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Zimbabwe's mining sector sees gold surge

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 leaders advocate for value addition and sust…

Published: 13 Oct 2025 at 07:39hrs | 199 | by Staff reporter

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$110.36 per gram (US$3,431.66 per ounce) fo…

Published: 11 Sep 2025 at 09:56hrs | 13 | by Staff reporter

Man in court over US$650 000 gold ore theft

A 32-year-old Mudzi man accused of stealing more than 2 153 tonnes of gold ore worth nearly US$650 000 from a mining company in Makaha has been granted bail despite opposition from police and the State.Tadeas Dumba Bote of Tonge village, u…

Published: 09 Sep 2025 at 08:42hrs | 171 | by Staff reporter

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. Gold hit a peak of US$3,500 an ounce in …

Published: 08 Sep 2025 at 12:53hrs | | by Staff reporter

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 Kwekwe. The decision takes immediate effect…

Published: 06 Sep 2025 at 20:12hrs | | by Staff reporter

Zimbabwe's gold exports soar

Zimbabwe's gold exports surged to US$1,385 billion in the first seven months of 2025, a 60,5 percent increase from the US$863,1 million recorded during the same period last year, according to the latest Reserve Bank of Zimbabwe (RBZ) figur…

Published: 28 Aug 2025 at 06:53hrs | 376 | by Staff reporter

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 to undermine the gains.Gold output has…

Published: 24 Aug 2025 at 19:22hrs | | by Staff reporter

'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 stricter documentation processes, tighter …

Published: 14 Aug 2025 at 19:51hrs | | by Staff reporter

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.Geopolitical tensions, central bank buy…

Published: 14 Aug 2025 at 15:48hrs | | by Staff reporter

'ZiG outperforms regional peers'

The Reserve Bank of Zimbabwe (RBZ) has lauded the Zimbabwe Gold (ZiG) currency for its sustained stability and strong performance compared to several regional currencies within the Southern African Development Community (SADC) and beyond.I…

Published: 08 Aug 2025 at 13:02hrs | | by Staff reporter

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 minersâ€”commonly known as makorokoza - ravage the waterway and surrounding industrial zone in search of the prec…

Published: 25 Jul 2025 at 09:49hrs | | by Staff reporter

Violence breaks out at Vumbachikwe Mine as panners fight over gold

Violence broke out at the Vumbachikwe Mine in Gwanda on Tuesday morning, where illegal gold panners who are now the order of the day were fighting over gold.Since the closure of the mine in November 2022, the mining shafts have become site…

Published: 24 Jul 2025 at 14:45hrs | | by Stephen Jakes

Zimbabwe teachers join night-time gold rush

In a startling development highlighting Zimbabweâ€™s worsening economic crisis, teachers from Fusira, Musvovi, and Madzivanyika schools in Masvingo South have reportedly joined illegal gold panning activities at night in Mudemba Village, W…

Published: 16 Jul 2025 at 13:11hrs | | by Staff reporter

Illegal miners threaten Bulawayo infrastructure projects

The Bulawayo City Council (BCC) has raised alarm over the escalating invasion of its Khumalo gravel pit by illegal gold miners, warning that the activities of these panners threaten to derail critical road, water, and sewer infrastructure …

Published: 16 Jul 2025 at 07:43hrs | | by Staff reporter

Securico ordered to pay mine US$675,000 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 while ferrying the consignment to Bulawayo …

Published: 04 Jul 2025 at 14:35hrs | 526 | by Staff reporter

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 Reserve Bank of Zimbabwe (RBZ). The gr…

Published: 04 Jul 2025 at 09:22hrs | 144 | by Staff reporter

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 leakages that have cost Zimbabwe millio…

Published: 01 Jul 2025 at 12:23hrs | 286 | by Staff reporter

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 interest is driven by soaring global go…

Published: 29 Jun 2025 at 19:02hrs | 2710 | by Staff reporter

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 an attractive destination for mining inv…

Published: 20 Jun 2025 at 06:08hrs | 497 | by Christopher Mutambirwa

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 metric tonnes.The gold stockpile, buil…

Published: 19 Jun 2025 at 16:47hrs | 106 | by Staff reporter

'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 parallel market.The Reserve Bank of Zimba…

