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ZIMBABWE: Mining group seeks to raise US$1bn

  • Date: 11-01-21
  • Category: ZIMBABWE
  • Source: Zimbabwe Chronicle

ZIMBABWE’S unlisted Kuvimba Mining House is seeking to raise US$1 billion for its gold and platinum projects, including a gold mine that could produce 150 000 ounces a year, as well as exploration.

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ZIMBABWE: Windfall for victims of policy

  • Date: 22-12-20
  • Category: ZIMBABWE
  • Source: Zimbabwe Herald

Government has identified five special interest groups, among them those that suffered losses as a result of the country’s currency reform strategy, plus the rest of society as beneficiaries of its stake in the newly established mining giant, Kuvimba Mining House.

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ZIMBABWE: GDI: Driving force for Zim-Russia relations

  • Date: 13-12-20
  • Category: ZIMBABWE
  • Source: Sunday Mail

THE Zimbabwe-Russia joint venture platinum concern, Great Dyke Investments (GDI), which is located in Darwendale, is making stellar progress and is earmarked to become one of Zimbabwe’s largest platinum mines. Last week a local company, Fossil Mining, bought 4,4 percent stake in the project, while total funding of up to US$650 million has been lined up for the venture over the next two years.

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ZIMBABWE: New platinum mine on course

  • Date: 29-08-20
  • Category: ZIMBABWE
  • Source: Zimbabwe Herald

The first phase of the new platinum mine being developed by Great Dyke Investments on its Darwendale concessions is on course, with the box cut for the second portal being opened last month.

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ZIMBABWE: Diversifying Zimbabwe’s power matrix

  • Date: 09-03-20
  • Category: ZIMBABWE
  • Source: Zimbabwe Herald

Zimbabwe is setting its sights on diversifying the country’s energy matrix to ease dependence on its main ZESA electricity grid and power imports from neighbouring countries through the uptake of renewable energy.

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ZIMBABWE: Zim platinum leakages hurting national purse

  • Date: 19-01-20
  • Category: ZIMBABWE
  • Source: Newsday

WITH its economy tanking, Zimbabwe is looking to mining for salvation. But platinum ore exports may be leaking millions of dollars in potential revenue the country needs to plug an acute shortage of foreign currency, fuel and drugs, according to local mining experts.

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ZIMBABWE: Chrome Mining could be a saviour if only we stop looting!

  • Date: 02-01-20
  • Category: ZIMBABWE
  • Source: Nehanda Radio

I do believe we all had a good Christmas. As promised I will further explain why I believe Mining can bring this economy on track. I have tried to avoid using Geological jargon, as only the likes of Dr Chris Mutsvangwa will comprehend this. I hope he will find this not a vapid article.

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ZIMBABWE: Zimbabwe receives uninterrupted Eskom power supply

  • Date: 11-12-19
  • Category: ZIMBABWE
  • Source: SABC

Zimbabwe says it is still receiving an uninterrupted power supply from Eskom despite increased load shedding in South Africa.

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