MINING & RETAIL

Prospect Lithium secures $10m export facility

AUSTRALIA Stock Exchange (ASX) listed Prospect Resources, says its Zimbabwean unit, Prospect Lithium Zimbabwe, has secured $10 million export finance facility from the Reserve Bank through CBZ Bank Li...

By Staff reporter | Published: 12 September 2018

MINING & RETAIL

Kamativi sits on $1,9 billion lithium dump

KAMATIVI Mine in Matabeleland North is sitting on $ 1,9 billion worth of lithium on its dumps, which the Government is looking forward to start exploiting in the first quarter of next year.In an inter...

By Staff reporter | Published: 08 July 2018

MINING & RETAIL

Kamativi lithium exploration complete

FULL lithium production at Kamativi Mine is expected to begin by June next year with investors saying exploration of the mineral at the defunct mine has been completed.In March this year, Jimbata, a w...

By Staff reporter | Published: 11 June 2018

MINING & RETAIL

Zim readies for lithium battery production

ZIMBABWE Lithium Company is negotiating with RioZim to upgrade the Empress Nickel Refinery (ENR) and position it for battery grade lithium production.Lithium has become a much-sought after mineral not...

By Staff reporter | Published: 07 June 2018

MINING & RETAIL

JR Goddard opens up on lithium contract

BULAWAYO businessman Mr Jim Ross Goddard says his company will deliver the best service and render investment value after it won an earth-moving contract running into millions of dollars from Prospect...

By Staff reporter | Published: 04 June 2018

MINING & RETAIL

JRG gets lithium project contract

ONE of the top construction and civil engineering firms, JR Goddard (JRG), has been appointed as the earthmoving contractor for Prospect Resources' Arcadia Lithium Project.The lithium project, situate...

By Staff reporter | Published: 30 May 2018

MINING & RETAIL

Lithium rush to raise commodity risk exposure

PLANS to expand Zimbabwe's lithium operations could increase the country's commodity risk exposure, the World Bank has said.In a report published last month, the World Bank said the southern African c...

By Staff reporter | Published: 24 May 2018

MINING & RETAIL

ENR courts lithium mines

KADOMA-based base metals processor, Empress Nickel Refinery (ENR), says it is eying huge opportunities for toll processing that has emerged in Zimbabwe's new lithium mines.Lithium has emerged as one o...

By Staff reporter | Published: 24 May 2018

MINING & RETAIL

Positive prospects for Zim's lithium industry

Government says it is excited about the positive prospects of the lithium industry and has committed itself to create a conducive environment for investors in the sector by unlocking funding for the c...

By Staff reporter | Published: 19 May 2018

MINING & RETAIL

Lithium plant being set up near Harare

Australia Stock Exchange (ASX)-listed batteries company, Prospect Resources, says it has appointed global engineering company DRA to provide engineering services and upfront design for its flagship Ar...

By Staff reporter | Published: 18 May 2018

MINING & RETAIL

Global firm hired for Arcadia Lithium project

AUSTRALIA-listed junior miner, Prospect Resources, has appointed global engineering firm DRA to provide engineering services and upfront design for its Arcadia Lithium project.In February, Prospect Re...

By Staff reporter | Published: 17 May 2018

MINING & RETAIL

Prospect Resources builds lithium plant in Kwekwe

ZIMBABWE has moved a step closer to lithium value addition, as enunciated by President Emmerson Mnangagwa, following installation of a pilot lithium carbonate plant in Kwekwe by Australian-listed mini...

By Staff reporter | Published: 08 May 2018

MINING & RETAIL

Zim miner to produce battery grade lithium

A Zimbabwean mining company is considering upgrading a local nickel refinery to produce battery grade lithium or alternatively build a new lithium carbonate plant at a cost of up to $150 million, its ...

By Reuters | Published: 07 May 2018

MINING & RETAIL

Prospect raises $25m to spend on Arcadia lithium project

An Australia-listed firm Prospect Resources, says it has set aside at least $25 million to fund the construction of a mine and plant at its Arcadia lithium project situated about 38km East of the capi...

By Staff reporter | Published: 02 May 2018

MINING & RETAIL

Latitude to acquire lithium project in Zimbabwe

Latitude Consolidated Ltd, a mining company listed on the Australian Stock Exchange, has entered into a binding agreement to acquire a 70% interest in the Mbeta Lithium Project in Zimbabwe.Mbeta compr...

By Staff reporter | Published: 12 April 2018

MINING & RETAIL

Kamativi lithium drilling kicks off

CANADIAN-based mineral exploration company, Chimata Gold Corp, has commenced drilling works at the Kamativi lithium project in Matabeleland North Province.The lithium deal is expected to unlock more t...

By Staff reporter | Published: 06 April 2018

MINING & RETAIL

Prospect, Sinomine Cement seal lithium project agreement

GOLD and lithium developer Prospect Resources has cemented an agreement with Hong Kong-listed Sinomine Resources Exploration, which will see the development of the Arcadia lithium project, in Zimbabwe...

By Staff reporter | Published: 05 April 2018

MINING & RETAIL

Bikita Minerals invests more in lithium

Bikita Minerals is currently assaying rock samples for high-grade lithium concentrate (spodumene) reserves, which, if confirmed, will help turn the mine into a big money spinner.The world's sole comme...

By Staff reporter | Published: 28 March 2018

MINING & RETAIL

Bikita banks on lithium

Bikita Minerals CEO Grant Hudson's face glows whenever he speaks of the journey his company is about to embark on: spodumene mining.The high-value mineral is highly sought after worldwide as it contai...

By Staff reporter | Published: 25 March 2018

MINING & RETAIL

Zimbabwe and the magic of Lithium

Lithium. It's a magic word these days, a headline catcher which will see Zimbabwe play a major international role producing material for tens of millions of batteries for electric cars which will, wit...

By Independent Foreign Service | Published: 21 March 2018

MINING & RETAIL

Mnangagwa admin pulls in $2.6bn lithium project

The allure of the new political administration has convinced Australian Stock Exchange (ASX)-listed Prospect Resources to commit to a lithium project near Harare, which is expected to generate over $2...

By Staff reporter | Published: 14 March 2018

BUSINESS NEWS

Zim can be a global manufacturing centre for Lithium batteries

Econet founder Strive Masiyiwa has said Zimbabwe has the potential to be a global manufacturing centre for the type of Lithium batteries."We are already using Lithium battery systems in DPA and we are...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

NSSA pursues platinum, lithium investments

Deep-pocketed pensions administrator, National Social Security Authority (Nssa), is pursuing investment opportunities in the mining sector.The statutory body - sitting on a $1,3 billion asset base - i...

By Staff reporter | Published: 07 March 2018

MINING & RETAIL

Prospect buy 70% of the Good Days lithium project

Zimbabwe-focused mining group, Prospect Resources has extended its lithium resource base in Zimbabwe by acquiring Barrington Resources' Good Days lithium project.ASX-listed Prospect Resources already ...

By Staff reporter | Published: 01 March 2018

MINING & RETAIL

Lithium firm establishes lab in Zimbabwe

ONE of Zimbabwe's largest lithium producer, Prospect Resources (Prospect), has established a laboratory complex in Kwekwe aimed at enhancing production of lithium carbonate. Hugh Warner, Prospect chai...

By Staff reporter | Published: 01 March 2018
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