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Zimbabwe
Harare dithers over helping ZMDC to settle debt to South Africa's Amari

Finance Minister Mthuli Ncube in Harare, Zimbabwe, 5 October 2018. © Philimon Bulawayo/Reuters

Zimbabwe's Finance Minister Mthuli Ncube is reluctant to grant a loan to state-owned mining conglomerate ZMDC to allow it to put an end to its long-running dispute with South Africa's Amari Resources, which was expelled from its nickel and platinum licences. [...]

Published on 29/08/2024 at 04:40 GMT Reading time 2 minutes

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Mining

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Zimbabwe
Amari Resources
Benedict Peters
Blessed Chitambira
Bravura
Emmerson Mnangagwa
Kuvimba Mining House
Mthuli Ncube
Zimbabwe Mining Development Corp

Zimbabwe
Behind the scenes of Algy Cluff's lithium project

The British oil and mining veteran visited Zimbabwe twice before signing a contract to resume lithium extraction at the Sandawana lithium deposit. President Emmerson Mnangagwa and the UK's top diplomat in Harare were instrumental in Cluff's decision to re-invest in the country.

Subscribers only Mining 24.06.2024

Zimbabwe
Veteran miner Algy Cluff is back in the game with lithium

The octogenerian British mining and oil entrepreneur is seeking to take over the Sandawana deposit, a former Rio Tinto emerald mine now owned by Zimbabwe's sovereign wealth fund.

Subscribers only Mining 01.05.2024

Zimbabwe
Nigerian tycoon Benedict Peters launches lithium mining project

With the backing of the Zimbabwean authorities, the Aiteo Group boss has obtained a lithium exploration permit in the sought-after Kamativi area. But he is planning to abandon his Maflox Claim platinum project.

Subscribers only Mining 25.03.2024

Zimbabwe
Harare takes over Kuvimba Mining House to erase all links with Kuda Tagwirei

Zimbabwe's Mutapa sovereign wealth fund now owns 100% of the Kuvimba mining group, previously controlled by the president's adviser and businessman, Kuda Tagwirei, who is under US sanctions. The move was intended to encourage investors for other projects that have stalled for lack of financing.

Subscribers only Mining 28.02.2024

Zimbabwe
Government winding up ZMDC with bankruptcy the target

The government wants to transfer the last valuable assets of the state-owned mining company to the Mutapa sovereign wealth fund. The plan then is to declare the company bankrupt...

Subscribers only Mining 20.12.2023

Zimbabwe
Mnangagwa transfers opaque statal mining assets to the sovereign fund

The president's 19 September decision to transfer 17 major government assets, including shares in Kuvimba, Defold and Hwange Colliery, to the Mutapa sovereign wealth fund has sparked general outcry in Harare. Moreover, the fund can now make foreign transactions without prior approval.

Subscribers only Finance, Mining 03.10.2023

Zimbabwean president Emmerson Mnangagwa.

Zimbabwe
US ruling in von Pezold case saddles Harare with more debt

The US Court of Appeals for the District of Columbia has upheld the ruling ordering Zimbabwe to pay $440.3m in damages for the wrongful seizure of farmland in 2000 and 2001.

Subscribers only Finance, Mining 28.09.2023

Zimbabwean finance minister Mthuli Ncube on 3 August 2023 in Hwange, in the west of the country.

Zimbabwe
Nigerian billionaire Benedict Peters wavers between platinum and lithium in Harare

The oil-and-gas tycoon's enthusiasm for a platinum mine development project in Maflox Claims has dampened since his arrival in Zimbabwe in 2019, a few months before Emmerson Mnangagwa's election. His local company Bravura has not stuck to the regulatory requirements nor its promises to the authorities to invest.

Subscribers only Mining 04.07.2023

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Zimbabwe
Amari Resources
Benedict Peters
Blessed Chitambira
Bravura
Emmerson Mnangagwa
Kuvimba Mining House
Mthuli Ncube
Zimbabwe Mining Development Corp

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Harare dithers over helping ZMDC to settle debt to South Africa's Amari

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Set up email notifications for these topics

Zimbabwe
Behind the scenes of Algy Cluff's lithium project

Zimbabwe
Veteran miner Algy Cluff is back in the game with lithium

Zimbabwe
Nigerian tycoon Benedict Peters launches lithium mining project

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Harare takes over Kuvimba Mining House to erase all links with Kuda Tagwirei

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Mnangagwa transfers opaque statal mining assets to the sovereign fund

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US ruling in von Pezold case saddles Harare with more debt

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Nigerian billionaire Benedict Peters wavers between platinum and lithium in Harare

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Indigo Publications' websites

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Zimbabwe Harare dithers over helping ZMDC to settle debt to South Africa's Amari

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Zimbabwe Behind the scenes of Algy Cluff's lithium project

Zimbabwe Veteran miner Algy Cluff is back in the game with lithium

Zimbabwe Nigerian tycoon Benedict Peters launches lithium mining project

Zimbabwe Harare takes over Kuvimba Mining House to erase all links with Kuda Tagwirei

Zimbabwe Government winding up ZMDC with bankruptcy the target

Zimbabwe Mnangagwa transfers opaque statal mining assets to the sovereign fund

Zimbabwe US ruling in von Pezold case saddles Harare with more debt

Zimbabwe Nigerian billionaire Benedict Peters wavers between platinum and lithium in Harare

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Africa
The sensational rise and spectacular fall of Pefaco casino and hotels

Zimbabwe
Harare dithers over helping ZMDC to settle debt to South Africa's Amari

Zimbabwe
Behind the scenes of Algy Cluff's lithium project

Zimbabwe
Veteran miner Algy Cluff is back in the game with lithium

Zimbabwe
Nigerian tycoon Benedict Peters launches lithium mining project

Zimbabwe
Harare takes over Kuvimba Mining House to erase all links with Kuda Tagwirei

Zimbabwe
Government winding up ZMDC with bankruptcy the target

Zimbabwe
Mnangagwa transfers opaque statal mining assets to the sovereign fund

Zimbabwe
US ruling in von Pezold case saddles Harare with more debt

Zimbabwe
Nigerian billionaire Benedict Peters wavers between platinum and lithium in Harare