Mining ZimbabweLatest Mining News, Policy and Industry Updates

• US$7 billion mining earnings in 2025, 5% growth forecast for 2026, and a clear directive: small-scale gold is for Zimbabweans

President Emmerson Mnangagwa today made a powerful pledge to support local miners, declaring that the government’s mining sector reforms, particularly in small-scale gold mining, are designed to ensure more Zimbabweans participate in and benefit from their own resources, Mining Zimbabwe can report.

By Rudairo Mapuranga

Speaking with the authority of a leader whose economic policies are now backed by the IMF, World Bank, and UN Economic Commission for Africa, the President said the country’s macroeconomic stability is no accident.

“It is a result of our collective discipline, resilience, focus, and unity of purpose,” he said.

And then he turned to mining, the engine of that stability.

US$7 Billion and a Promise to Locals

Revealing that mining earnings reached US$7 billion in 2025, Mnangagwa described the sector as “the backbone of our economy.” But he did not stop at celebrating the figure. He looked ahead.

“Reforms in the mining sector, particularly with regard to the small-scale mining of gold, will see the participation of more locals in the sector,” the President said.

That single sentence is a promise. It is a directive. And it puts the full weight of the presidency behind the recent policy changes that have raised questions and hopes across the industry.

For years, small-scale gold mining has been dominated by informal players, with foreign syndicates, many of them illegal, pushing locals off claims, bribing officials, and smuggling gold across borders. President Mnangagwa has now made it clear: those days are ending.

Support for local miners is not just a slogan. It is government policy.

The Bigger Economic Picture: Irreversible Growth

The President’s pledge to local miners sits within a broader story of national economic resurgence.

· The economy rebounded by 6.6% in 2025.
· Growth is forecast at 5% in 2026.
· International financial institutions have confirmed the trend.

“Our economy remains on an irreversible growth trajectory,” Mnangagwa declared.

Energy, transport, water, and ICT infrastructure are expanding at a steady pace. Agriculture is growing and innovating. And mining is leading the charge, with the government now focusing on local beneficiation and value addition—keeping more value within Zimbabwe.

What the President’s Promise Means for Small-Scale Miners

For the thousands of artisanal and small-scale miners across the country, the President’s words are a lifeline.

The Zimbabwe Miners Federation, led by Henrietta Rushwaya, has long argued that small-scale mining should be reserved for citizens. At Mine Entra 2024, she said: “If an investor’s claim is less than 50 hectares, they cannot call themselves an investor. They must pack their bags and go.”

Now the President has endorsed that vision.

The recent ban on foreigners in the small-scale gold sector—implemented by Mines Minister Dr Polite Kambamura—is no longer just a ministerial directive. It is a presidential promise to local miners.

But support does not mean abandonment. The President’s administration has also committed to responsive policies that balance empowerment with the need for capital and expertise. Foreign investment remains welcome—but in larger-scale operations, joint ventures, and value addition, not in displacing locals from small claims.

“My Administration will continue to implement responsive policies for broad-based empowerment and wealth creation,” he said.

For local miners, that means one thing: the government has your back.

The gold is ours. The reforms are real. And with US$7 billion already in the bank, the future of Zimbabwean mining is being built on a foundation of local participation, discipline, and unity of purpose.

The Zimbabwean government has declared a national state of disaster across every major river system in the country, unlocking emergency powers that allow private contractors to remove silt, restore damaged riverbeds, and keep any gold or minerals they find along the way, Mining Zimbabwe can report.

By Rudairo Mapuranga

The declaration, formalised as Statutory Instrument 91 of 2026 (Civil Protection Notice), comes after years of uncontrolled alluvial gold mining left rivers like the Mazowe, Save, Sanyati, Umzingwane and Mutare heavily degraded. The government says the situation has become so bad that normal laws are no longer enough.

“Rivers are easily damaged but slow to recover naturally,” the new law states. The disaster status covers the whole of Zimbabwe and took effect immediately upon publication.

What changes under the disaster declaration?

The new rules do two big things.

