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

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

1 oz = 31.1035 g

CategoryPrice (US$/g)Price (US$/oz)
SG 90% and Above129.714,034.12
SG 85% but Less Than 90%128.333,991.19
SG 80% but Less Than 85%126.963,948.58
SG 75% but Less Than 80%125.293,896.64
Sample (5–10 g)123.533,841.90
Fire Assay (Cash)130.394,055.27

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.


#GoldPrices #GoldBuying #GoldMarket #GoldTrading #GoldRate #GoldPriceToday #GoldNews #PreciousMetals #GoldIndustry #GoldEconomy #FidelityGoldRefinery

Kavango Partners Gwanda State University to Boost Mining Skills and Student Attachments

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Kavango Resources PLC has entered into a partnership with Gwanda State University (GSU) focused on education, skills development, and research collaboration, a move that aligns with the government’s recently signalled intention to introduce mandatory student attachment policies in the mining sector, Mining Zimbabwe can report.

By Ryan Chigoche

The London and TSX Venture Exchange-listed mining company this week signed a Memorandum of Understanding (MoU) with the university aimed at expanding opportunities for student training, research collaboration, and industry exposure.

Under the agreement, GSU students will gain access to work-related learning placements, internships, and field projects, providing the practical experience increasingly required in Zimbabwe’s growing mining industry.

The partnership comes at a time when government is seeking greater involvement from mining companies in developing the next generation of professionals.

Shortly after taking office, Mines and Mining Development Minister Dr Polite Kambamura signalled plans to introduce compulsory attachment programmes for mining students. He also indicated that government was looking at mechanisms to strengthen skills and knowledge transfer across the sector, potentially requiring mining companies to play a more active role in training future industry talent.

While those proposals have not yet been formalised into policy, Kavango’s agreement with GSU reflects the direction government wants the industry to take.

Following the signing ceremony, Kavango Chief Operating Officer Alex Gorman and General Manager Irvin Nyamukondiwa toured GSU’s recently commissioned laboratory facilities alongside Vice-Chancellor Professor Doreen Zandile Moyo, Acting Pro Vice-Chancellor Dr B. Moyo, Mrs M. Nkomo, and other faculty members.

The company described the laboratories as “an impressive investment in scientific research and practical training” and said it looked forward to exploring additional areas of collaboration with the institution.

“Developing the next generation of mining professionals is essential to the future of Zimbabwe’s mining sector,” Kavango said.

“We look forward to working closely with Gwanda State University to help build the skills and expertise needed for sustainable growth.”

Beyond the signing ceremony, the agreement speaks to a broader challenge facing Zimbabwe’s mining education system.

Over the past decade, universities and colleges have significantly expanded enrolment in mining-related programmes, producing a growing pool of graduates eager to enter the industry. However, attachment and employment opportunities have not expanded at the same pace, leaving many students struggling to secure the placements required to complete their studies.

Industry leaders have repeatedly warned that mining companies can no longer absorb the volume of students seeking industrial attachments. Economic pressures, operational constraints, and fluctuating commodity markets have further reduced the number of opportunities available to new entrants.

A senior executive at a leading mining company recently told Mining Zimbabwe that the situation had become increasingly difficult, with demand for placements far exceeding what the industry can realistically provide.

Against this backdrop, the Kavango-GSU partnership offers a practical example of how collaboration between mining companies and academic institutions can help ease the pressure. More importantly, it demonstrates how industry can begin addressing the skills gap and attachment shortage even before government makes such programmes mandatory.

Zimbabwe Targets Training and Licensing of 600,000 Artisanal Miners to Improve Mine Safety

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Zimbabwe’s government is targeting the training and licensing of an estimated 600,000 artisanal miners through the Zimbabwe School of Mines (ZSM), as authorities seek to curb rising fatalities in a sector that has become increasingly important to the country’s mining industry, Mining Zimbabwe can report.

By Ryan Chigoche

Permanent Secretary in the Ministry of Mines and Mining Development, Dr Thomas Utete Wushe, unveiled the ambitious target during a familiarisation tour of the school in Bulawayo, arguing that formalising the country’s vast artisanal mining workforce is critical to improving safety standards and reducing preventable deaths.

