Mutapa Energy Resources, Zimbabwe’s state-owned lithium miner, has secured $300 million from a group of companies, which includes Chinese entities, to develop its facilities in the southern African nation. “It’s a done deal,” Innocent Rukweza, chief execu... See more
Zimbabwe won’t defer a ban on exports of lithium concentrate that’s scheduled to come into effect in January, Mines Minister Polite Kambamura said, rejecting a request by the industry to postpone the moratorium until at least March. “We are still sticking... See more
Zimbabwe has licensed a second gold refinery to handle purchases and processing of the southern African nation’s increasing output of the precious metal. The refinery, to be located in the country’s second-biggest city Bulawayo, is due to be commissioned ... See more
Zimbabwe said it was returning a number of foreign-owned farms that were seized during a violent land grab more than 25 years ago and pay compensation of $146 million. Agriculture Minister Anxious Masuka told lawmakers that the transfer involved 67 proper... See more
Zimbabwe is taking steps to clear the $23 billion it owes multilateral institutions, as talks with lenders progress well, President Emmerson Mnangagwa said. The authorities recognise that credibility and predictability are essential ingredients to restori... See more