Australian bourse asks Zimplats tough questions after Mtasa exit

Asked to comment on the matter, Zimplats spokesperson Busi Chindove said they were glad that the misunderstanding had been resolved amicably.
By Tatira Zwinoira Feb. 9, 2024

Prospect strikes high-grade lithium

Lithium is now one of the most important minerals due to its growing use in rechargeable batteries for mobile phones, laptops, digital cameras and electric vehicles.
By Mthandazo Nyoni Feb. 1, 2024

Millions wiped off Invictus after Zambezi Valley debacle

The Australia Stock Exchange listed outfit drilled two test wells at its Cabora Bassa claims near Mahuhwe in Mbire, all of which failed to deliver a find.
By Tatira Zwinoira Mar. 24, 2023

Zimplats revenue down 7%

REVENUE at the Australia Stock Exchange (ASX)-listed mining giant Zimplats decreased by 7% to US$545,5 million for the half-year ending December 31, 2022.
By Mthandazo Nyoni Mar. 1, 2023

Invictus upbeat over Cabora Bassa investor interest

The company ceased operations on the wells last month, citing “unsuitable” and “not feasible” conditions.
By Mthandazo Nyoni Feb. 28, 2023

Investors flood Prospect after US$378m deal… as ASX-listed resources junior fires up hunt for fresh Zim fortunes

Arcadia is now in line to ship its first resource within this quarter following five years of exploration and mine development.
By Mthandazo Nyoni Jan. 31, 2023

Zim lines up new empowerment law

Nzenza told the Zimbabwe Independent yesterday that authorities had learnt from the past, and were crafting a law that considers Zimbabwean and foreign investors’ interests.
By Freeman Makopa Dec. 16, 2022

Setbacks hit Zim oilfields

The firm, which kicked off drilling the first of two test wells at its Zimbabwe-based Cabora Bassa claims in Muzarabani last month.
By Mthandazo Nyoni Oct. 18, 2022

All eyes on the Zambezi valley oil rigs

It would be a real surprise and a most welcome development if Invictus Energy and the government of Zimbabwe acted otherwise and remember the Zambezi Valley communities and the nation at large.
By Newsday Sep. 29, 2022