First, they create a powerful Inter-Ministerial Committee, led by the Environment and Water Resources ministers, to oversee all river rehabilitation. This committee will call for bids, approve contractors, and monitor the work. Each province will also have its own committee to enforce compliance on the ground.

Second, the declaration makes a major exception to the existing total ban on alluvial mining (S.I. 188 of 2024). Companies that are genuinely rehabilitating rivers, and have written permission from the committee, can remove silt, stabilise banks, and restore river channels. If they find gold or other minerals while doing that work, they are allowed to keep and sell those minerals after paying royalties to the State.

No mining for mining’s sake

The law is careful to draw a line. Section 8(2) states clearly that nothing in these rules allows anyone to conduct alluvial mining simply to extract minerals. The primary purpose must be rehabilitation. Contractors must follow a site-specific rehabilitation plan approved by the Environmental Management Agency (EMA), and they can only recover minerals that were already deposited or exposed by earlier mining activities.

If a contractor strikes gold, they must report it to the Ministry of Mines within seven days. They then need a Mineral Recovery Permit from the Provincial Mining Director. Monthly returns must be submitted, and the contractor must pay royalties at the normal rate.

Who can become a contractor?

The government will issue a public call for Expressions of Interest. Companies that apply must prove they have:

• No past environmental violations (especially related to alluvial mining)
• Technical expertise in hydrology, ecology and civil engineering
• Their own equipment or legal access to it
• Financial capacity to fund the work

Interestingly, the law does not ban polluters. It defines an “approved contractor” to include a “polluter company or successor to, or clone of, a polluter company” that damaged rivers since 2012. However, such companies must still meet all technical and legal requirements.

Strict rules on the ground

The new rules are not a free-for-all. The Third Schedule of the law sets out tough operating procedures:

• No rehabilitation work from November to April (the rainy season) or when rivers are in full flood.
• No processing plants, slimes dams, or settling ponds within 500 metres of a riverbank or the highest flood level.
• No process water may be discharged back into the river.
• Silt removal cannot go as deep as the original riverbed and must not damage riverbanks.
• All waste must go to a licensed landfill — on-site burial is banned.
• A pre- and post-rehabilitation joint inspection must be conducted by the Provincial Mining Director, ZINWA and EMA.
• Only after EMA issues a written compliance certificate, and the Ministry of Mines issues a quittance certificate, is the contractor cleared of environmental liability.

Enforcement and penalties

EMA is given strong powers. The Agency can prohibit a contractor from working if they fail to follow the rehabilitation plan or pose a threat to the environment. Contractors can appeal to the Inter-Ministerial Committee, but that committee’s decision is final.

If a contractor abandons the work or performs it poorly, EMA can carry out the remedial work itself and then sue the contractor for the full cost. Any direction from EMA is treated as a legal order under the Civil Protection Act.

Why this matters

Zimbabwe’s rivers have been hammered by gold panning and mechanised alluvial mining for more than a decade. The government says the damage now requires a wartime-style response. By allowing contractors to profit from recovered minerals, the State hopes to attract private capital to carry out the cleanup without spending public money upfront.

But the scheme is not without controversy. Critics worry that the exemption to the alluvial mining ban could be abused, with contractors claiming rehabilitation while mainly digging for gold. The government’s answer is the strict monitoring regime, including upstream and downstream water quality testing for suspended solids, pH, and heavy metals.

The disaster declaration remains in force indefinitely, and rehabilitation contracts can only be renewed upon proof of performance. For mining companies with environmental baggage and deep pockets, this is a rare chance to turn a liability into revenue. For Zimbabwe’s damaged rivers, it may be the last chance they get.

WATCH LIVE: HERE

The morning sun bears down on the Gwayi Valley. Just 14 kilometres north of the main Victoria Falls road, in the scrubland of Matabeleland North, an old copper mine sits on land that, before 2020, belonged to the community. Women and youth made a living here, panning, collecting, and trading. It wasn’t formal. But it put food on the table.

