World
The Rise of China's Influence in the Global Metals Market: How the Loss of Benchmark Status by the LME may impact Zimbabwe
In a major shake-up for the global metals market, the London Metal Exchange (LME) has lost its benchmark status for a part of the nickel market. According to a report by Bloomberg News, the Shanghai M
Jun 05, 2023
Zambia
"Copper surplus hits 332,000 tonnes in Q1 2023, what does it mean for Zambia and other copper producers?"
According to the ICSG, world refined copper output increased by 7.5% to 6.69 million tonnes, while usage was estimated to be 2.3% higher at 6.35 million tonnes. This surplus can be attributed to a ris
May 29, 2023
Companies
Rare Earth Element Bonanza in Zambia: Prospect Resources secures Option for 51% in prospective REE project
The Kesya Project includes a large-scale exploration license where previous geological mapping and sampling has identified a large rare earth element (REE)-enriched carbonatite intrusion. Rock chip sa
May 15, 2023
Companies
Lucara's Underground Challenge: Early Delays and Diamond Pricing Woes Test Expansion Vision at Karowe
According to GlobalData, Botswana is the world's second-largest producer of diamonds, with output of 24,810kct in 2022, up by 8% on 2021. Over the five years to 2021, production from Botswana decrease
May 15, 2023
Companies
Zambia Forestry Corp. Delivers Resilient Financial Performance in Challenging Times
The corporation generated a total revenue of ZMW386 million ($21.9 million) from the sale of roundwood and treated poles compared with ZMW366.6 million ($20.7 million) in 2021, representing an increas
May 10, 2023
World
Strategic Growth and Diversification: Sibanye's Q1 2023 Performance and Key Projects in Zimbabwe and Europe
One of the key projects that Sibanye is advancing is the Keliber lithium refinery project in Europe. The construction of the refinery commenced in March 2023, and the project is set to supply regional
May 10, 2023
World
Zimgold's Plan to Boost Local Sourcing in Zimbabwe's Oil Industry: Company Aims to Raise US$5 Million through the private placement of a Commercial Paper
Zimgold aims to raise US$5 million through the private placement a commercial paper to fund local sourcing of soya beans and sunflower seeds. The limited quantities of oilseed production in Zimbabwe h
May 08, 2023
Top Stories
ZIDA's Investment Approvals Hit US$1.59 Billion With Mining and Manufacturing at 79.6%
Zimbabwe Investment Development Agency approved 86 mining licences worth US$768.5 million in the second quarter of 2026, an average approved ticket of US$8.9 million and the largest sectoral allocatio
Aug 06, 2026Gold Exports Reach Historic High: Biggest Monthly Windfall in History Tests Sustainability of the Boom
Zimbabwe has exported US$583.4 million of semi manufactured gold in June 2026, the highest monthly value recorded in Zimbabwe’s trade history, latest data from Zimstat shows. The figure exceeded the p
Aug 06, 2026
