AFRICAN lithium developer, Prospect Resources, has signed a Memorandum of Understanding with Russian energy firm, Uranium One, for a 90-day exclusivity period to complete due diligence on Prospect and its… Read more »
THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has projected 9 percent growth in mineral exports for 2019, excluding gold and silver, to about US$1,8 billion compared to the same period… Read more »
ZIMBABWE has made major strides towards developing a methane gas fired power plant after preliminary exploration by Shangani Energy Exploration on its mining claims in Lupane proved the existence of… Read more »
A CREDIT Guarantee Fund has been established to cushion non-gold mining projects across the country from the effects of fluctuating commodity prices and high operational costs. Minerals Marketing Corporation of… Read more »
Government’s strategy to identify, quantify and produce bankable prospectus to mineral rich claims through the issuing of Exclusive Prospecting Orders (EPOs) has gotten the buy-in of small-scale miners some of… Read more »
The glut that’s depressing the diamond market will last another year, according to industry consultant Bain & Co. The inventory backlog will probably be cleared in the beginning of 2020,… Read more »
TWO coal mining companies are set to commence production next year in Hwange, in a development likely to boost guaranteed coal supplies to Hwange thermal power plant. Coal intake at… Read more »
BINDURA Nickel Corporation (BNC) says its net profit for the half-year ended September, 2019 surged 136 percent to US$6.6 million on the back of exchange rate gains and a decline… Read more »
AUSTRALIA Stock Exchange (ASX) listed Invictus Energy, says geo-chemical tests on rock samples from its Muzarabani prospect, Mashonaland Central Province, have further affirmed possible existence of oil deposits on its… Read more »
REDCLIFF Municipality has received $7 million from Treasury as part of repayment of a $14 million debt accrued by the now defunct Zisco. The country’s steel manufacturing plant closed down… Read more »
