The National University of Science and Technology (Nust) has formally applied for special dispensation to undertake experimental mining on its main Bulawayo campus, aiming to advance research, teachin...
Finance Minister Mthuli Ncube has suggested he may revise proposed increases to gold royalties after strong pushback from miners who warn that doubling the tax could destabilise the sector, reduce inv...
Zimbabwe's small-scale gold producers said government plans to double a mining royalty will deter investment and spur an increase in smuggling of the precious metal."New investment in exploration and ...
Zimbabwe's Robert Gabriel Mugabe International Airport has been singled out as a major conduit for gold smuggling, with Dubai in the United Arab Emirates emerging as the main destination for illicitl...
Zimbabwe's foreign currency and gold reserves backing the Zimbabwe Gold (ZiG) currency have surpassed US$1 billion for the first time since the introduction of the local unit, the Reserve Bank of Zim...
Zimbabwe will hike royalties on gold producers as it moves to take advantage of recent record high bullion prices, a 2026 national budget speech showed on Thursday.As part of a raft of revenue measure...
Fidelity Gold Refinery (FGR) has revised its annual gold delivery forecast, now expecting 45 tonnes by the end of 2025 - surpassing its initial target of 40 tonnes - as miners seek to capitalise on so...
Financial services firm Inter Horizon Securities (IH) has forecast that gold prices will surpass US$4 000 per ounce by the end of 2026 - a surge analysts say could significantly boost Zimbabwe's econ...
An estimated US$2 million worth of gold has reportedly been looted from the Mutare River in Penhalonga over the past few months, with politically-connected cartels allegedly defying both court orders...
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has endorsed a proposal to liberalise gold ownership for Zimbabwean citizens, describing it as a logical and n...
Pan African Mining has terminated contracts for 150 employees as part of a rationalisation exercise prompted by declining gold production and a lack of new exploration and development projects.In a wr...
Nearly half of all transactions on Zimbabwe's National Payment System are now conducted in the Zimbabwe Gold (ZiG), reflecting growing public confidence in the country's local currency, according to a...
The global gold market suffered a dramatic setback on Tuesday, with prices tumbling more than 5 percent in what analysts say is the steepest single-day decline in more than ten years.Gold futures fel...
Jersey-based Caledonia Mining Corporation is on track to meet its 2025 gold production target after reporting a near 4% increase in output, producing 58,846 ounces in the nine months ended September ...
A sophisticated gold smuggling syndicate operating under the guise of legitimate mining in Kwekwe's Silobela area has siphoned off more than 120 kilogrammes of gold, worth over US$10 million, in unde...
Southern Africa-focused miner Kavango Resources has announced a major gold discovery at its Hillside Gold Project in Bulawayo, describing it as a breakthrough that could transform the company's opera...
Caledonia Mining Corporation, the Jersey-based miner, is set to contribute 2.5 tonnes to Zimbabwe's projected 2025 gold deliveries of over 40 tonnes, with output expected to rise to 7.5 tonnes once i...
MIDLANDS Provincial Affairs Minister, Owen Ncube, has officially launched a US$300,000 gold milling and processing centre in Shurugwi, aimed at promoting formal mining operations and supporting artisa...
Zimbabwe Gold (ZiG) has seen its loans-to-deposit ratio (LDR) climb from 30 percent at its launch in April 2024 to 46 percent, the Reserve Bank of Zimbabwe (RBZ) reported, signalling growing adoption...
Zimbabwe's mining industry posted a mixed performance in 2025, with gold production surging while key minerals such as platinum, lithium, and nickel recorded significant declines, even as sector lead...
A landmark R4.8 billion lawsuit filed by the South African Revenue Service (Sars) against Sasfin Bank could expose financial institutions to "limitless liability" for their clients' misconduct, the b...
The Parliamentary Portfolio Committee on Health and Child Care has sounded the alarm over illegal gold mining activities taking place directly beneath Inyathi District Hospital, warning that the faci...
Gold surged past the $4,000 an ounce level for the first time on Wednesday, building on a record-breaking rally as broader geopolitical and economic uncertainty, as well as expectations of U.S. intere...
Zimbabwe's gold deliveries have surged by 37 percent to 32.98 tonnes in the first nine months of 2025, according to the latest data from Fidelity Gold Refinery (FGR) - the country's sole gold buyer a...
Zimbabwe could be losing billions of dollars annually as reports indicate that approximately 85% of artisanal and small-scale gold miners (ASM) are not registered.The country has over 1 million ASM op...
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