The push comes against the backdrop of worsening safety statistics. Sixty-four artisanal and small-scale miners died during the first quarter of 2026, a six per cent increase from the same period last year, underscoring the dangers that continue to plague the sector despite its growing contribution to mineral production.

“My challenge to the school and the ministry is to ensure that those 600,000 miners should be qualified and licensed to do what they are doing,” Dr Utete Wushe said.

To illustrate the scale of what he believes can be achieved, Dr Utete Wushe pointed to Zimbabwe’s driver licensing system, which has successfully trained and certified more than three million motorists.

“What we have achieved on the roads shows that the country can do the same for artisanal miners,” he said.

For Dr Utete Wushe, the case for training extends beyond compliance and professionalisation. He argued that equipping miners with the necessary skills and qualifications could significantly reduce the accidents and fatalities that have become synonymous with the sector.

“We need to start moving fast, because the moment we get that done, you obviously reduce that life-losing propensity associated with small-scale artisanal mining. The primary objective is safety. We should not lose a life,” he said, adding that safety should become the defining principle of Zimbabwe’s mining industry.

Dr Utete Wushe then challenged the Zimbabwe School of Mines to strengthen research and innovation aimed at addressing the sector’s safety challenges. He said the institution’s innovation hub should play a leading role in developing practical solutions capable of reducing accidents and improving mining practices.

“My call now is to strengthen your research so that you can create the future. We want this school charting the future through innovation. The moment we start celebrating high productivity, we have a tear to shed because we have lost a life. Can we, as a school, try to start changing that narrative where the story is only about higher production without the cost of life?” he concluded.

Over the years, large-scale mining companies have shown that sustained training, stronger safety systems, and professional standards can dramatically reduce workplace accidents. Government now wants those lessons extended to the artisanal and small-scale mining sector, where fatalities remain stubbornly high.

The push to train and license 600,000 artisanal miners signals a shift towards formalisation as a safety strategy. For the Zimbabwe School of Mines, the task is immense: equipping a vast workforce with the skills to mine responsibly while leading the innovation needed to ensure that rising mineral production no longer comes at the cost of human lives.

Two Contractor Workers Die at Bikita Minerals in Separate Incidents Within 24 Hours

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Two workers employed by independent contractors died in separate incidents at Sinomine Bikita Minerals, Zimbabwe’s largest lithium mining operation, Mining Zimbabwe can report.

By Rudairo Mapuranga

The first incident occurred on 6 June 2026 at approximately 19:45 hours, when Mr Thomas Kaliveni (40), a dump truck operator employed by independent contractor WGB Kinsey & Company, sustained fatal injuries at a waste dump site.

The second, unrelated incident followed in the early hours of 7 June 2026, when a security guard employed by Rebnek Security, another independent contractor, was found unresponsive while on duty during a routine supervisory inspection.

In a statement issued on 8 June 2026, Bikita Minerals said investigations into the exact circumstances of the dump truck accident were ongoing and that no further details would be released at this stage out of respect for the families and the investigative process.

The company extended its “heartfelt condolences to the families, friends, and colleagues of the deceased” and reaffirmed that “the safety, health, and well-being of everyone working at our operations remain a core priority.”

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

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

1 oz = 31.1035 g

CategoryPrice (US$/g)Price (US$/oz)
SG 90% and above129.344,022.12
SG 85% but less than 90%127.973,979.51
SG 80% but less than 85%126.603,936.90
SG 75% but less than 80%125.233,894.29
Sample (5–10g)123.183,830.53
Fire Assay CASH130.024,043.27

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.


#GoldPrices #GoldBuying #GoldMarket #GoldTrading #GoldRate #GoldPriceToday #GoldNews #PreciousMetals #GoldIndustry #GoldEconomy #FidelityGoldRefinery

Gold buying prices in Zimbabwe per gram/ ounce, 5 June 2026

Gold buying prices in Zimbabwe per gram/ ounce, 5 June 2026, from the official gold buyer and exporter, Fidelity Gold Refinery (FGR).

