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Zimbabwe: Govt Seeks Investors for Closed Mines

THE Government, through the Ministry of Mines and Mining Development, says it needs about $8 million to support initiatives aimed at resuscitating closed but potentially productive mines through attracting fresh capital and interventions from key stakeholders. Mines Minister Winston Chitando, speaking at the 2022 pre-budget seminar a few days ago, said measures were being taken

Zimbabwe: Mining Executives Optimistic On Economic Growth

MOST top executives in the mining sector are optimistic that the economy will grow in 2022 with most players planning to expand operations going forward, The State of the Mining Industry Report has established. The survey findings show that about 55 % of respondents mining executives are expecting the economy to grow in 2022, while

Eskom to Collaborate with Coal Suppliers on Renewable Energy Projects

South African state-owned power utility, Eskom, has signed a Memorandum of Understanding (MoU) with its two largest coal suppliers, Exxaro and Seriti Resources, for the development of renewable energy projects at its mining operations. With Exxaro and Seriti Resources collectively contributing over 80% of Eskom’s coal supply, the agreement is aimed at reducing the power utility’s carbon footprint

ExxonMobil to resume drilling offshore Angola in June 2022.

ExxonMobil’s affiliate in Angola has just awarded Valaris a two-year contract for drillship VALARIS DS-9. The rig is to be reactivated and mobilized to Angola in June 2022. This marks the resumption of drilling activities for ExxonMobil in Angola following a June 2019 agreement with National Agency for Petroleum, Gas and Biofuels (ANPG) to further