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Mine Managers Gear Up for Explosives technical Tour at Intrachem

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The Association of Mine Managers of Zimbabwe (AMMZ) will hold its highly anticipated Q2 2025 Technical Visit on the 25th of April 2025 at Intrachem’s Explosives Factory in Kwekwe.

Running under the theme of knowledge sharing and innovation, the event brings together key stakeholders in Zimbabwe’s mining industry to exchange critical insights, enhance professional networks, and tour Intrachem, which is one of the country’s leading explosives manufacturing facilities.

Intrachem Private Limited (‘’Intrachem”) is a Zimbabwean registered company, operating since 1990. Its primary business is the supply of explosives, explosives accessories, and process chemicals for the mining, quarrying and manufacturing industries.

Intrachem offers quality products at competitive prices and guarantees timely delivery; thanks to a wide branch network around Zimbabwe, and excellent logistics arrangements around the globe.

The Technical visit will feature a range of activities, including:

  • Knowledge Sharing Sessions – Participants will engage in discussions focused on sharing technical skills, industry experience, and emerging trends in mining operations and safety.

  • Factory Tour – A guided tour of Intrachem’s Explosives Factory, offering delegates firsthand exposure to the manufacturing processes behind critical blasting and explosive solutions.

  • Networking Opportunities – Attendees will interact with peers, suppliers, and key stakeholders from across the sector.

The event is supported by major names in the explosives and blasting industry, including Austin Powder, Enaex, and Dyno Nobel.

The event will run from 0930hrs to 1430hrs.

Registration is available via AMMZ’s official social media platforms (LinkedIn, Facebook, X) and website or HERE. Interested participants are encouraged to RSVP promptly.

For more information, contact Gift at +263 772 570 091.

Gold buying prices per gram in Zimbabwe, 18 April 2025

Gold buying prices per gram in Zimbabwe today, 18 April 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

SG 90% and ABOVE US$100.43/g.
SG ABOVE 89% BUT BELOW 90% US$99.37/g.
SG ABOVE 80% BUT BELOW 85% US$98.30/g.
SG ABOVE 75% BUT BELOW 80% US$97.24/g.
SAMPLE BELOW 10g BUT ABOVE 5g US$95.65/g.

Fire Assay CASH $100.96/g.

NB: Fire Assay cash price is for gold above 100g; no sample is deducted.
A sample of not more than 10g is deducted for the Fire Assay Transfer price.
A 2% royalty is charged on all deposits (Small-scale miners).
A 5% royalty is set for Primary Producers.

Zim, China’s Hunan Province to Deepen Collaboration in Exploration, Value Addition and Mining Infrastructure

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Zimbabwe is set to strengthen strategic cooperation with China’s Hunan Province in the areas of mineral exploration, value addition, and the development of value chain infrastructure, as both parties seek to unlock the full potential of Zimbabwe’s vast mineral resources, Mining Zimbabwe can report.

By Rudairo Mapuranga

Speaking during a high-level meeting with a visiting delegation from China’s Hunan Province in Harare, the Minister of Mines and Mining Development, Hon. Winston Chitando, reaffirmed Zimbabwe’s commitment to fostering mutually beneficial partnerships in the mining sector under the Second Republic’s pro-investment agenda.

“On the journey towards achieving an upper-middle-income economy, the Second Republic has prioritized investment across various sectors of the economy, underpinned by the mantra ‘Zimbabwe is Open for Business’,” said Minister Chitando. “While the country has more than 60 known minerals, only about 10 are being actively extracted. We believe this partnership will help unlock value in the remainder.”

He outlined Zimbabwe’s three-pronged strategy to attract investment from China and other partners. “First, we’ve reopened closed mines. Second, we’ve activated areas where minimal exploration is needed to begin mining. Third, we’ve issued exploration licences for long-term mining targets. I’m pleased to say China has significantly invested across all three areas.”