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above133.384,148.18
SG 85% but less than 90%131.964,104.01
SG 80% but less than 85%130.554,060.15
SG 75% but less than 80%129.144,016.30
Sample (5–10g)127.023,950.37
Fire Assay CASH134.084,169.95

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.


#GoldPrices #GoldBuying #GoldMarket #GoldTrading #GoldRate #GoldPriceToday #GoldNews #PreciousMetals #GoldIndustry #GoldEconomy #FidelityGoldRefinery

Negotiation and Contracting in Strategic Sourcing: Why Every Great Deal Starts Before the Contract Is Signed

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“Every dollar saved in negotiation is valuable, but every risk prevented and every opportunity secured through commercial contracting is priceless.”

In the previous article, I focused on the implementation of the sourcing strategy, which essentially is about putting the strategy into action through engaging with the supply market with a view to tapping into the strategic value outcomes that underpin the business’s long-term success. In this current series, I transition to the next equally critical stage – negotiating and consummating a “value-packed” deal.

At this stage, I assume that the Strategic Sourcing Team has received bids, proposals, or quotations submitted by suppliers during the implementation stage. I also assume that a proper evaluation of bids has been conducted using appropriate tools and that the team has identified the most suitable supplier or suppliers to best meet the business’s needs. Just to refresh our minds, strategic sourcing is not just about acquiring goods and services. Rather, it is about identifying and acquiring supply market opportunities and capabilities that align with and help to consolidate our own competitive capabilities.

I assume at this stage that the team has identified the supplier whose capabilities closely align with what the business intends to achieve in the long term. All that is left is to tie up some loose ends and formalise the deal into a mutually beneficial and enforceable contract. If crafted properly, the RFQ or RFP would ordinarily guide suppliers to submit their Best and Final Offer (BAFO) to the sourcing team. That BAFO quite frequently misses the team’s expectations for the business. Since those offers are not cast in concrete and the team is not obliged to adopt them as they are, this is where post-tender negotiation comes in handy.

It is critical at this stage to bear in mind that the key to successful negotiation is thorough planning and extensive information gathering, as far as is feasible, on the supply market and the party with whom the team intends to negotiate. Arming yourself with relevant factual information ahead of the negotiation strengthens your leverage during the actual negotiation process.

For stellar results, the team must also go an extra mile to determine and define the business’s positions and interests, as well as those of the supply market or the suppliers targeted for a long-term business relationship. Positions are desired outcomes or “must-haves” that the sourcing team must achieve through the negotiation process because they underpin the business’s competitive capabilities. On the other hand, interests are the underlying reasons why the sourcing team or the other party wants to achieve the defined positions.

To further strengthen its planning, the sourcing team must also determine and anticipate two critical points, namely the ZOMA (Zone of Mutual Agreement) and BATNA (Best Alternative to a Negotiated Agreement) – the point at which they must walk away from the negotiating table, as well as that of their targeted supplier.

When negotiations are centred around positions and interests, even the tone of the engagement changes from a meaningless power tussle and unnecessary muscle-flexing, where the winner takes all. Rather, it elevates the negotiation to a much more strategic level that is predicated on mutual trust, open sharing of factual information, and driving the discussion towards achieving outcomes of direct mutual and fundamental business interest to both parties.

Negotiation at this stage serves the purpose of seeking a deeper understanding of the proposals submitted, tying up any loose ends left hanging in the bids or proposals, and redefining parts or even the entirety of the proposal. When conducted in an atmosphere of mutual respect, it helps both parties not only understand what each seeks to achieve but also unravel the underlying reasons why achieving those outcomes makes business sense. This, in turn, helps both parties find ways to steer the discussion towards the ZOMA. Both parties begin to focus actively on cooperating to find and consolidate areas where mutual interests align, as opposed to widening areas of misalignment.

Once alignment on positions and interests is secured, the parties are ready to concretise their deal into a formal contract. It is absolutely crucial to underscore the fact that a contract is not just a verbose document that serves to loosely remind parties that there is an agreement between them. It is, in a way, a “spring” from which strategic value outcomes beneficial to both parties will continue to flow for the entire duration of the contract.

