Balasore to invest $300m in ZimAlloys
From Business Weekly by Business Writer Indian firm Balasore Alloys says the deal to acquire 70 percent shareholding in ferrochrome...
$400mln for Darwendale platinum project
From the source HARARE, March 19 (The Source) – Great Dyke Investments says it will invest $400 million to build...
We are here for the long haul—ACF
From NewsDay By Blessed Mhlanga African Chrome Fields (ACF) has ploughed $250 million into mining. ACF national project liaison director Ashruf Kaka (AK) (pictured) tells NewsDay (ND) reporter Blessed Mhlanga about the company’s operations and the outlook. Find excerpts below. ND: Have you carried exploration works since buying Africa Chrome Fields? AK: We have done those exercises and continue to do so. We are in constant acquisition agreements with private partners to purchase more claims and to do contract mining agreements. We have sufficient resources to cover us for the...
ZIMBABWE’S COAL OUTPUT SET TO QUADRUPLE AS INVESTORS ARRIVE
Minister of Mines and Mining Development Winston Chitando said interest had focused on coal, as well as on lithium and...
$12bn investment for Zim mining
From The Financial Gazette by Shame Makoshori AT least $12 billion in new investment is expected to flow into Zimbabwe’s...
RioZim requires $125m for Murowa diamonds
From The Herald At least $125 million is required to extend the lifespan of Murowa Diamond Mine by an additional...
Hwange seeks $500m for recapitalisation
From The Herald by Dumisani Nsingo HWANGE Colliery Company Limited (HCCL) needs $500 million to fully recapitalise its operations and...
VP Chiwenga assures investors
From The Herald by Farirai Machivenyika Senior Reporter Vice President General Constantino Chiwenga (Retired) has said the forthcoming harmonised elections...
Mining sector needs US$7bn
Livingstone Marufu ZIMBABWE’s mining companies need over US$7 billion to recapitalise their operations over the next five years to raise...
