Galileo identifies multiple gold targets at Bulawayo Gold project
Itai Ndongwe
Galileo Resources has identified multiple gold targets in its latest aeromagnetic and radiometric survey conducted at the Bulawayo Gold Project, Zimbabwe.
The survey successfully...
Zeco shareholders approve transition to property company
Talkmore Gandiwa
HARARE- ZECO Holdings Limited shareholders approved the transition of the company to a property development entity at an extraordinary general meeting this morning.
The...
Cafca’s Q3 profits up 251% on sustained volume deman
Itai Ndongwe
HARARE - CAFCA recorded a slight increase in volumes in the third quarter to June buoyed by sustained local and export demand.
Tonnes sold...
Premier African Minerals receives US$18m as pre-payment for Zulu lithium project
Itai Ndongwe
Premier African Minerals has completed the definitive transaction documents for the marketing and prepayment agreement with Suzhou TA&A and has received approximately US$18.1...
BancABC partners TelOne on City Hopper Agency
Itai Ndongwe
BancABC, the local banking subsidiary of pan-African Group Atlas Mara, has joined forces with Telone, one of the country's largest telecommunications players, to...
Invictus awarded 3 carbon offset projects as it kickstarts drilling project
Talkmore Gandiwa
HARARE – Invictus energy is set to drill the Mukuyu second well by end of August, which is set to target 22 cubic...
Proplastics sitting on 76% USD sales at H1
Itai Ndongwe
HARARE - Proplastics Limited says it has met its first-half target in US dollars terms, but it is falling short in local currency.
CEO...
ZESA owed US$62m, ZW$17bn by defaulting customers
Itai Ndongwe
The state power utility ZESA Holdings says it is owed US$62 million and ZWL 17 billion by both individuals and commercial and industrial...
Zimplats sees increased costs after rise in mined tonnage in Q2 June
Itai Ndongwe
HARARE - Zimplats, the country’s largest platinum miner, says its mined tonnage increased by 9% quarter-on-quarter and 4% year-on-year following the full recovery of...
EMA renews Invictus Energy’s EI assessment
Itai Ndongwe
HARARE - Invictus Energy (IVZ) has received environmental impact assessment (EIA) renewal approval from the Zimbabwe Environmental Management Agency (EMA) for the Cabora...
