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.
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Visit: 152
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.
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Visit: 120
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.
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Visit: 206
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.
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Visit: 169
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.
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Visit: 104
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.
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Visit: 167
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.
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Visit: 145
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.
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Visit: 160
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.
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Visit: 199
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.
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Visit: 140
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.
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Visit: 252
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.
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Visit: 288
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.
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Visit: 948
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.
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Visit: 696
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.
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Visit: 477
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.
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Visit: 879
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.
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Visit: 807
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.
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Visit: 669
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.
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Visit: 589
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.
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Visit: 463
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.
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Visit: 753
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.
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Visit: 917
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.
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Visit: 739
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.
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Visit: 586
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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Visit: 764