Published: 18 Jun 2025 at 18:30hrs | | by Staff reporter

Gold rally is bringing new riches to rural Zimbabwe

In Filabusi, the streets are packed with BMW X5s and Land Rover Defenders, modern houses paid for in cash are springing up and whisky is only sold by the bottle in the small town's bars.The three-year surge in gold prices, driven to a reco…

Published: 11 Jun 2025 at 09:43hrs | | by Ray Ndlovu

IMF wants Zimbabwe's gold-backed ZiG to become sole currency

The International Monetary Fund (IMF) has expressed support for the full adoption of Zimbabwe's new currency, the Zimbabwe Gold (ZiG), as the country pushes to secure a staff-monitored program (SMP) that could unlock much-needed debt restr…

Published: 11 Jun 2025 at 09:05hrs | 1161 | by Staff reporter

Zimbabwe gold reserves rises 12%

The Reserve Bank of Zimbabwe (RBZ) has announced that its gold reserves have grown by 12% to over 3.1 tonnes since March this year, bolstering the country's efforts to build a more stable foreign exchange buffer and restore public trust in…

Published: 06 Jun 2025 at 12:06hrs | 112 | by Staff reporter

How gold incentives work in Zimbabwe

IN the past few days, social media and media outlets have been awash with claims that there is grand looting of state funds between Treasury and a selected few individuals, especially after a payment instruction of about US$4.2 million for…

Published: 05 Jun 2025 at 17:10hrs | | by Trymore Sibanda

Zimbabwe Chamber of Mines optimistic about 100 tonnes gold target

The Chamber of Mines Zimbabwe (CoMZ) has expressed confidence that the country can meet the Government's ambitious annual gold production target of 100 tonnes, despite the current national target standing at 40 tonnes for 2025.CoMZ Preside…

Published: 05 Jun 2025 at 10:03hrs | | by Staff reporter

'Tsholotsho Gold Project has 1 million gold ounces potential'

United Kingdom-based mining company Ariana Resources Plc has announced that its flagship Dokwe Gold Project in Zimbabwe has the potential to yield more than one million ounces of gold, reinforcing investor confidence as the company prepare…

Published: 02 Jun 2025 at 18:40hrs | 668 | by Staff reporter

Gold miner pays fees for underprivileged learners

Shamva-based gold mining company Ming Chang has reaffirmed its commitment to community development by donating thousands of dollars worth of school fees and stationery to underprivileged learners at Ming Chang Primary School, in a continua…

Published: 02 Jun 2025 at 09:03hrs | 156 | by Staff reporter

Zimbabwe gold reserves surge to nearly US$700 million

The reserves backing Zimbabwe's structured currency, Zimbabwe Gold (ZiG), have soared to an impressive US$683 million, more than doubling since the currency's launch in April 2024 and significantly strengthening the currency's sustainabili…

Published: 01 Jun 2025 at 14:03hrs | 66 | by Staff reporter

Zimbabwe's gold sector performing exceptionally well, but

Zimbabwe's gold sector is experiencing a period of robust growth, yet mining leaders and experts are asking whether the country is fully capitalising on its mineral wealth.This was the central theme at the Gold Symposium held during the Ch…

Published: 24 May 2025 at 09:00hrs | | by Staff reporter

Gold sinks as trade talks, easing tensions impact haven demand

Gold fell as its haven status was impacted by signs of progress in trade talks between the US and China, along with some relief to geopolitical tensions.Bullion fell as much as 1,8 percent in early trading in Asia to around US$3 265 an oun…

Published: 13 May 2025 at 09:54hrs | 101 | by Staff reporter

Zimbabwe in massive gold mop up

The Zimbabwean government has launched an aggressive campaign to meet its 2025 gold delivery target of 40 tonnes, amid a global price surge that has seen the value of gold skyrocket to US$3,322.93 per ounce - a 40% increase since the begin…

Published: 11 May 2025 at 12:43hrs | 154 | by Staff reporter

Chitando bemoans gold smuggling

Mines and Mining Development Minister Winston Chitando has raised alarm over the persistent threat of gold smuggling and other illicit activities, warning that Zimbabwe could be losing up to 40% of its potential gold revenue, even as the s…

