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Gold buying prices in Zimbabwe per gram/ ounce, 31 December 2025

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Gold buying prices in Zimbabwe per gram/ ounce, 31 December 2025

Gold buying prices in Zimbabwe per gram/ ounce, 31 December 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above132.704,127.52
SG 85% and above but below 90%131.304,084.09
SG 80% and above but below 85%129.894,040.23
SG 75% and above but below 80%128.493,996.66
Sample 5g and above but below 10g126.383,931.03
Fire Assay CASH133.404,149.30

 

Note: The Fire Assay cash price applies to gold above 100g, with no sample deduction.

A sample of not more than 10g is deducted for the Fire Assay Transfer price.

The Mining Industry Mourns Loss of Eng Frank Taderera

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The mining sector has been thrown into mourning following the passing of Eng Frank Taderera, the Mine Manager at Golden Valley Mine, Mining Zimbabwe can report.

By Rudairo Mapuranga

His death was confirmed to this publication by the mine’s acting Manager, Mr Kenneth Burl.

Eng Taderera, a highly respected figure within the industry, passed away yesterday.

In confirming the sad news, Golden Valley offered sincere condolences to the Taderera family and colleagues.

“The Management, Board of Directors, and staff wish to convey our profound condolences on the death of Frank Taderera, and extend our heartfelt sympathies to his family, friends, and colleagues during this difficult time. Frank was a dedicated professional whose leadership, integrity, and contribution to Golden Valley and the mining industry will be remembered with great respect. His loss is deeply felt, and our thoughts and prayers are with all those mourning his passing,” the company said.

A seasoned professional with a long and distinguished career, Frank Taderera had been part of the Golden Valley operation since 2012. Prior to this role, he served as the Chief Executive Officer of Metallon Gold. His extensive expertise and steady leadership marked him as a significant and enduring contributor to the mining sector.

“Frank was a pillar of professionalism and will be deeply missed by all who worked with him,” said Burl, who has been acting in the mine manager position. He assured that operations at Golden Valley are continuing smoothly as the team comes to terms with the loss.

The industry remembers Frank Taderera for his more than a decade of service at Golden Valley and his lasting impact on the wider mining community.

Further details regarding funeral arrangements are expected to be communicated in due course.

Premier Faces Asset Seizure at Zulu Lithium as JRG Moves to Enforce US$2.5 Million Judgment

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Premier Faces Asset Seizure at Zulu Lithium as JRG Moves to Enforce US$2.5 Million Judgment

Premier African Minerals Limited is facing intensified financial and operational pressure after JR Goddard Contracting (JRG) moved to enforce a long-standing court judgment by issuing a Writ of Execution for Movable Property at the company’s Zulu Lithium and Tantalum Project in Fort Rixon, Mining Zimbabwe can report.

By Rudairo Mapuranga

The enforcement action follows JRG’s earlier demand for US$2.3 million and relates to a previously stayed High Court judgment of approximately US$2.5 million, which Premier has been unable to settle.

The writ, filed in the High Court of Zimbabwe, seeks to get about US$2.2 million through the attachment and sale of movable assets at the Zulu Lithium operation.

While Premier says communication with JRG remains open, the issuance of a writ represents a decisive shift from negotiation to enforcement, raising concerns among investors about potential asset attachment, operational disruption, and further delays at a project already struggling to reach consistent commercial production.

The company has indicated that any assets attached could potentially be recovered through revised payment arrangements, subject to the financial position at Zulu Lithium. However, no binding settlement has been announced, leaving uncertainty around the immediate operational outlook.

The Zulu Lithium project is central to Premier’s investment case, yet it remains under strain from:

  • Persistent processing plant challenges
  • Reliance on interim equity funding and debt conversions
  • Ongoing negotiations with offtake and funding partners
  • The urgent need to commission the Xinhai flotation plant to improve recoveries and grades

Market observers note that creditor action targeting on-site assets significantly heightens risk, as any disruption could undermine Premier’s ability to demonstrate the production consistency required to unlock further funding.

Should key movable assets be attached, Premier’s plans to stabilise operations and accelerate commissioning of the new flotation circuit could be delayed, potentially affecting future cash flows and the company’s credibility with lenders.

Although management maintains that the situation can be resolved through further negotiations with JRG, investors are increasingly sensitive to signs that financial constraints are now translating into direct operational exposure.

With enforcement proceedings now active, the spotlight is firmly on Premier’s ability to rapidly secure a negotiated settlement. Failure to do so could exacerbate concerns around liquidity, dilution risk, and the long-term viability of the Zulu Lithium operation as a standalone asset.

