NEWS

Zimplats’ Rukodzi Mine Set to Close Following Successful Pillar Reclamation Project

The country's leading platinum group metals (PGM) producer, Zimplats, is preparing to close operations at its Rukodzi Mine in June 2025, marking the end...

Parliament Calls for Stronger ESG Commitment in Mining Sector, Says Impact Must Go Beyond Taxes

The Chairman of the Parliamentary Portfolio Committee on Mines and Mining Development, Hon Remigious Toendepi Matangira, has called for a more comprehensive Environmental, Social,...

DISCO Calls for Urgent Railway Overhaul to Unlock Zimbabwe’s Trade Potential

Ben Xu Says Grand Railway Solution Key to Efficient Steel, Mineral Exports Dinson Iron and Steel Company (DISCO) Chief Executive Officer Ben Xu has called...

China’s “Supergiant” Discovery Could Be the Largest Gold Deposit Ever Found

Geologists in China may have uncovered what could become the largest gold mine in the world, following the discovery of a massive deposit beneath...

Karo Platinum Unveils Energy Strategy to Tackle Zimbabwe’s Power Deficit

Karo Platinum has announced a multi-pronged strategy to mitigate Zimbabwe’s chronic power shortages, including strengthening regional grid access and investing in renewable energy infrastructure...

Karo Platinum Advances Project as It Seeks $165M to Complete Zimbabwe’s Next Major PGM Operation

Karo Platinum, a Zimbabwean platinum group metals (PGM) project owned by Tharisa, is ramping up construction at its Chegutu site as it works to...

CBZ Commits US$254 Million Despite Mining Sector Risk, Eyes Bigger Role in Funding Gap

One of Zimbabwe’s largest financial institutions, CBZ Holdings, says it has invested a substantial US$254 million into the country’s mining sector — a bold...

Caledonia Boosts Local Enterprise Growth by Strengthening Homegrown Supply Chains

Across Zimbabwe’s mining sector, companies are increasingly recognising the strategic value of developing local enterprises and strengthening domestic supply chains. By Ryan Chigoche Notably, Platinum Group...

Unreliable Power Forces Miners to Pay More Taxes Due to Lack of Beneficiation

The Deputy Minister of Finance and Investment Promotion, David Mnangagwa, has warned that continued power supply challenges are directly undermining the country’s beneficiation goals,...

Gold buying prices per gram in Zimbabwe, 30 May 2025

Gold buying prices per gram in Zimbabwe today, 30 May 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).SG 90% and...

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