Millions wiped off Invictus after Zambezi Valley debacle
The Australia Stock Exchange listed outfit drilled two test wells at its Cabora Bassa claims near Mahuhwe in Mbire, all of which failed to deliver a find.
By Tatira Zwinoira
Mar. 24, 2023
Zimplats revenue down 7%
REVENUE at the Australia Stock Exchange (ASX)-listed mining giant Zimplats decreased by 7% to US$545,5 million for the half-year ending December 31, 2022.
By Mthandazo Nyoni
Mar. 1, 2023
Invictus upbeat over Cabora Bassa investor interest
The company ceased operations on the wells last month, citing “unsuitable” and “not feasible” conditions.
By Mthandazo Nyoni
Feb. 28, 2023
Investors flood Prospect after US$378m deal… as ASX-listed resources junior fires up hunt for fresh Zim fortunes
Arcadia is now in line to ship its first resource within this quarter following five years of exploration and mine development.
By Mthandazo Nyoni
Jan. 31, 2023
Zim lines up new empowerment law
Nzenza told the Zimbabwe Independent yesterday that authorities had learnt from the past, and were crafting a law that considers Zimbabwean and foreign investors’ interests.
By Freeman Makopa
Dec. 16, 2022
Setbacks hit Zim oilfields
The firm, which kicked off drilling the first of two test wells at its Zimbabwe-based Cabora Bassa claims in Muzarabani last month.
By Mthandazo Nyoni
Oct. 18, 2022
All eyes on the Zambezi valley oil rigs
It would be a real surprise and a most welcome development if Invictus Energy and the government of Zimbabwe acted otherwise and remember the Zambezi Valley communities and the nation at large.
By Newsday
Sep. 29, 2022
Australians blast first Zim oil well…20 trillion cubic feet, 845m barrels under spotlight
Invictus said Friday’s developments were “exciting and long-anticipated.”
By Mthandazo Nyoni
Sep. 27, 2022
Arcadia targets first quarter production
On Wednesday, an official said the operation could be Africa’s largest lithium mine.
By Donald Nyandoro
Sep. 9, 2022
