NEWS

RBZ Wary of Subdued PGM Prices’ Impact on Export Earnings

The Reserve Bank of Zimbabwe (RBZ) is concerned about the anticipated decline in platinum group metal (PGM) prices in 2025, driven by slowing demand...

Kuvimba Seeks US$950M to Supercharge its Projects

Zimbabwe's state-owned miner, Kuvimba Mining House (KMH), is gearing up for a new round of financing to revitalize several key mining projects, just a...

Mnangagwa Appoints second Deputy Minister of Mines

President Mnangagwa has appointed Mutoko North Member of Parliament, Hon Caleb Makwiranzou, as the second Deputy Minister of Mines and Mining Development, Mining Zimbabwe...

Gold on Track to hit US$100/g in 2025 Amid Trade War Chaos

Gold prices are on a meteoric rise, fueled by escalating global trade tensions and inflation concerns. As of today, the international price of gold...

Gold Hits Record High as Trump’s New Tariffs Spark Market Volatility

Gold prices surged to a record high of $2,933 per ounce on February 11, 2025, up from $2,917.90 the previous day, driven by escalating...

Man Jailed 20 Years for Killing Mine Security Guard

A Gweru man, Colleen Ngwenya, has been sentenced to 20 years in prison for the murder of a security guard at Ngwenya Mine, Lower...

Gold buying prices per gram in Zimbabwe, 11 February 2025

Gold buying prices per gram in Zimbabwe today 11 February 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).SG 90% and...

Botha Mine Reasserts Transparency in Wake of Fraud Allegations

Bindura-based mine, Botha Gold Mine, has taken decisive steps to address ongoing allegations and restore stakeholder confidence following the suspension of its top leadership,...

Anglo American Platinum Forecasts Sharp Earnings Decline for FY2024

Anglo American Platinum, one of the world’s largest producers of platinum group metals (PGMs), is bracing for a significant earnings decline for the year...

ZDAMWU Recognized at Annual National Labour Champions Awards 2024

The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has once again demonstrated its commitment to excellence in trade union leadership, as evidenced by...

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