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Q2 Mining Confidence Index Down to 12.9: ZIMSTAT

The Zimbabwe Statistical Agency (Zimstat) Business Tendency Survey for the second quarter of 2024 reveals that the mining confidence index has declined to 12.9 from 15.9 in the first quarter. Miners cited cash flow difficulties among...

Gold Export Surge Fails to Curb Growing Trade Deficit in September

Despite a 40.2% surge in gold output in August, up from 37.9% in the previous month, Zimbabwe's trade deficit widened by 4.2% in September, reaching US$207.6 million, up from US$199.1 million in August, according to the...

Only Four Companies Submit Lithium Beneficiation Plans – Government Extends Deadline

The government of Zimbabwe, through the Ministry of Mines and Mining Development, has extended the submission deadline for beneficiation plans from lithium producers by two months. This decision comes after receiving only four proposals from large-scale...

Chrome Production Surges by Over 4 Percent

Chrome production in Zimbabwe experienced a notable surge, increasing by 4.37 per cent in 2023 compared to the previous year, as reported by the country's statistics agency, ZIMSTAT.By Rudairo MapurangaThis surge translated to a production of...

Lithium Production Increases by Over 760 Percent

Lithium production surged by over 760 per cent in 2023, driven by the activation of several mines and lithium processing facilities.by Rudairo MapurangaAccording to data released by the country's statistics agency ZIMSTAT, production skyrocketed to 745,455...

Diamond production increases by 5 percent

Diamond production in Zimbabwe saw a notable increase of 4.99 per cent in 2023 compared to the previous year, according to statistics provided by ZIMSTAT.In 2023, the country produced a total of 5,107,931 carats, marking a...

Nearly four thousand miners lost employment in Q2

Nearly 4000 people employed in the mining industry lost employment during the second quarter of 2023, statistics by Zimbabwe National Statistics Agency (ZimStat) show.Rudairo MapurangaAccording to ZimStat, overall during the period, 68 296 people lost employment...

Zimbabwe Lithium output jumps to 169,5%

Zimbabwe has seen a significant increase in lithium production in the first quarter of 2023, as reported by the Zimbabwe National Statistics Agency (Zimstat). Zimbabwe's lithium output has increased steadily in recent years, producing 1,200 metric tonnes...

Zim loses billions in mineral revenue

ZIMBABWE continues to export its major minerals in a raw or semi-processed form, resulting in the country losing billions of dollars in potential revenue, official data has shown.According to findings from the Zimbabwe National Statistics Agency...

Will Hwange Become Zim’s Next Ghost Town? As World Moves Away From Fossil Fuels

One of the major outcomes from the climate summit (COP26) in Glasgow, Scotland last year was the bold call by world leaders to phase out coal as a source of energy – a more radical stance...

Minerals earn Zim US$5bn

ZIMBABWE earned at least US$5 billion from mineral exports in 2021, as investments by mining entities in recent years boosted output and placed the country firmly on course to meet its target of a US$12 billion...

Mining, agric maintain grip as Zim exports top earners

ZIMBABWE’S agro-industrial and mineral commodities continue to maintain the grip as the country’s top export drivers further confirming agriculture and mining as the economic mainstays in meeting the national development agenda.Under Vision 2030, the Second Republic...

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