Thompson Mutezo – Operations Executive Muriel Mine

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Thompson Mutezo – Operations Executive Muriel Mine

With more than three decades of hands-on experience across exploration, mine development and operations, Thompson Mutezo stands out as one of Zimbabwe’s most accomplished mining professionals. A seasoned geologist by training, Mutezo has played a pivotal role in shaping some of the country’s most significant gold operations, successfully navigating volatile commodity cycles while delivering operational excellence.

In this interview, Mutezo shares insights into his professional journey, the strategic relationship between Pan African Mining and Ever Rising Resources, the technical innovations behind Muriel Mine’s landmark dump retreatment operation, and his vision for the future of mining in Zimbabwe.

Who is Thompson Mutezo?

I am a seasoned Geologist with over 30 years of experience. I’ve had the privilege of working with various mining companies in the region, exploring for gold and navigating complex business cycles. My journey with Pan African Mining began in 2013, rising to become the Group Exploration Manager. In 2021, I took on the role of Mine Manager at Muriel Mine, where I led a plant expansion program and drove engineering innovations to improve production efficiency. Later in 2024, I transitioned to Operations Executive at Ever Rising Resources, focusing on optimising production and managing costs.

Explain the relationship between Pan African Mining and Ever Rising Resources.

Pan African Mining established Ever Rising Resources as a special-purpose vehicle to raise capital for Muriel Mine’s dump retreatment project. This strategic partnership has enabled us to commission a state-of-the-art plant, optimising gold recovery and extending the mine’s life.

What are the key operational strategies you’ve implemented to optimise production efficiency while managing cost?

As the Operations Executive, my focus is on integrating technology, financial discipline, and people empowerment to drive sustainable growth. At Muriel Mine, I led initiatives to improve metallurgical efficiency, optimise reagent usage, and leverage data analytics. At Ever Rising, I’ve implemented production optimisation standards, driving efficiency and cost-effectiveness in the dump retreatment operation.

This is the largest dump retreatment operation in the country. Could you walk us through the technical processes involved and the innovations that make this project stand out?

Our dump retreatment operation is a testament to innovation and efficiency. We’ve implemented a high-volume, low-cost model, utilising hydrosluicing and CIL processes to maximise gold recovery. Our team has overcome complex metallurgical challenges, ensuring optimal recovery rates and minimal environmental impact.

What are the main metallurgical challenges associated with reclaiming and processing historical tailings, and how has your team addressed them to ensure optimal recovery rates?

Historical tailings present unique challenges, including ore variability and preg-robbing. We’ve addressed these through targeted interventions, such as converting to a full CIL plant and introducing pre-aeration stages. These innovations have improved leach kinetics and stabilised recovery.

From an exploration and resource evaluation perspective, how do you approach the assessment and classification of historical dumps compared to primary ore deposits?

We recognise historical dumps as known resources, focusing on understanding their composition, variability and metallurgical complexities. Our approach combines geological expertise with advanced data analytics, ensuring accurate assessment and optimal recovery.

Environmental sustainability is increasingly central to mining operations. What rehabilitation or environmental management frameworks has Muriel Mine adopted?

We’re committed to responsible mining practices, prioritising environmental sustainability and rehabilitation. Our frameworks include lined TSFs, cyanide detoxification, process water recycling and progressive rehabilitation, aligning with UN SDGs and industry best practices.

What is the future of Muriel Mine after the Dumps?

Muriel Mine is poised for a strategic return to run-of-mine operations, leveraging our extensive exploration program and expertise. We’re committed to extending the mine’s legacy while driving sustainable growth and community development.

What advice would you offer to young geologists and managers entering the industry today?

I advise young professionals to blend field expertise with digital tools, becoming versatile leaders in mining. Stay curious, innovative, and committed to sustainability, and you’ll drive the industry’s future success.

Your parting shots?

Exploration is the foundation of the mining industry. Without it, there are no new mines, no production, and no revenue. I urge industry leaders to prioritise exploration, investing in the future of mining and national economic growth.

Gold buying prices in Zimbabwe per gram/ ounce, 24 December 2025

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Gold buying prices in Zimbabwe per gram/ ounce, 24 December 2025

Gold buying prices in Zimbabwe per gram/ ounce, 24 December 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above135.184,204.97
SG 85% and above but below 90%133.754,160.50
SG 80% and above but below 85%132.324,116.02
SG 75% and above but below 80%130.894,071.55
Sample 5g and above but below 10g128.744,004.67
Fire Assay CASH135.894,226.76

 

Note: The Fire Assay cash price applies to gold above 100g, with no sample deduction.

A sample of not more than 10g is deducted for the Fire Assay Transfer price.