It is a sacrosanct document that safeguards the ZOMA, as well as the strategic positions and interests of both parties, throughout the entire lifespan of the contract. It empowers both parties with the leverage to demand fulfilment of those positions later when the contract is under implementation. It fossilises those positions and interests in a manner that ensures the business achieves its cost-optimisation targets, ensures continuity of supply even in times of supply market disruption, keeps mission-critical relationships in good standing, and ensures risks that pose an existential threat to the business are kept under surveillance.

By so doing, it enables strategic sourcing to truly live up to its promise – that of aligning sourcing activities with the broader strategic goals of the business.

Written by Emmanuel Nzombe (MCIPS | CIPP)

Makwiranzou Hails E-Cadastre as Key Mining Reform, Promises Faster Approvals

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Zimbabwe’s Deputy Minister of Mines, Caleb Makwiranzou, has described the completion of the Electronic Cadastre title management system as “the single most important reform for the integrity of our work,” while pledging faster turnaround times and greater fairness in the administration of mining titles, Mining Zimbabwe can report.

By Ryan Chigoche

Speaking to ministry officials in Harare, Makwiranzou said the long-awaited digital system is critical to restoring transparency and certainty in Zimbabwe’s mining sector, where disputes over overlapping claims have historically undermined investor confidence.

The Electronic Cadastre is a digital mineral rights registry designed to replace Zimbabwe’s paper-based mining title system. Once fully operational, it will enable authorities to map, track, and administer all mining rights, from small-scale gold claims to large petroleum and gas concessions, through a single transparent platform.

Makwiranzou was unequivocal about the significance of the reform.

“It is not just an IT project,” he said. “It is the single most important reform for the integrity of our work. A functioning, transparent, and electronic Cadastre means that the ground is taken. It means that no two people can claim the same place for whatever mineral they want to extract.

“To do the Cadastre means that we now can track our titles. Once we put it on the Cadastre map, that title belongs to the person whom we would have named. Let us commit that the Ministry will have a quick turnaround time and fairness in implementing that Cadastre. When the title is registered, no one can dispute that registration.”

The system is intended to eliminate overlapping claims, reduce disputes, and provide investors with certainty that registered mining rights are secure and legally recognised.

However, implementation has been delayed for years by funding constraints, technical integration challenges, and institutional resistance, leaving the sector reliant on a fragmented paper-based system prone to boundary disputes and double allocations.

Momentum behind the project has recently increased following a key technical breakthrough. The Ministry announced that the E-Cadastre will incorporate survey-grade coordinate data, providing centimetre-level accuracy that allows mining titles to be tied to precise geographic locations.

Mines Ministry Vows to End Delays in Dispute Resolution

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The Ministry of Mines and Mining Development has moved to address long-standing complaints from miners over delays and unfairness in dispute resolution, with Minister Dr Polite Kambamura giving a firm assurance that all disputes will now be resolved on time and fairly, Mining Zimbabwe can report.

By Rudairo Mapuranga

In a hard-hitting address to ministry officials, the Minister made it clear that excellence is a discipline, not an accident, and that the days of sluggish correspondence, permit delays, and unresolved disputes are numbered.

“I am setting before you a bold but achievable goal. By the close of this year, I want the Ministry of Mines and Mining Development to be recognised as the best-performing ministry in the whole of Government, measured not by our words, but by results,” said Minister Kambamura.

He elaborated on what this would entail: “I want us to be the Ministry that answers correspondence on time, that processes titles and permits without delay, that produces accurate data, that resolves disputes fairly, and that the public trusts.”

The Minister’s remarks come amid persistent complaints from artisanal and small-scale miners, as well as established mining entities, that disputes over mining claims, boundary encroachments, and ownership rights often drag on for months or even years, with some alleging that decisions are influenced by favouritism or corruption.

Minister Kambamura acknowledged that public trust has been eroded but vowed to restore it through decisive action.

“Excellence is not an accident; it is a discipline. It is built one well-handled file, one honest decision, and one met deadline at a time,” he said.

He challenged ministry staff to raise their standards, noting that they are among the most technically gifted in the public service and that the ministry’s mandate is among the most consequential in the nation.

“What remains is for each of us to decide, individually and collectively, that good enough is no longer good enough,” the Minister declared.

