NEWS

MIF Targets US$10 Billion to Restructure SOEs and Boost the Mining and Energy Sectors

The Mutapa Investment Fund (MIF) is seeking more than US$10 billion to expand operations across its portfolio as it steps up efforts to turn...

Gold buying prices in Zimbabwe per gram/ ounce, 9 January 2026

Gold buying prices in Zimbabwe per gram/ ounce, 9 January 2026, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).1 oz =...

FGR Opens Mashava Buying Office, Boosting Local Miners and Championing Responsible Sourcing

In a significant development for the local mining community, Fidelity Gold Refinery (FGR) has established a new gold buying office at the ZB Bank...

Spanish firm rolls in to anchor US$499m Karo Platinum development

Tharisa Plc has taken a decisive step toward advancing its long-delayed Karo Platinum Mine in Zimbabwe after awarding a key mining contract to Spanish...

Kambamura’s Presence at Mining Indaba Likely to Draw Heightened Investor Interest and Scrutiny

The presence of Zimbabwe’s newly appointed Minister of Mines and Mining Development, Dr Polite Kambamura, at the upcoming Investing in African Mining Indaba is...

Gold Deliveries Increase 46.9% in 2025, ASM Sector Nearly Smashes Prior Year’s Total

Zimbabwe's gold mining sector delivered a historic and record-shattering performance in 2025, officially surpassing the national 40-tonne target a month early and posting a...

Bullish 2026 Gold Outlook Points to 10% Royalty Kicking In Sooner Rather Than Later

Much sooner rather than later, local gold producers could find themselves subject to a 10% royalty to the Government of Zimbabwe, as global banks...

Karo Mining Cuts FY2025 Loss as Platinum Price Recovery Revives Project Momentum

Karo Mining Holdings Plc, the VFEX-listed investment company developing the Karo Platinum Project in the Great Dyke, reduced its consolidated loss in the year...

Gold buying prices in Zimbabwe per gram/ ounce, 8 January 2026

Gold buying prices in Zimbabwe per gram/ ounce, 8 January 2026, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).1 oz =...

High Court Dismisses Zdamwu’s Bid To Place Riozim Under Corporate Rescue

The High Court has dismissed an application by the Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) and two employees to place mining giant...

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