new mining projects in zimbabwe

Zimbabwe: A new focus for lithium mining

Lithium mining in Zimbabwe. According to the World Economic Forum, 540 000 metric tonnes of lithium were mined globally in 2021. This is expected to increase to 1.5m metric tonnes and 3m metric ...

Latest updates & insights on the mining industry in Zimbabwe

Zimplats reducing its workforce by 1%. Zimplats is reducing its 8000-strong workforce by 1% as the Platinum miner moves to implement…. April 12, 2024. 1 min Read. 0 Shares. Tracking Zimbabwe's mineral resources, investments, regulations, industry trends, innovation, market analysis, Mining Zimbabwe gives comprehensive news coverage.

The Performance of the Zimbabwe Mining Sector in 2019

of the global exploration budget fell from 0.2. percent to literally 0 percent. Globally, around 10 percent of all capital. expenditure in mining goes towards. exploration, in Zimbabwe, it is near ...

Zimbabwe orders lithium miners to submit refinery plans by …

Click Here. 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 ...

Mining sector incentives to promote new investment

Tax incentives, which the government extended to the mining sector are meant to attract new investment while ensuring maximum utilisation of the country's mineral resources to achieve a US$12 billion mining industry by 2023, a Cabinet Minister has said. Gold production of 100 tonnes and earnings of US$4 billion per annum as well as …

Zimbabwe and a wave of resource nationalism

This shift has already yielded results, with several companies acquiring mining projects in Zimbabwe last year. Chinese miner Zhejiang Huayou Cobalt will invest $300m to develop a lithium mine in the country. China-based Tsinghan agreed with Zimbabwe to start a lithium mining project in Harare. Both companies were planning to …

Kamativi Mining Company (KMC) Invests $25 Million in Zimbabwe…

Kamativi Mining Company (KMC) is set to complete the first phase of its lithium mine production preparations in October this year, having already invested 25 million US dollars. The second phase, set to be completed by early 2024, will see KMC's investment rise to us$75 million, bringing the total investment capital to 100 million US …

Minister highlights Zimbabwe mining sector's …

The third is Mupani mining project, being developed in Mashonaland West project by Implats. Zimbabwe also hosts a significant ferrochrome endowment, …

Operations Start at Zimbabwe's Zulu Lithium Mine

Operations Start at Zimbabwe's Zulu Lithium Mine. Connect with us: April 14, 2023. Roach, added "I think we are going to be one of the early producers of high grade Spodumene (source of lithium) in Zimbabwe.". In addition to new lithium supplies, the project will lead to employment creation with the mining firm recruiting and training ...

Key Mining projects and plant upgrades in Zimbabwe

JOHANNESBURG (miningweekly) – A multi-phased development approach is being adopted at the Karo Platinum project in Zimbabwe, where a 17-year …

Caledonia explores funding options to build Zimbabwe's …

HARARE, Oct 19 (Reuters) - Caledonia Mining Corp (CALq.L) is exploring options to raise $250 million needed to develop its Bilboes project into what could be Zimbabwe's biggest gold mine. The ...

Zimbabwe: Lithium exports soar as Chinese projects take off

Lithium exports have risen from $1.8m in 2018 to $70m in 2022, Mines and Mining Development Minister Soda Zhemu said recently. He said in the first nine months of this year, Zimbabwe's lithium exports totalled $209m. Speaking at a mining conference in Bulawayo last week, Zhemu said the demand for materials used to manufacture lithium …

Prospect Resources gains 70% in Good Days lithium project, Zimbabwe

March 1, 2018. Share this article. Prospect Resources is set to gain majority control of Barrington Resources' Good Days lithium project in north-eastern Zimbabwe after exercising an option to acquire a 70% interest in the development. The agreement was initially signed in June 2017 and Prospect had time until April this year to make a ...

A Chinese mining company has opened a giant …

By FARAI MUTSAKA. Published 11:02 AM PDT, July 5, 2023. HARARE, Zimbabwe (AP) — A Chinese mining company formally opened a $300 million lithium processing plant Wednesday in Zimbabwe, which …

Arcadia lithium project, Zimbabwe

About 38 km east of Harare, in Zimbabwe. Prospect Resources. A staged optimised feasibility study on Arcadia has reflected the strong potential of the project to become a compelling long-life ...