Chitando noted that Chinese companies have made substantial investments in sectors including coal, ferrochrome, steel, and lithium. “We envision future cooperation around investment in exploration capital, partnerships with existing operations, and developing infrastructure to support mining activities — including railways, laboratory services, and technology transfer,” he said.

He emphasized that value addition remains the cornerstone of Zimbabwe’s mining policy. “We’re seeking investment not only in mineral extraction, but also in refining and processing — ensuring that Zimbabwe exports finished products instead of raw minerals.”

In his remarks, the Deputy Governor of Hunan Province, whose delegation was in Zimbabwe to explore areas of cooperation, commended the country’s resource potential and affirmed the Chinese province’s commitment to strengthening ties.

“In order to further deepen cooperation between Hunan and Zimbabwe, I would like to make three proposals,” said the Deputy Governor. “First, we should jointly invest in mining development, resource exploration, mineral processing, and green mining.”

He added that Hunan Province is particularly interested in working with Zimbabwe on resources like lithium, iron ore, and other critical minerals required for modern industry.

“Our collaboration can also extend to mining technology, infrastructure, and environmental management, ensuring sustainable development while enhancing industrialisation in both regions,” he said.

The engagement between the Ministry of Mines and the Hunan delegation reflects a broader diplomatic and economic partnership between Zimbabwe and China, with mining identified as a key pillar of future cooperation.

Adding to Its Woes: Premier Hit by Ethiopian Licence Revocation via Circum Stake

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Premier African Minerals’ turbulent investment narrative continues to unfold as the company has been informed that the Ethiopian Ministry has revoked the Mining and Licence Agreement (MLA) of Circum Minerals Limited, the potash developer in which it holds an indirect stake, Mining Zimbabwe can report.

By Rudairo Mapuranga

According to an official update, Circum’s MLA has been cancelled by Ethiopian authorities despite the declaration of force majeure that has been in place since 20 September 2022. Circum, which has a significant potash development project in the Danakil Basin, is partly owned by Vortex Limited — the vehicle holding Premier’s 13.1% stake, equating to a 4.8% effective interest in Circum.

Vortex holds 36.7% of Circum’s issued shares following a share swap agreement finalised on 10 February 2022. Premier’s interest in Vortex was last carried at a value of US$501,000 as of 30 June 2024.

In response to the licence revocation, Circum has declared a dispute, triggering arbitration proceedings as per the terms of the MLA. Renowned international law firm Boies Schiller Flexner has been engaged to represent Circum in the matter.

George Roach, CEO of Premier African Minerals, expressed his belief that Circum’s Danakil Basin asset still holds promise:

“This property has great potential, and we believe it will become a producing mine. Based on the facts as they have been explained to Premier by Vortex, we believe that the MLA should in due course hopefully be restored to Circum.”


A Compounding Setback

This development adds to Premier’s mounting challenges. The company is already managing setbacks at its flagship Zulu Lithium Project in Zimbabwe, where it has faced production delays and financial pressure under the terms of a contentious offtake agreement with Canmax Technologies. The revocation of Circum’s licence is yet another blow to Premier’s asset portfolio and investor confidence.

While arbitration may ultimately yield a resolution, the process could be lengthy and further dampen the short-term valuation and outlook of Premier’s diversified interests.

With over US$500,000 still tied to its indirect interest in the Danakil potash venture, Premier will now be hoping the dispute’s outcome will not render that investment a write-off — and that Circum can resecure the rights to what is considered one of the world’s largest undeveloped potash projects.

Zimbabwe Gold Price Hits Over US$100 per Gram!

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Gold miners in Zimbabwe are smiling all the way to Fidelity Gold Refinery (FGR) after buying prices surged past US$100 per gram.

By Keith Sungiso

As of today, 17 April 2025, Fidelity Gold Refinery (FGR) is paying US$100.95/g for high-grade gold (90% purity and above).

This marks a significant moment for local producers and artisanal miners alike.

