MINING & RETAIL

RioZim loss deepens as gold output plunges 80%

Diversified mining group RioZim has reported a widened loss for the year ended December 2025, driven by a steep collapse in gold production, persistent operational challenges and ongoing funding const...

By Staff reporter | Published: 8 hours ago

MINING & RETAIL

Zimbabwe's biggest gold restart is already in motion

The hum of high-capacity pumps echoing through the valleys of Penhalonga is more than just the sound of machinery at work - it is the soundtrack to one of Africa's most significant gold mine revival ...

By Staff reporter | Published: 04 June 2026

MINING & RETAIL

Mutapa Gold Resources hits million fatality-free shifts

Mutapa Gold Resources says its Freda Rebecca Gold Mine in Mashonaland Central has achieved one million fatality-free work shifts, a milestone the company describes as evidence of strengthened safety ...

By Staff reporter | Published: 24 May 2026

MINING & RETAIL

Zimbabwe bans foreigners from small-scale gold mining

Zimbabwe has banned foreign companies and individuals from participating in small-scale gold mining in a move aimed at protecting local jobs and strengthening the domestic economy.Speaking in Harare ...

By Staff reporter | Published: 24 May 2026

MINING & RETAIL

Ariana Resources raises capital for Zimbabwe gold project

AIM and ASX-listed mineral exploration and development company Ariana Resources Plc has announced the partial disposal of its stake in Zenit Madencilik, with part of the proceeds set to finance feasi...

By Staff reporter | Published: 19 May 2026

BUSINESS NEWS

Zimbabwe gold reserves boost confidence in ZiG

Zimbabwe's gold reserves have surged by 198,7 percent to 4,48 tonnes in just two years, strengthening confidence in the country's gold-backed currency, the Zimbabwe Gold (ZiG), amid continued efforts...

By Staff reporter | Published: 19 May 2026

MINING & RETAIL

Botha Gold mine approval withdrawn

THE Ministry of Mines and Mining Development has withdrawn a controversial Siting of Works approval granted to Botha Gold Mine following allegations of fraud, forgery and abuse of office raised by Mu...

By Staff reporter | Published: 16 May 2026

MINING & RETAIL

Fidelity moves to formalise small-scale gold miners

Fidelity Gold Refinery is intensifying efforts to formalise Zimbabwe's artisanal and small-scale mining sector as part of broader measures aimed at curbing gold leakages and improving transparency wit...

By Staff reporter | Published: 13 May 2026

BUSINESS NEWS

Mnangagwa satisfied after RBZ gold reserves inspection

President Emmerson Mnangagwa today visited the Reserve Bank of Zimbabwe (RBZ) in Harare to inspect the country's current gold reserves and assess the stability of the financial system.He was informed ...

By Staff reporter | Published: 12 May 2026

BUSINESS NEWS

Zimbabwe gold reserves rise to 4,48 tonnes

President Emmerson Mnangagwa this morning visited the Reserve Bank of Zimbabwe to inspect the country's current gold reserves, as Zimbabwe continues strengthening its bullion-backed reserve strategy.O...

By Staff reporter | Published: 11 May 2026

MINING & RETAIL

Court ruling exposes deep cracks in Zimbabwe's gold trade

A High Court ruling in favour of Al Shams Global has exposed significant weaknesses in Zimbabwe's gold trading system and raised fresh questions over the conduct of the Reserve Bank of Zimbabwe (RBZ),...

By Staff reporter | Published: 29 April 2026

MINING & RETAIL

Mutapa Gold Resources CEO quits

Trevor Barnard has resigned as chief executive officer of Mutapa Gold Resources, just three months after leading the company's launch as a standalone gold entity.The company's board, chaired by Charle...

By Staff reporter | Published: 29 April 2026

ZIMBABWE

Gold-backed ETF set for VFEX debut

First Mutual Holdings Limited (FMHL) has launched a US dollar-denominated investment product designed to give local investors offshore exposure to gold-linked assets, as global demand for the precious...

By Staff reporter | Published: 22 April 2026

MINING & RETAIL

Zimbabwe's gold rush is combined with a power grab

IN THE MAZOWE river valley, 50km north of Harare, Zimbabwe's capital, the gold rush is hard to miss. Hillsides have been hewed by excavators that scoop out ore as if it were gelato from a tub.&n...

By Staff reporter | Published: 19 April 2026

MINING & RETAIL

Zimbabwe gold output rises 8% to 9 tonnes in Q1

Zimbabwe's gold deliveries increased by 8.3% in the first quarter of 2026, reaching 9.31 tonnes, according to the latest figures from Fidelity Gold Refinery (Fidelity Gold Refinery), reflecting contin...

By Staff reporter | Published: 17 April 2026

BUSINESS NEWS

Nust steps up move to start gold mining at Bulawayo campus

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...

By Staff reporter | Published: 17 December 2025

BUSINESS NEWS

Mthuli Ncube signals flexibility on gold royalty hike

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...

By Staff reporter | Published: 10 December 2025

BUSINESS NEWS

Higher royalties will boost gold smuggling from Zimbabwe

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 ...

By Staff reporter | Published: 05 December 2025

BUSINESS NEWS

Gold Mafia shadow haunts Zimbabwe main airport

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...

By Staff reporter | Published: 04 December 2025

BUSINESS NEWS

Zimbabwe gold reserves reach US$ 1 billion mark

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...

By Staff reporter | Published: 04 December 2025

BUSINESS NEWS

Zimbabwe to hike royalties on gold producers

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...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Fidelity expects record gold deliveries

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...

By Staff reporter | Published: 22 November 2025

BUSINESS NEWS

Gold price set to top US$4 000 by 2026

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...

By Staff reporter | Published: 09 November 2025

BUSINESS NEWS

US$2 million gold looted from Mutare river

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...

By Staff reporter | Published: 09 November 2025

BUSINESS NEWS

Zimbabwe moves to liberalise gold ownership

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...

By Staff reporter | Published: 06 November 2025
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