Great Dyke Investments

Zimbabwe’s state mining vehicle, Kuvimba Mining House Ltd., is taking over the 50% shareholding in a platinum project owned by Russia’s Vi Holding NV and plans to make further mining acquisitions, according to nation’s Treasury.
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As Zimbabweans faced the economic consequences of a crashing currency, well-connected businessman Kudakwashe Tagwirei skirted the rules to convert government-backed securities into scarce U.S. dollars —which he used to acquire shares in a…
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Great Dyke Investments (GDI), which is developing a platinum mining project in Darwendale, Mashonaland West province has been granted a five-year tax exemption by the Government.
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A project that aims to develop Zimbabwe’s biggest platinum mine has cleared a significant hurdle, with the African Export-Import Bank completing a due diligence study allowing it to proceed with a $500 million syndicated funding program.
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Great Dyke Investments yesterday started mining on its Darwendale concessions after years of preparation.
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Russian-Zimbabwean platinum venture Great Dyke Investments (GDI) requires a further $500 million for the first phase of its Zimbabwean mining project and is in advanced financing talks with Russian and South African lenders, it said on…
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Great Dyke Investments (GDI) has selected Egypt-based Afreximbank as the lead arranger for a $2 billion loan to finance development of its precious metals mine and smelter in Darwendale, west of Harare, chairperson Dr Resphina Rukato has…
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President Vladimir Putin’s Russia has made an emphatic and strategic move into Zimbabwe’s platinum mining sector in the Great Dyke, in the latest signal of an intensifying scramble for Zimbabwe’s minerals.
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