Business

Zimbabwe stockpiles 300,000 carats of diamonds – says RBZ governor

By Bloomberg The Reserve Bank of Zimbabwe has stockpiled 300,000 carats of diamonds under new regulations which compel miners to
Read More

Galileo Resources makes ‘high-grade’ lithium discovery at Zimbabwe’s Kamativi

By Agencies Galileo Resources PLC on Thursday said lithium analysis has confirmed the presence of lithium at its Kamativi project
Read More

Zimbabwe-focused gold producer Caledonia’s quarterly profit plummets amid higher costs

By Agencies Revenue flat at USD37.0 million. Production costs increase 43% to USD20.7 million from USD14.5 million. Net foreign exchange
Read More

Invictus completes seismic survey for Zimbabwe project

By Agencies Invictus Energy Ltd. has wrapped up seismic data gathering on Zimbabwe’s Cabora Bassa Basin, expecting deeper leads in
Read More

South Africa’s Impala Platinum misses production target amid power crisis

By Reuters South Africa’s Impala Platinum’s (IMPJ.J) refined platinum group metal (PGM) output declined 4% in the year ended June 30,
Read More

Mthuli Ncube reveals plans to clear Zimbabwe’s $13-billion foreign debt by the end of 2025

By The Daily Maverick Finance Minister Mthuli Ncube says Harare will do all it can to clear its foreign debt
Read More

Chinese investments boost lithium mining industry in Zimbabwe

By Xinhua HARARE: When Zimbabwe, a country in southern Africa rich in natural resources, seeks to capitalize on the global
Read More

Mnangagwa officially opens Contango’s Muchesu mine

By Agencies London-listed Contango Holdings’ Muchesu mine in Zimbabwe was officially opened by Zimbabwe President Dr Emmerson Mnangagwa on August 1.
Read More

Zimbabwe requests to join BRICS New Development Bank

By Xinhua HARARE: Zimbabwe has applied to join the BRICS New Development Bank (NDB), President Emmerson Mnangagwa has said. The
Read More

Zimbabwe eyes world No.5 lithium spot as Chinese investors boost capacity

By Reuters Chinese investors are boosting Zimbabwe’s lithium output Capacity seen up to 11% of global supply in five years
Read More