Gold buying prices in Zimbabwe per gram/ ounce, 22 December 2025

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Gold buying prices in Zimbabwe per gram/ ounce, 22 December 2025

Gold buying prices in Zimbabwe per gram/ ounce, 22 December 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above131.784,099.22
SG 85% and above but below 90%130.394,055.97
SG 80% and above but below 85%128.994,012.41
SG 75% and above but below 80%127.603,969.17
Sample 5g and above but below 10g125.513,904.13
Fire Assay CASH132.484,121.01

 

Note: The Fire Assay cash price applies to gold above 100g, with no sample deduction.

A sample of not more than 10g is deducted for the Fire Assay Transfer price.

Kambamura attains Key Business Optimisation Certificate from AusIMM

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Kambamura attains Key Business Optimisation Certificate from AusIMM

The Minister of Mines and Mining Development, Hon. Dr. Polite Kambamura, graduated with a professional certificate in business optimisation from a leading global institute, providing him with a formal, contemporary framework to advance his agenda for the nation’s critical mining sector, Mining Zimbabwe can report.

By Rudairo Mapuranga

The credential is seen as a direct asset in implementing his plans for strategic investment, sector formalisation, and community-focused development.

Minister Kambamura recently received the Associate Certificate in Business Optimisation for Mining from The Australasian Institute of Mining and Metallurgy (AusIMM). This new certification will help him by validating expertise in high-level strategic areas critical for modern resource governance, including financial optimisation, performance measurement, risk management, and continuous improvement planning.

Analysts note the certified skills correspond directly to the minister’s stated policy pillars. The focus on “strategic optimisation” and “KPI reporting” will help him scrutinise “quality investors” and move beyond raw production targets to measuring sustainable value creation. Similarly, the modules on “benchmarking” and “continuous improvement” provide a systematic approach to formalising the artisanal and small-scale mining sector—a key priority for the minister and his new role as Patron of the Zimbabwe Miners Federation (ZMF).

“This award is timely,” noted a sector economist. “It provides a technical backbone to the minister’s vision. Understanding cut-off grade theory and strategic decision-making is essential for policies that maximise national benefit from finite mineral resources, ensuring communities see lasting value.”

The certification’s emphasis on balancing long-term strategy with business targets will help him align the mining sector’s performance with Zimbabwe’s Vision 2030 goals. The awarded skills in monitoring key performance measures and developing improvement initiatives offer a proven methodology to translate the sector’s potential into measurable progress toward an upper-middle-income economy.

For stakeholders, from large investors to small-scale miners, the minister’s newly certified expertise signals leadership equipped with modern analytical tools. As Minister Kambamura begins his tenure, this award strengthens his capacity to guide the mining sector toward greater efficiency, investment quality, and shared prosperity.

Blessing Hungwe Crowned Global Influencer of the Year at Women in Mining Awards

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Blessing Hungwe Crowned Global Influencer of the Year at Women in Mining Awards

Zimbabwean miner and women’s empowerment champion Blessing Hungwe was named Global Influencer of the Year at the 2nd Annual Women in Mining Awards, an accolade that honoured her impact and leadership in the mining sector locally and across the region, Mining Zimbabwe can report.

Organised by Women Empowerment in Mining Zimbabwe (WEMZ), the awards, which attracted a record turnout, celebrated women making a mark across the mining sector, from artisanal and small-scale operations to corporate leadership and policy advocacy.

Introducing the award, Dr Chiedza Chipangura, founder of WEMZ, described Hungwe as a trailblazer who is representing women in mining on a global stage.

“I can confidently say that Blessing Hungwe is a true pacesetter, the flag bearer of Zimbabwean women in mining, taking our talent, resilience, and innovation into global boardrooms. She shows that women from Zimbabwe can lead, influence, and make their mark on the world stage, inspiring others to break barriers and claim leadership at every level of the sector.”

Hungwe has built her reputation through years of dedication to artisanal and small-scale mining (ASM), expanding operations into gold, chrome, and semi-precious stones.

Beyond her personal success, she has been a leading advocate for women in mining, creating platforms for networking, mentorship, and policy engagement.

Her leadership spans several organisations. She has held senior roles in the Zimbabwe Miners Federation (ZMF), the Zimbabwe Association of Women in Mining Associations (ZAWIMA), and the African Women in Mining Association (AWIMA).

She currently serves as Regional Knowledge Exchange Coordinator for Anglophone Africa under the World Bank-supported Delve Exchange programme, promoting knowledge sharing and capacity building for ASM operators.

The 2nd Annual Women in Mining Awards underscored the growing visibility of women in the sector, with Hungwe’s recognition standing out as a reminder that Zimbabwean women are not only shaping local mining communities but also making their presence felt in global boardrooms.