Here are the detailed rates from FGR:

  • SG 90% and ABOVE: US$100.95/g
  • SG ABOVE 89% BUT BELOW 90%: US$99.88/g
  • SG ABOVE 80% BUT BELOW 85%: US$98.82/g
  • SG ABOVE 75% BUT BELOW 80%: US$97.75/g
  • SAMPLE BELOW 10g BUT ABOVE 5g: US$96.15/g
  • Fire Assay (CASH): US$101.49/g

This rise in prices is expected to boost small-scale mining activity and further incentivise formal gold deliveries. Zimbabwe’s gold mining sector continues to play a key role in foreign currency generation, and such price shifts offer renewed hope for growth and investment in the industry.

With global prices on the rise, this is the time to dig, deliver, and earn more than ever before!

For regular updates on gold prices and mining sector developments, stay tuned to Mining Zimbabwe.

Gold buying prices per gram in Zimbabwe, 17 April 2025

Gold buying prices per gram in Zimbabwe today, 17 April 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

SG 90% and ABOVE US$100.95/g.
SG ABOVE 89% BUT BELOW 90% US$99.88/g.
SG ABOVE 80% BUT BELOW 85% US$98.82/g.
SG ABOVE 75% BUT BELOW 80% US$97.75/g.
SAMPLE BELOW 10g BUT ABOVE 5g US$96.15/g.

Fire Assay CASH $101.49/g.

NB: Fire Assay cash price is for gold above 100gs; no sample is deducted.
For the Fire Assay Transfer price, a sample of not more than 10g is deducted.
A 2% royalty is charged on all deposits (Small-scale miners).
A 5% royalty is set for Primary Producers.

Gold buying prices per gram in Zimbabwe, 16 April 2025

Gold buying prices per gram in Zimbabwe today, 16 April 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

SG 90% and ABOVE US$97.81/g.
SG ABOVE 89% BUT BELOW 90% US$96.78/g.
SG ABOVE 80% BUT BELOW 85% US$95.74/g.
SG ABOVE 75% BUT BELOW 80% US$94.71/g.
SAMPLE BELOW 10g BUT ABOVE 5g US$93.16/g.

Fire Assay CASH $98.33/g.

NB: Fire Assay cash price is for gold above 100gs; no sample is deducted.
For the Fire Assay Transfer price, a sample of not more than 10g is deducted.
A 2% royalty is charged on all deposits (Small-scale miners).
A 5% royalty is set for Primary Producers.

BMC to Spend Over US$4 Million on Expansion Projects

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Bulawayo Mining Company (BMC), which owns How Mine in Bulawayo, is planning to spend US$4.5 million on expansion projects that are expected to ramp up the current level of production by 18%, Mining Zimbabwe can report.

By Rudairo Mapuranga

BMC is conducting extensive exploration activities to identify new gold deposits near How Mine. These efforts aim to extend the mine’s lifespan and support increased production levels.

“Bulawayo Mining Company is planning to spend US$4.5 million on expansion projects. The expansion is expected to ramp up the current level of production by 18%,” the Chamber of Mines Commodity Outlook report for 2025 shows.

According to the Chamber of Mines of Zimbabwe (CoMZ), the mining sector is expected to experience growth in 2025. Mineral revenue is projected to increase by approximately 10% to around US$6 billion, driven by improved output and an anticipated recovery in commodity prices. Additionally, average capacity utilization for the mining industry is expected to reach 90% in 2025, up from 84% in 2024.

Despite the positive outlook, the mining sector faces challenges such as power outages and infrastructure issues. The Chamber of Mines reports that the industry lost around US$500 million in potential revenue due to power outages in 2024. BMC’s investment in expansion projects demonstrates confidence in overcoming these challenges and contributing to the sector’s growth.

BMC’s planned investment aligns with the broader industry trend of increasing capital expenditure to boost production and revenue. These developments are expected to enhance employment levels and support the growth of Zimbabwe’s economy.

Zimbabwe’s Q1 Mineral Export Volumes Increase, but Revenue Declines on PGM woes

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Zimbabwe’s mineral exports grew by 16% in volume during the first quarter of 2025, but earnings dropped sharply by 27% compared to the same period last year, the Minerals Marketing Corporation of Zimbabwe (MMCZ) has reported.

