwe revival plan

Mining News Pro - In December, the government of Zimbabwe announced a multibillion-dollar project called Kuvimba Mining House that would hold some of the nation’s most valuable gold, platinum, chrome and nickel mines and whose revenue would be used to revive the country’s moribund economy.

Zimbabwe says China`s Tsingshan to build iron ore mine

Mining News Pro - China`s Tsingshan Holding Group is set to start developing an iron ore mine and a carbon steel plant in Zimbabwe from May, the African country`s information minister said late on Tuesday, three years after the firm first announced the investment deal.

Zimbabwe miners say foreign-exchange rule could trigger crisis

Mining News Pro - Mining companies in Zimbabwe said a central-bank requirement compelling them to surrender more foreign exchange earned from mineral exports will push their operations to the brink.

Zimbabwe seeks to list company holding State mining assets

Mining News Pro - Zimbabwe, banking on mining to end two decades of economic stagnation, plans to list the company in which it has placed state mining assets to raise cash to meet government obligations, the nation’s finance minister said.

Zimbabwe gold deliveries tumble nearly a third to 19 t in 2020

Mining News Pro - Gold sales to Zimbabwe`s sole buyer and exporter of bullion Fidelity Printers and Refiners (FPR) fell 31% to 19 t last year after lower deliveries from small-scale miners, official data showed on Monday.

Zimbabwe bans use of mercury in mining

Mining News Pro - Zimbabwe has banned the use of mercury in mining and placed controls on its release from industrial operations, joining several countries that have phased out the toxic metal, state media reported on Tuesday.

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