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

MINING & RETAIL

Gold buying prices per gram in Zimbabwe, 9 July 2025

Gold buying prices per gram in Zimbabwe today, 9 July 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).SG 90% and ABOVE US$100.71/g.SG ABOVE 89% BUT BELOW 90% US$99.64/g.SG...

By Staff reporter | Published: 09 July 2025

MINING & RETAIL

Kavango finds high-grade gold deposit in Zimbabwe

British mining firm Kavango Resources Plc has reported a major breakthrough in its exploration campaign at the Bill's Luck Gold Mine in southern Zimbabwe, revealing a high-grade gold intercept of 11.7...

By Staff reporter | Published: 08 July 2025

MINING & RETAIL

Zimbabwe's gold output surges

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 fro...

By Staff reporter | Published: 07 July 2025

MINING & RETAIL

Kavango exercises option to acquire Zimbabwe gold project

London-listed Kavango Resources has exercised its option to acquire 100% of the Nara gold project, in Zimbabwe.Kavango entered the option to acquire Nara in June 2023.To fund the Nara acquisition and ...

By Staff reporter | Published: 07 July 2025

MINING & RETAIL

Securico ordered to pay mine US$675k over gold bullion heist

Security firm DDNS Security Operations, trading as Securico, has been ordered by the High Court to pay US$675,000 to How Mine after it lost nearly 12 kilograms of gold bullion in an armed robbery whil...

By Staff reporter | Published: 04 July 2025

MINING & RETAIL

Zimbabwe gold exports jump 25% in June

Zimbabwe's gold exports soared by 24 percent in the first five months of 2025, reaching US$748 million compared to US$599.2 million during the same period in 2024, according to figures released by the...

By Staff reporter | Published: 04 July 2025

MINING & RETAIL

Fidelity Gold launches elite enforcement unit

Fidelity Gold Refinery (Private) Limited has launched a dedicated Gold Trade Enforcement Unit (GTEU), a landmark development aimed at clamping down on illegal gold trading, smuggling, and value chain ...

By Staff reporter | Published: 01 July 2025

BUSINESS NEWS

RBZ's decision to halt gold coin sales has drawn warnings

The Reserve Bank of Zimbabwe (RBZ)'s decision to suspend the sale of gold coins has drawn warnings from an economic analyst, who says the move could expose the Zimbabwe Gold (ZWG) currency to inflatio...

By Staff reporter | Published: 30 June 2025

BUSINESS NEWS

Foreign investment fuels Matabeleland gold rush

A surge in foreign investment and exploration activity in Zimbabwe's Matabeleland region is being hailed by mining analysts as a strong vote of confidence in the country's mining sector. This renewed ...

By Staff reporter | Published: 29 June 2025

MINING & RETAIL

Caledonia finds high-grade gold results from Blanket Mine

Jersey-registered Caledonia Mining Corporation has reported promising high-grade results from its ongoing resource expansion drilling programme at its flagship Blanket Mine in Zimbabwe, as the company...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

Mnangagwa set for Mozambique Golden Jubilee celebrations

President Emmerson Mnangagwa will tomorrow join fellow Heads of State and Government at Machava Stadium in Maputo for Mozambique's Golden Jubilee, marking 50 years since the country's independence fro...

By Staff reporter | Published: 24 June 2025

MINING & RETAIL

Promising gold discovery near Bulawayo

London-listed Kavango Resources Plc has announced the discovery of a series of significant gold intercepts at its flagship Hillside Gold Project near Bulawayo, further boosting Zimbabwe's profile as a...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe gold reserves rise to 3.4 metric tonnes

President Emmerson Mnangagwa today inspected the Reserve Bank of Zimbabwe (RBZ) vaults, where he was briefed on the status of the country's national gold reserves, which now stand at an impressive 3.4...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Mnangagwa inspects Zimbabwe's gold reserves

President Emmerson Mnangagwa on Thursday morning conducted a high-profile inspection of Zimbabwe's gold reserves held in the Reserve Bank of Zimbabwe (RBZ) vaults, following his directive for the coun...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

'Zimbabwe gold-backed currency stable' but ...

Zimbabwe's gold-backed currency now has more than 100% reserve cover and is stable, according to the central bank, but doubts over its credibility remain, underscored by a persistent premium in the pa...

By Staff reporter | Published: 18 June 2025
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