Tharisa reached agreement with Zimbabwe's government on fiscal stability terms for its $545m Karo Platinum project, including a 15% corporate tax rate and the right to remit dollars to service project debt.
Zimbabwe's Zesa says it has gone 138 consecutive days without load shedding and aims to end power cuts entirely by December 2026, backed by a $210m Afreximbank facility.
Gold deliveries to Fidelity Gold Refinery reached 9,311.92kg in Q1 2026, up 8.29% on the same quarter of 2025, with small-scale producers supplying about 6.5 tonnes.
Zimplats has spent $34m so far on a 45MW Phase 2A solar plant, on track for completion in the first half of its 2027 financial year, doubling its installed solar capacity to 80MW.
Zhejiang Huayou Cobalt has exported the first consignment of lithium sulphate produced in Africa from its Arcadia operation in Zimbabwe, a milestone for the country's beneficiation drive.
Implats confirmed it is evaluating three potential Zimbabwean growth projects, the Hartley Complex, Darwendale and Karo Platinum, alongside its existing Zimplats and Mimosa operations.
Sichuan Yahua says it has secured a six-month quota to export lithium concentrate from Zimbabwe, after the government granted allocations to Chengxin Lithium and Sinomine following a two-month export freeze.
State-owned Zimbabwe Consolidated Diamond Company used proceeds from a recent diamond sale to fund operations, as it pushes toward a 5 million carat production target for 2026.
Fitch Solutions' BMI says Zimbabwe's sudden halt to lithium concentrate exports will tighten the market until at least mid-to-late 2027, and has raised its 2026 lithium price forecasts in response.
Sichuan Yahua Industrial Group began construction of a $200m lithium-sulfate plant at its Kamativi joint venture in Zimbabwe on 27 February 2026, the third such Chinese-built processing plant in the country.
Sichuan Yahua Industrial Group has started building a lithium sulphate plant at Kamativi, its joint venture with the Zimbabwean state, days after Harare halted concentrate shipments with immediate effect.
Caledonia Mining has raised $150 million through convertible notes to help fund its Bilboes gold project in Zimbabwe, part of a plan to develop a 200,000-ounce-a-year mine by 2028.
Caledonia Mining plans to spend $132m in 2026 to begin developing its Bilboes gold project, part of a $162.5m capex budget, after Zimbabwe reversed plans to double the gold royalty.
Caledonia Mining published the Bilboes feasibility study, showing a post-tax NPV of about $580m and an IRR above 32%, and decided to proceed with the Zimbabwean gold project.
Construction at the Karo Platinum project in Zimbabwe progressed with ball mills being installed and a dam expansion under way, as the Tharisa-backed mine works towards planned output of 190,000 oz a year.
Zimbabwe's Cabinet has approved a $450m, four-year deal with India's Jindal to rehabilitate Hwange Power Station's original six units, aiming to lift their output from roughly 300MW toward 2,000MW.