Mining in Zimbabwe, 5 years later (mining industry recap)

The mining sector in Zimbabwe has demonstrated steady growth since the appointment of Hon Winston Chitando as the Minister of Mines and Mining Development ... Official Government figures show the mining industry alone has attracted more than US$6 billion in new projects in the last four years, with a corresponding increase in output, …

Zimbabwe's largest platinum project clears key hurdle

The $2 billion project, located about 65 km (40 miles) from the capital Harare, is expected to produce 860,000 ounces of platinum group metals (PGM) and gold per year at its peak. That would make ...

Zimbabwe orders lithium miners to submit refinery …

30th November 2023. By: Reuters. Font size: - +. Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to …

Zimbabwe says to commission major mining projects …

1:26 AM MYT. HARARE, Dec. 30 (Xinhua) -- Several large-scale mining projects that are still under construction will be commissioned in 2023 as Zimbabwe seeks to accelerate …

ZCDC to invest US$20m in new mining projects

0 April 13, 2018 4:13 PM. Source: ZCDC to invest US$20m in new mining projects – The Zimbabwe Independent April 13, 2018. ZIMBABWE Consolidated Diamond Company (ZCDC) will spend over US$20 million this year in exploration to augment its resource base, the businessdigest can reveal. By Tinashe Kairiza. The miner will invest a total US$200 ...

Zimbabwe attracts two new investors to develop platinum mining projects …

Zimbabwe will in coming weeks name two new investors who will develop separate platinum mining projects west of the capital as the country ramps up mining output in an attempt to ease a severe dollar shortage, the mines minister said on Wednesday. Zimbabwe has the second largest platinum deposits after South Africa and …

Cabinet approves six copper projects

"Proposals on two other projects to make them a total of six will be presented in due course," said Minister Mutsvangwa. She said the Shamrock Mine project is a joint venture between the Zimbabwe Mining Development Corporation (ZMDC) and Govine Enterprises and is expected to reopen by the end of 2022 employing an estimated 4 500 …

Karo Mining launches $4.2bn platinum mine project in Zimbabwe

It has PGM mining rights covering an area of 23,903ha situated on the Great Dyke in the Mashonaland West District of Zimbabwe. The project is expected to commence production in 2020, with output set to reach up to 1.4 million tonnes of platinum per year by 2023. Karo chair Loucas Pouroulis said: "We are excited about partnering with Zimbabwe ...

Zimplats splurges US$159m on capital projects

Zimbabwe's largest platinum miner, Zimplats has spent US$159.1m on capital projects including mine expansion in the 12 months to June 30, 2021. Zimplats said it has completed redeveloping Bimha Mine. The development of Mupani Mine, the replacement production source for Rukodzi and Ngwarati mines which will deplete in …

Golden Valley Project — Pambili

On Nov. 23, 2023, Pambili entered into a share purchase agreement to acquire the Golden Valley project, a producing gold mine in Zimbabwe's Matabeleland province. The …

Zimbabwe attracts two new investors to develop platinum mining projects

Zimbabwe will in coming weeks name two new investors who will develop separate platinum mining projects west of the capital as the country ramps up mining output in an attempt to ease a severe ...

Mining in Zimbabwe in 2020: Achievements, …

Mines and Mining Development deputy minister Polite Kambamura told Mining Zimbabwe Magazine that they were making frantic efforts to be readmitted to the global market. The country was …

Zimbabwe showcasing mineral potential & investment …

February 5, 2024. Read Next. Zimbabwe will from the 5th of February to the 8th of February 2024 showcase its mineral potential and investment opportunities available in the country at Mining Indaba, which is largest Mining Investment Event held on Africa soil. The annual event hosts thousands of investors, industry captains and key government ...

Minister highlights Zimbabwe mining sector's growth …

Gold is but a part of Zimbabwe's diverse mineral endowment, which comprises 60 commodities, with most of the reserves located on the 500-km-plus-long Great Dyke geological formation that ...

State of mining industry report

A COUPLE of weeks back, Zimbabwe Chamber of Mines published its state of the mining industry survey report looking at issues faced by the industry and prospects for 2022. To ensure objectivity, the Chamber states that its involvement was restricted to sponsoring and facilitating access to information to its members who form a greater part.