Jun 19 2008018332Most foreign investment in Zimbabwe has roots in the colonial era such as the mining conglomerate AngloAmerican of Zimbabwe AMZIM and the timber company Lonrho long the countrys two largest investors In 2001 Lonrho sold its timber holdings in Zimbabwe to Brotherhood Holdings Ltd for a cash payment of 275 million.
Oct 06 2020018332Africa Moyo Deputy News Editor A major Gwanda goldbelt miner Caledonia Mining Corporation signed a memorandum of understanding MoU with the Government yesterday so it can boost investment and production in its gold mining and play a leading part in the drive to a US12 billion mining sector economy by 2023.
Oct 06 2020018332He declined to name the companies Caledonia was talking to but said the miner hopes to make an announcement on at least one of the assets by the end of this year Acquisitions could help Caledonia boost its annual output more than eightfold to half a million ounces as the company considers investing 400 million in Zimbabwe over the next decade.
Sep 04 2020018332The two companies now drilling for coal in the national park are Afrochine Energy of the Tsingashan Group of China and Zhongxin Coal Mining Group The issue has raised emotions in Hwange where residents tour operators and wildlife activists have vowed to block any mining in the national parks to protect wildlife New Zimbabwe noted.
Top Ten operating mines in Zimbabwe 2018 Mining Zimbabwe Mining Zimbabwe however took time to go through the performance of various companies in a list of 10 1 Caledonia Mining Corporation The Matabeleland based gold miner despite it being a midtier gold producer has managed to outperform its peers in the mining sectorget price.