Darlington Musarurwa in CAPE TOWN, South Africa— GOVERNMENT, through the Zimbabwe Mining Development Corporation (ZMDC), last Friday struck a deal with a foreign investor to exploit lithium deposits worth $1,4 billion in Matabeleland North, a Cabinet minister said yesterday.Feasibility studies are reportedly underway on two other lithium projects, one of which is similarly a target of an unnamed ...

NVESTORS attending the African Mining Indaba in Cape Town, South Africa, this week expressed massive interest in investing in Zimbabwe’s mining sector — an engine of potential upswing in economic recovery — in a continued breath of fresh air on the country’s prospects and confidence in its future. Staff writer The mining conference gave impetus to the momentum the country recently gained in ...

Zimbabwe’s Mines Minister Winston Chitando said amendments to the country’s mining laws will be finalized in the coming few months. CNBC Africa caught up with the Minister on the side-lines of the inaugural Harare Indaba held in Johannesburg to give more clarity on the new mining rules and more.

ZIMBABWE is looking for investment from the whole world and has ring-fenced its investment portfolio facilities to attract potential suitors from across the globe. Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya said this in the United States of America yesterday in a televised interview with Bloomberg TV where he also assured investors that they can repatriate profits from their busin...