Invictus Energy has halted trading in its securities pending a major update on a petroleum production sharing agreement linked to Zimbabwe’s Cabora Bassa gas project.
A minority shareholder in RioZim Limited has publicly backed a court application seeking to place the mining group under corporate rescue, arguing that years of governance failures, mounting debt and operational decline have destroyed shareholder value and threatened the company’s survival.
Kavango Resources plc is increasing Zimbabwean pension fund participation in the company through a new share issuance as it continues efforts to finalise its acquisition of the Nara Gold Project.
Two former employees of Zimplats have approached the High Court seeking an order compelling the company to release disciplinary hearing records they say are essential for challenging their dismissals before the Labour Court.
RioZim Limited is facing a new court application for corporate rescue after a shareholder alleged the company could slide into insolvency due to mounting financial pressure and liquidity challenges.
Caledonia Mining Corporation Plc has reported a decline in gold production at its Blanket Mine in Zimbabwe for the first quarter of 2026, citing operational constraints and planned mining sequencing, while maintaining its full-year output forecast.
Zimbabwe is set to formalise its emerging oil and gas sector with the imminent signing of a Petroleum Production Sharing Agreement (PPSA), as Invictus Energy Ltd says the agreement is in its final stages and expected to be concluded this month.
BlackRock, the world’s largest asset manager with market capitalisation of over US$169 Billion, has reported a change in its shareholding in Caledonia Mining Corporation Plc, a Zimbabwe-listed gold producer that is also listed on the New York Stock Exchange, crossing a regulatory threshold that requires disclosure.
New York Stock Exchange listed Zimbabwe-focused gold producer Caledonia Mining Corporation Plc has reported a 46% increase in revenue to US$267.7 million for the financial year ended December 31, 2025, driven by higher gold prices and stable production levels.
Three months after President Emmerson Mnangagwa removed Winston Chitando as Minister of Mines and Mining Development, the ministry has come under investigation by the Zimbabwe Anti-Corruption Commission (ZACC) over the controversial cancellation of a coal mining concession linked to Sengwa Colliery.