By Ryan Chigoche

A total of 1,021,296 metric tonnes of minerals were exported in Q1 2025, generating US$555.2 million. This compares to 883,301 metric tonnes valued at US$758.7 million in Q1 2024.

The significant drop in earnings was largely due to weaker sales in the platinum group metals (PGMs) segment, traditionally one of Zimbabwe’s top mineral revenue drivers.

According to MMCZ, the decline in value was driven by reduced sales of PGM concentrates, linked to delays in finalising a toll processing deal between Mimosa Mine and Zimplats. The arrangement, once implemented, will allow Zimplats to process material from Mimosa locally, increasing value retention in the country. Meanwhile, Unki Mine, another key PGM producer, experienced a production slowdown due to electricity supply issues during late 2024, further affecting output.

Despite these setbacks, PGM matte remained the leading revenue contributor, bringing in US$208.4 million from the export of 4,762 ounces. This matte was primarily produced by Zimplats and Unki, Zimbabwe’s two main smelting operations in the PGMs sector. Zimplats continues to operate the country’s largest smelter, while Unki’s vertically integrated setup has made it a consistent supplier of processed PGM material.

Spodumene, a lithium-rich mineral used in battery production, ranked second. A total of 244,414 metric tonnes were exported, earning US$83.5 million. The rise in spodumene exports reflects Zimbabwe’s growing role in the global lithium market, driven by operations such as Bikita Minerals, Prospect Lithium Zimbabwe, and Sabi Star. These projects are helping position the country as a key supplier in the electric vehicle and energy storage value chain.

In third place was high-carbon ferrochrome (HCFC), with exports of 98,129 metric tonnes generating US$73.4 million. HCFC producers benefited from stable production levels and improved efficiencies, especially in the Midlands and Mashonaland regions, where most of Zimbabwe’s ferrochrome smelters are located.

Coke, used in steelmaking and ferroalloy production, came in fourth. MMCZ reported exports of 264,331 metric tonnes worth US$51.8 million. The increase is largely attributed to ramped-up coal production in Hwange and better export logistics as demand rises across regional markets.

Rounding off the top five were PGM concentrates, with 15,250.8 metric tonnes exported, generating US$48.7 million. These concentrates primarily originate from Mimosa Mine, which currently lacks its own processing infrastructure. The delay in the tolling arrangement with Zimplats significantly reduced the value and volume of these exports.

While PGMs dominate the rankings, it is important to note that gold, historically Zimbabwe’s largest mineral export by value, is not included in the MMCZ report. This is because gold is marketed through Fidelity Gold Refinery, which falls under the Reserve Bank of Zimbabwe and operates separately from MMCZ.

Looking ahead, MMCZ expressed optimism for improved export performance in the second quarter.

“It is anticipated that there will be an improvement in export receipts in Q2, once the Mimosa/Zimplats toll processing arrangement is finalised,” MMCZ said in a statement.

The tolling agreement is expected to boost local beneficiation efforts, reduce the export of raw minerals, and strengthen Zimbabwe’s overall mineral revenue base.

Gold buying prices per gram in Zimbabwe, 15 April 2025

Gold buying prices per gram in Zimbabwe today, 15 April 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

SG 90% and ABOVE US$97.35/g.
SG ABOVE 89% BUT BELOW 90% US$96.32/g.
SG ABOVE 80% BUT BELOW 85% US$95.29/g.
SG ABOVE 75% BUT BELOW 80% US$94.26/g.
SAMPLE BELOW 10g BUT ABOVE 5g US$92.71/g.

Fire Assay CASH $97.86/g.

NB: Fire Assay cash price is for gold above 100gs; no sample is deducted.
For the Fire Assay Transfer price, a sample of not more than 10g is deducted.
A 2% royalty is charged on all deposits (Small-scale miners).
A 5% royalty is set for Primary Producers.