Published: 09 May 2025 at 11:02hrs | 209 | by Staff reporter

Zimbabwe records 62,5% rise in gold deliveries

Zimbabwe's gold sector continues to perform exceptionally well, with April 2025 gold deliveries reaching a remarkable 3.9 tonnes, marking a 62.5% increase from the 2.4 tonnes recorded during the same period in 2024.According to Fidelity Go…

Published: 08 May 2025 at 16:05hrs | | by Staff reporter

Fresh US$100m gold scandal rocks treasury as top Zanu-PF ally implicated

A major financial scandal has erupted at Zimbabwe's Finance Ministry, exposing what appears to be a fraudulent US$100 million payout to a shadowy company linked to a top Zanu-PF gold dealer, Pedzisayi "Scott" Sakupwanya. The illegal paymen…

Published: 22 Apr 2025 at 08:29hrs | 6557 | by Staff reporter

Caledonia Mine sets new gold production record

Caledonia Mining Corporation Plc, a Jersey-domiciled miner focused on Zimbabwe's gold sector, has reported a near 10% increase in gold production for the first quarter of 2025, with a total of 18,671 ounces of gold produced at its Blanket …

Published: 16 Apr 2025 at 23:24hrs | 144 | by Staff reporter

Mnangagwa swears in 2 new ministers

President Emmerson Mnangagwa yesterday swore in two newly-appointed ministers at State House in Harare, who immediately pledged their commitment to fulfilling the national Vision 2030 agenda of creating an empowered upper-middle-income soc…

Published: 16 Apr 2025 at 23:13hrs | 243 | by Staff reporter

NUST enlists police to combat illegal gold mining on campus

The National University of Science and Technology (NUST) has called in the Zimbabwe Republic Police (ZRP) to help tackle a growing crisis of illegal gold panning that has infiltrated its main campus in Bulawayo, resulting in significant la…

Published: 16 Apr 2025 at 22:56hrs | 200 | by Staff reporter

Fidelity Gold Refinery invites bids for gold collection centre construction

Fidelity Gold Refinery (FGR), a wholly owned subsidiary of the Mutapa Investment Fund, has issued a tender for the construction of gold collection centres as part of efforts to improve accessibility and efficiency in Zimbabwe's gold-buying…

Published: 23 Mar 2025 at 08:08hrs | 223 | by Staff reporter

Zimbabwe's bullion-backed ZiG is missing out on gold's record run

Zimbabwe's bullion-backed currency is missing out on an impressive gold rally, because of a liquidity squeeze that's choking the economy and difficulties in exchanging the unit for dollars.Since the ZiG, short for Zimbabwe Gold, started tr…

Published: 14 Feb 2025 at 08:40hrs | 432 | by Staff reporter

3 Zimbabweans arrested in Limpopo's illegal gold processing operation

Four suspects, three Zimbabwean and one Mozambican, were arrested following the discovery of an illegal gold processing laboratory along the R71 near Tarentaalrand in the Letsitele policing area under Mopani District in Limpopo.With the am…

Published: 12 Feb 2025 at 06:38hrs | 327 | by Staff reporter

Court reinstates gold mine shareholder's rights

The High Court has overturned a decision by minority shareholders of Botha Gold Mine to remove Themba Hlongwane from his position, bringing a close to a contentious boardroom coup that had sparked a fierce court battle.The minority shareho…

Published: 10 Feb 2025 at 06:39hrs | | by Staff reporter

Wedza man axes colleague over gold dispute

A 28-YEAR-OLD Wedza man was arraigned at Bindura magistrates courts yesterday after he axed his friend in Mazowe over a gold dispute.Denford Gambiza was sentenced to five years in jail by Bindura magistrate after he attempted to kill his c…

Published: 31 Jan 2025 at 15:06hrs | 689 | by Simbarashe Sithole

Road to SA Golf Challenge resumes

The Bard Santner Road to SA Golf Challenge resumed on January 18, reinvigorating Harare's golfing and business community after a brief festive season break. As the next round approaches on February 8, excitement is building for another day…

Published: 24 Jan 2025 at 18:27hrs | | by Staff reporter

Zimbabwe gold shaft collapse kills seven people

Police in Zimbabwe said on Monday that seven artisanal miners were killed in a disused gold shaft when it collapsed at the weekend.Few details were given on the circumstances of the collapse on Saturday in Bindura, about 85 kilometres (53 …

