HARARE Zimbabwe’s state sovereign wealth fund has now acquired all of state mining company Kuvimba Mining House Ltd., in a bid to end speculation about its ownership. Kuvimba holds some of Zimbabwe’s best mining assets, which were once owned by a company controlled by US- and UK-sanctioned tycoon Kudakwashe Tagwirei, an adviser to Zimbabwe’s President…
Zimbabwe Takes Full Control of Controversial State Miner bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Zimbabwe’s state sovereign wealth fund has now acquired all of state mining company Kuvimba Mining House Ltd., in a bid to end speculation about its ownership. Most Read from BloombergGermany’s Days as an Industrial Superpower Are Coming to an EndTop Nigerian Banker Killed in Helicopter Crash in CaliforniaHow Worried Should You Be About Commercial Real Estate?Biden’s Attempt to Address Memory Issue Backfires With New GaffeKuvimba holds some of Zimbabwe’s best mining assets, which
Zimbabwe’s biggest gold mines are being snapped up by Mauritius-based Sotic International Ltd. as the price of bullion soars to the highest in more than eight years. Sotic International says it is targeting six more mines after its arm, Landela Mining Ventures, completed the takeover of Metallon’s Shamva operation. Landela‘s targets include four idle state-owned
It was reported on 16 September 2014 that Zimbabwe’s Pen East Investments had teamed up with Vi Holdings through its JSC Afromet subsidiary, to form Great Dyke Investments (GDI), which planned to develop a $3 billion platinum mining project in.