BUSINESS NEWS

Parly committee raises alarm over gold incentives

The Parliamentary Portfolio Committee on Mines and Mining Development has sounded alarm over reports that some large-scale gold miners are manipulating payment models and incentives crafted to suppor...

By Staff reporter | Published: 6 hours ago

BUSINESS NEWS

Illegal gold mining halted in Bulawayo's affluent suburbs

Residents of Bulawayo's upscale suburbs, New Parklands and Mqabuko Heights, have received a reprieve following extensive illegal gold mining that plagued the communities for over a year. Miners had ...

By Staff reporter | Published: 04 October 2025

MINING & RETAIL

Zimbabwe gold prices move to 118.26 per gram

Zimbabwe's artisanal and small-scale gold miners are reaping major rewards after gold prices surged to US$118.26 per gram (3,678.64 per ounce), the highest level recorded in recent months.The price ra...

By Staff reporter | Published: 02 October 2025

MINING & RETAIL

Kavango discovers high-grade gold in Zimbabwe

Kavango Resources, a London-listed and Victoria Falls Stock Exchange-listed metals exploration and gold production company, has reported encouraging results from its latest surface drilling programme...

By Staff reporter | Published: 25 September 2025

BUSINESS NEWS

Gold panners threaten Mutare water source

Mutare City Council is weighing plans to deploy municipal police to safeguard the Nyakaunga River, one of the city's main water sources, amid growing threats from illegal gold panning.Speaking during ...

By Staff reporter | Published: 24 September 2025

BUSINESS NEWS

Kavango begins construction of gold plant

British miner Kavango Resources Plc has commenced construction of a 50-tonne-per-day (tpd) Carbon in Pulp (CIP) gold processing plant at its Bill's Luck Gold Mine in Zimbabwe, marking a key step towa...

By Staff reporter | Published: 17 September 2025

MINING & RETAIL

Gold prices hit record high

Zimbabwe's gold miners are celebrating as local gold prices hit record levels on 9 September 2025, according to the latest mining sector data.Fidelity Gold Refinery (FGR) reported a top rate of US$110...

By Staff reporter | Published: 10 September 2025

BUSINESS NEWS

Court clears Pam Golding in property dispute

The High Court has dismissed a lawsuit against real estate firm Pam Golding Properties, ruling that the company fulfilled its obligations under an agency agreement in a disputed property sale.Justice ...

By Staff reporter | Published: 08 September 2025

MINING & RETAIL

Zimbabwe's gold boom spurs laboratory expansion

Zimbabwe has witnessed a surge in gold mining exploration and production in recent months, driven by record-high gold prices that have made the metal increasingly attractive to investors and miners. ...

By Staff reporter | Published: 08 September 2025

BUSINESS NEWS

Govt revokes mining licence near school

The Government has cancelled the operating licence of a gold mining company that had been carrying out gold leaching activities near the newly built US$600,000 Globe and Phoenix Primary School in Kwek...

By Staff reporter | Published: 06 September 2025

BUSINESS NEWS

Record gold prices brighten Zimbabwe's trade outlook

Gold surged to a new all-time high on Tuesday, lifting Zimbabwe's economic prospects as the country continues to benefit from strong exports of the precious metal.Spot gold climbed 0,8 percent to a re...

By Staff reporter | Published: 03 September 2025

LANDS & AGRICULTURE

Zimbabwe's blueberries become 'blue gold'

Zimbabwe is cashing in as its blueberry exports surge, making the fruit a prized commodity in international markets from Singapore to Europe and the UK.Trade promotion body ZimTrade announced that Sin...

By Staff reporter | Published: 25 August 2025

BUSINESS NEWS

Zimbabwe's gold boom masked by environmental ruin

Zimbabwe's gold sector is experiencing one of its strongest rallies in years, but behind the production surge lies a darker reality of smuggling, lawlessness, and environmental collapse that threatens...

By Staff reporter | Published: 24 August 2025

ECONOMC INDICATORS

Gold edges up as traders await guidance

Gold edged higher as traders weighed the outlook for US monetary policy ahead of a key speech by Federal Reserve Chair Jerome Powell later this week.Bullion traded near US$3 330 an ounce as markets aw...

By Staff reporter | Published: 21 August 2025

POLITICS

Panners stone rival to death over stolen gold ore

Two illegal gold panners from Filabusi have been arrested after allegedly killing a fellow miner in a violent dispute over stolen gold ore.Melusi Dube, 28, and Ntuthuko Moyo, 31, appeared before Gwa...

By Staff reporter | Published: 19 August 2025

MINING & RETAIL

Small-scale miners lead Zimbabwe's gold deliveries

Small-scale miners have emerged as the driving force behind Zimbabwe's gold output in the first half of 2025, delivering the bulk of the 24.32 tonnes processed during this period.According to data fr...

By Staff reporter | Published: 16 August 2025

BUSINESS NEWS

'Gold war' in Filabusi

Residents of Filabusi in Matabeleland South are calling on the Ministry of Mines and other authorities to urgently address deep-rooted problems driving violence in the gold mining sector.They want st...

By Staff reporter | Published: 16 August 2025

MINING & RETAIL

Zimbabwe labs struggle with a surge in mineral samples

Zimbabwean laboratories are struggling to cope with a surge in mineral samples submitted by mines ramping up exploration activity in response to record gold prices, a mine executive said on Wednesday....

By Staff reporter | Published: 14 August 2025

AFRICA NEWS

SA police hunt for Zimbabwean gold mining kingpin

The National Prosecuting Authority (NPA) has amended the indictment against eight suspects accused of involvement in an alleged illegal mining syndicate following the repeated failure of the suspected...

By Staff reporter | Published: 10 August 2025

BUSINESS NEWS

Zimbabwe's brief gold coin revival ends with little impact

Zimbabwe's central bank has ended its short-lived reintroduction of gold coins, citing high demand and rising international prices, but economists say the effort had little macroeconomic effect and of...

By Staff reporter | Published: 07 August 2025

ZIMBABWE

First Mutual to list Zimbabwe's first gold ETF

First Mutual Holdings Limited (FMHL) is poised to launch Zimbabwe's first-ever Gold Exchange Traded Fund (ETF) on the Victoria Falls Stock Exchange (VFEX) in the second half of 2025, following the rec...

By Staff reporter | Published: 31 July 2025

MINING & RETAIL

Namib Minerals injects US$300m to revive Zimbabwe mine

Leading Zimbabwean gold producer How Mine, now under the ownership of Namib Minerals, is entering a new growth phase as the company embarks on a US$300 million investment drive to revive Mazowe and Re...

By Staff reporter | Published: 31 July 2025

ECONOMC INDICATORS

Tobacco, gold dominate Zimbabwe's exports

Zimbabwe's export economy remains firmly anchored in its traditional staples of tobacco and gold, while imports are still dominated by fuel, vehicles, and machinery, according to the latest Trade and ...

By Staff reporter | Published: 29 July 2025

BUSINESS NEWS

Gold rush wreaks havoc in Mutare City

Mutare's Sakubva River, located near the city's bustling Central Business District, is under siege as waves of artisanal gold miners - commonly known as makorokoza - ravage the waterway and surroundi...

By Staff reporter | Published: 29 July 2025

BUSINESS NEWS

Zimbabwe gold makes currency history

Welcome Mavingire, managing consultant at INTELLEGO Investment Consultants, has hailed the Zimbabwe Gold (ZiG) currency's recent stability as the longest sustained period for a domestic currency in...

By Staff reporter | Published: 14 July 2025
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