Published: 21 Jan 2025 at 13:54hrs | 1611 | by Staff reporter

Govt warns schools against manipulating exchange rates

As Zimbabwean schools prepare to open for the first term this Tuesday, the Government has issued a stern warning to schools engaging in fraudulent foreign exchange practices. Reports have surfaced of schools coercing parents to pay fees in…

Published: 12 Jan 2025 at 11:58hrs | | by Staff reporter

NatFoods bemoans limited ZWG acceptability

Zimbabwe's listed food manufacturer, National Foods (NatFoods), has expressed concern over the limited acceptability of the Zimbabwe Gold (ZWG) as a medium for sourcing raw materials, highlighting the challenges faced by businesses in adju…

Published: 10 Dec 2024 at 07:09hrs | 728 | by Staff reporter

US, UK sanction Gold Mafia linked dealer

The United States and Britain imposed sanctions on several individuals and businesses linked to global gold smuggling and money laundering networks, with Zimbabwean businessman Kamlesh Pattni at the center of the operation.The sanctions, a…

Published: 10 Dec 2024 at 07:08hrs | 990 | by Staff reporter

Court evicts miners from Kuruneri's farm

High Court judge Justice Christopher Dube-Banda has ordered the eviction of miners engaged in gold mining activities on Ascotvale Farm in Mazowe, Mashonaland Central, following a legal challenge by Paidamoyo Kuruneri, widow of the late for…

Published: 05 Dec 2024 at 06:53hrs | 331 | by Staff reporter

Gold glitters as Caledonia's profit after tax jumps 872%

Caledonia Mining Corporation Plc, listed on the Victoria Falls Stock Exchange, has reported a remarkable 872% rise in profit after tax to US$16.45 million for the nine months ending September 30, 2024. This substantial increase, compared t…

Published: 12 Nov 2024 at 10:57hrs | 136 | by Staff reporter

Search / Gold

BREAKING: Chiwenga warns Zimbabweans against demonstrating on October 17

Mnangagwa doles out more cars

RBZ urged to reduce bank charges

'Tagwirei funded the military in 2017 coup that toppled Mugabe'

120MW boost as Hwange Unit 6 restored

Mliswa urges govt and Winky D to reconcile

Minister Phuti warns of rising cyber threats

CSOs Launch Fifth Africa Week of Action Against Water Privatisation

ZCDC boosts diamond value addition

Masvingo council bans bathing in streams and reservoirs to protect water supply

Zimbabwe launches National Public Health Institute

Notorious Chitungwiza robber released, re-arrested

Zimbabwe under fire over 'selective justice'

Zimbabwe urged torepeal repressive laws

Zimbabwe projects cereal surplus

Josephine Mutongi facing multiple charges

An ancient tradition is helping girls in Zimbabwe fight child marriages

Zimbabwe's Nate Landman sets franchise tackles record

Nurse found guilty of premeditated murder of husband

Inyathi Hospital found with obsolete equipment amid rural health oversight tour

Real estate sector demands tougher penalties for bogus agencies

Unless Zimbabwe army takes to the streets, there will be no protest

Chiwenga supporters issue red alert over alleged assassination Plot, call for mass mobilisation

PHOTOS: Scenes at Zanu PF National Conference

Time for President Mnangagwa to uphold his constitutional oath

Mliswa challenges Operation Restore Legacy narrative, calls for institutional reform over hero worship

Education Minister hails Starlink approval as game-changer for Zimbabwe's schools

Geza's October 17 revolution is a paper tiger: Come back home and lead!

When education becomes a business, Zimbabwe loses its future

Mthwakazi demands UK apology over colonialism

Chiwenga supporters issue red alert over alleged assassination Plot, call for mass mobilisation

Business tycoon Mohamed Mussa dies

PHOTOS: Scenes at Zanu PF National Conference

Unless Zimbabwe army takes to the streets, there will be no protest

Police name victims of Chigumira shops bloodbath

Chiwenga accused of incitement, treason

MP's death: More details emerge

Kuda Tagwirei joins Zanu-PF Central Committee

BREAKING: Chiwenga warns Zimbabweans against demonstrating on October 17

Mliswa challenges Operation Restore Legacy narrative, calls for institutional reform over hero worship

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