Women in Mining Honoured as Govt Reaffirms Commitment to Empowerment Across the Value Chain

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Women in Mining Honoured as Govt Reaffirms Commitment to Empowerment Across the Value Chain

Zimbabwe is reinforcing its commitment to women’s empowerment across the mining value chain, recognising that their full participation is crucial for both sector growth and national development, Mining Zimbabwe reports.

By Ryan Chigoche

The message was emphasised at the 2nd Annual Women in Mining Awards, organised by Women Empowerment in Mining Zimbabwe (WEMZ), which attracted a record turnout and celebrated women making a mark across the industry.

Women in Mining Awards Zimbabwe

In a sector traditionally dominated by men, women have increasingly moved beyond support roles in recent years, taking up leadership positions in artisanal and small-scale mining (ASM), corporate mining operations, and community development initiatives.

Their involvement is driving economic empowerment in mining communities across the country, showing that gender inclusion is not only socially important but also essential for the sector’s growth and sustainability. Yet, despite these gains, structural, cultural, and financial barriers still limit the full participation of women in mining.

Speaking at the awards, Lilian Matsika Takaendesa, Chief Director at the Ministry of Women Affairs, Community and SME Development, underlined the importance of addressing these barriers:

“When you exclude more than 52 per cent of the population from building the nation, you cannot build a nation. That is why we are committed to ensuring women participate fully across the mining value chain. Women have historically faced structural, cultural, and financial barriers, but the government is working tirelessly to dismantle these obstacles. Gender equality is not just about women; it is about working hand in hand with men as partners and supportive change agents to ensure no one is left behind.”

Women in Mining Awards Zimbabwe

Launched last year, the Women in Mining Awards honour women excelling in exploration, extraction, value addition, environmental management, and policy advocacy, as well as men and institutions that have championed gender-inclusive practices.

Organisers said the second edition exceeded expectations in terms of attendance, with nominees recognised across operational excellence, mentorship, innovation, and community impact categories.

Founder of WEMZ, Chiedza Chipangura, said she was overwhelmed by the strong attendance.

“Seeing so many women come together, sharing their successes and challenges, was truly inspiring. This awards platform is a reminder that together, we are unstoppable. We will continue to mentor, support, and empower women at every level of the mining value chain, breaking barriers, claiming leadership, and shaping the future of Zimbabwe’s mining sector,” Chipangura said.

Beyond recognition, the event also served as a platform to encourage more women to enter mining and to remind the sector of the need to dismantle structural barriers that have historically limited participation.

MMCZ Records 10% Mineral Sales Growth Amid Global Market Challenges

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MMCZ Records 10% Mineral Sales Growth Amid Global Market Challenges

The country’s mineral marketing agent, except for gold and silver, the Minerals Marketing Corporation of Zimbabwe (MMCZ), has reported a robust 10% year-on-year increase in mineral sales volumes for the first eleven months of 2025, defying a complex global commodities landscape, Mining Zimbabwe can report.

By Rudairo Mapuranga

Cumulatively to November 2025, MMCZ facilitated the sale of 4.4 million metric tonnes (MT) of minerals, valued at US$3.04 billion. This compares favourably with the 4.0 million MT valued at US$2.80 billion achieved in the same period in 2024, representing a 9% growth in total export value.

The performance was announced by Acting Deputy General Manager (Marketing) Gumisayi Nenzou, speaking on behalf of MMCZ General Manager Dr Nomusa Jane Moyo at the Corporation’s 2025 End-of-Year Media Soiree.

The bulk of export earnings was anchored by platinum group metals (PGM) matte, which alone generated US$1.3 billion from 35,818 MT. This reflects a significant improvement in revenue, up from US$875.6 million last year, driven by stronger global prices for platinum, palladium, and rhodium.

“Despite evolving local dynamics, MMCZ recorded steady operational performance over the past 11 months,” stated Nenzou. “The overall improvement in PGM earnings was largely driven by stronger global prices.”

A standout feature of the export basket was the growing prominence of lithium-bearing minerals. Spodumene contributed a significant 15.75% of total export earnings, underscoring Zimbabwe’s strategic positioning in the global battery metals market.

High-carbon ferrochrome accounted for 10.96% of revenue, with 392,775 MT sold for US$333.1 million, marking an 11% increase in volume.

Coke varieties saw a 7% rise in sales volume, contributing 5.36% to total revenue.

PGM concentrate, while still a top performer contributing 8.63% of revenue, experienced a decline compared to the higher volumes and revenue (US$494.4 million) recorded in the prior year.

The results highlight the resilience of Zimbabwe’s mining sector and the effective marketing role of MMCZ in navigating price volatility to secure increased sales volumes and greater value for the nation’s minerals.

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