Zimbabwe's gold output surges

Published: 07 July 2025
Zimbabwe's gold production recorded a significant upswing in the second quarter of 2025, with small-scale miners playing a leading role in boosting national output, according to the latest figures from Fidelity Gold Refinery.

The country produced a total of 11.6 tonnes of gold in Q2, marking a sharp rise from the 8.5 tonnes recorded in the first quarter. This brings Zimbabwe's cumulative gold output for the first half of the year to just over 20 tonnes, keeping the country on track to meet its ambitious annual target of 40 tonnes.

Small-scale and artisanal miners once again dominated the sector, delivering 8.79 tonnes of the total output for the quarter-an impressive leap from 5.77 tonnes in the first quarter. The consistent growth reflects ongoing efforts to formalise and support the small-scale mining sector through policy reforms and incentives.

Large-scale mining firms also registered a marginal improvement, contributing 2.81 tonnes in the second quarter, up slightly from 2.72 tonnes in Q1.

The government's strategy to achieve the 40-tonne target hinges on a collaborative approach, promoting both large-scale industrial mining and the empowerment of small-scale miners, who now account for more than 75% of the country's total gold deliveries.

Industry analysts have attributed the strong performance to improved access to markets, more efficient buying mechanisms by Fidelity Gold Refinery, and the relative stability in power supplies during the period.

The Ministry of Mines and Mining Development has said it will continue to strengthen regulatory oversight, clamp down on gold leakages, and ensure timely payments to miners-especially small-scale producers-to maintain the positive momentum.

If current trends continue, Zimbabwe is on course to not only meet but possibly exceed its 2025 production target, boosting foreign currency earnings and reinforcing gold's critical role in the national economy.
- the herald
Tags: Gold,

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