Global miners are looking at Zimbabwe with renewed interest following the installation of Emmerson Mnangagwa as president. Among the most recent activity is London's Chimata Gold signing a binding letter of intent to acquire up to 100% of Zimbabwe Lithium, while veteran miners Andrew Groves and Phil Edmonds are both set to relist their Zimbabwe coal, gold and chrome assets in Canada. In addition, Russian fertiliser producer Uralchem is looking to make a new deal in the increasingly business-friendly environment.
Global miners are looking at Zimbabwe with renewed interest following the installation of Emmerson Mnangagwa as president. Among the most recent activity is Canada's Chimata Gold signing a binding letter of intent to acquire up to 100% of Zimbabwe Lithium, while veteran miners Andrew Groves and Phil Edmonds are both set to relist their Zimbabwe coal, gold and chrome assets in London. In addition, Russian fertiliser producer Uralchem is looking to make a new deal in the increasingly business-friendly environment.