In a veiled caution to miners themselves, the Minister also took the sector to task, urging them to play their part in reducing unnecessary litigation and to adhere to proper procedures when staking claims and registering mining titles.

He warned that frivolous disputes and failure to comply with existing regulations would no longer be tolerated, as they clog the system and disadvantage genuine investors.

Miners who spoke to Mining Zimbabwe welcomed the Minister’s assurance but expressed scepticism, saying past promises have not translated into action. One small-scale miner from Kadoma, who requested anonymity, said: “We have heard many pledges. What we need is to see disputes resolved within weeks, not years.”

In response, Minister Kambamura reiterated that his ambition is backed by a clear performance framework, with staff being held accountable for delays. He has directed the ministry’s dispute resolution committee to clear all backlog cases by the end of the second quarter and to ensure that new disputes are resolved within statutory timeframes.

“We have every reason to aim this high. Our colleagues are among the most technically gifted in the public service. Our mandate is among the most consequential in the nation. What remains is for each of us to decide, individually and collectively, that good enough is no longer good enough,” he said.

The Minister also disclosed that he will personally monitor dispute resolution outcomes and that parties on both sides of a dispute can expect transparent, evidence-based rulings.

“We will resolve disputes fairly to gain public trust,” he said, adding that any officer found to be deliberately delaying or mishandling a dispute will face disciplinary action.

With the mining sector being a cornerstone of Zimbabwe’s economic turnaround, stakeholders say timely and fair dispute resolution is not a luxury but a necessity. Minister Kambamura’s directive, if fully implemented, could restore investor confidence and unlock the potential of a sector that has long been held back by administrative inertia.

Kambamura Launches 24-Hour Mining Accident Response Call Centre to Combat Mining Fatalities

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In a decisive move to curb the rising tide of mining fatalities, the Minister of Mines and Mining Development, Hon. Dr. Polite Kambamura (MP), has announced the establishment of a 24-Hour Mining Accident Response Call Centre, a round-the-clock national emergency line dedicated to reporting mine accidents, collapses, entrapments, and unsafe conditions, Mining Zimbabwe can report.

By Rudairo Mapuranga

Speaking at the Ministry of Mines and Mining Development staff workshop in the capital, the Minister declared that no part of the Ministry’s mandate is more sacred than the protection of human life.

“In the first quarter of this year alone, sixty-four artisanal and small-scale miners lost their lives, the majority in ground and shaft collapses. These are not statistics. Each one was a father, a mother, a son, or a daughter; each one a Zimbabwean we are sworn to protect.”

The Minister warned that record mineral revenues must never blind the sector to this tragic loss of life.

“A system that produces such a toll is a system that demands urgent repair, and that repair begins with us.”

The new facility will operate 24 hours a day, seven days a week, with a single, well-publicised national number accessible to all miners, communities, and mine operators. When an accident is reported:

  • The Centre will log every report and immediately alert the Government Mining Engineer and the provincial response team.
  • It will coordinate rescue efforts and liaise with health and security services.
  • Each incident will be tracked to its conclusion.
  • For the first time, the Ministry will gather real-time data to anticipate danger and hold mining operations accountable.

“When a miner is trapped underground at two o’clock in the morning, the speed of our response will be measured in lives. Let it never be said that help came too late because no one was listening.”

The Minister acknowledged that establishing the Centre will require commitment from across the mining sector, including inspectors, provincial mining directors, mining operations, and the communications team.

“I ask you to embrace it,” Dr. Kambamura urged.

The announcement forms part of a broader push towards Zero Harm, including digital inspection platforms, whistleblower protections, and a US$2 million National Safety Enforcement Blitz. Weekly inspectorate reports will now flow directly to the Ministry, and a new environment department will tackle unregulated tailings dams and open pits.

The Minister repeated his warning against corruption or negligence in reporting accidents. Mine managers who fail to notify the Ministry of incidents will face penalties.

“No ounce of gold, no tonne of coal, no carat of diamond is worth a human life,” he said.

The 24-Hour Mining Accident Response Call Centre is expected to become operational within the coming months, with the national number to be widely publicised across all mining provinces.