By Rudairo Mapuranga

Then came the promise of something bigger. A multi-million-dollar copper venture. Jobs. Water projects. Development. The community was told that Gwayi River Mine could become one of the biggest copper producers in Zimbabwe.

Years later, the community is still waiting.

“We Had a Life Here Before the Takeover”

Before 2020, the area around Cross Mabale and the Gwayi River was a quiet source of survival. Artisanal miners, chikorokoza, worked the old spoil heaps. Women collected copper-bearing rocks. Young men dug tunnels that were dangerous but productive. It was not dignified mining, but it was a living.

Then the company came. The land was taken over for formal exploration. The community was told to step back. In return, they were promised jobs, clean water, and community projects.

None of that has arrived.

“When they started, they promised big, but the benefits are not for us to see,” a young man from the community says. He gives his name as Eric Tshabala. “They have been telling us. I don’t think they have enough investment to take the mine. As the youth, we were optimistic about this mine, but the way it’s been operated, we will find ourselves left with pits.”

His fear is simple: the company will dig, test, and leave. And the community will have neither the old life nor the new one.

15 Local Jobs, All in the Lab

Ward Councillor Ugine Mabale walks the site with a careful, diplomatic tone. He reports what he has seen. “Around 15 local guys are working at the mine currently, with the company promising to take on another 30. To me, that is positive,” he says.

But those 15 are not miners. They work in the laboratory, handling samples from the exploration drilling. The operation is still in the exploration phase. The company is collecting rock, crushing it, and testing it. They are looking for a copper percentage that satisfies them.

“It appears that in current operations, foreigners are not many. A few, about three. That is a ratio that we would want,” the councillor adds. But he qualifies: “Others are coming from places like Gwanda. They were told that they are technical people. If that is true, then it is okay.”

During a second visit, accompanied by the village head, engagement with mine management confirmed the situation. The majority of workers are from outside the area—operators and drivers, they say. “The employment ratio is not as good as we want,” the councillor admits. Management told them they are still collecting samples. They are not sure if they are going to continue mining. They promised that if they get what they want, they will employ more.

The Community’s Lens: No Benefit. The Company’s Lens: Still Testing.

Here is the tension. The community sees no benefit. The mine has taken their land, promised them jobs, and delivered 15 lab positions while outsiders drive the trucks and operate the machines. The community believes the company is stealing, taking copper samples, maybe more, without giving back.

But the reality of a copper project is slower. Gwayi River is estimated to host between 300,000 and 600,000 tonnes of copper ore, which would rank it among the country’s larger deposits. That scale requires serious investment. Exploration can take years. Grades have to be proven. Patience, from a technical standpoint, is necessary.

But try telling that to a woman who used to feed her children from this land and now watches strangers in hard hats walk past her without a greeting.

“We Want Training. We Want to Be Part of It.”

Zenzo Tshuma and Sfiso Mudenda, two other community members, speak with one voice when the subject turns to the future. They are not against the mine. They want it to succeed. But they want to be inside it, not watching from outside.

“We want to be trained,” one says. “Our women should be taught. Even now, during exploration, we can be part of that work. They should take our people for courses. In case they start operating, we are ready.”

This is the corporate social investment the community is asking for. Not a borehole. Not a donation of cement. Training. Skills. A certificate that says a local woman can run a lab test or operate a crusher. That is an investment in human lives, in people who have lived on this copper ground for generations.

“Can they invest in us?” The question hangs.

The Forgotten Frontier

Zimbabwe’s mining discourse is dominated by gold, lithium, and platinum. Copper, the red metal that once built towns like Mhangura, gets less attention. But at Gwayi River, a community sits at the edge of what could be a national asset—or another abandoned pit.

They have been told to wait. The company says it needs good grades. The councillor says patience. The youth say they are tired of promises.

Behind them, the old mine waits, its three ore shoots—Adder, Puff Adder, and Gaboon Viper—still holding their copper. Ahead of them lies a question: will the company that took their land now take their people into the future, or leave them with nothing but pits?

Ariana Resources says its updated pre-feasibility study (PFS) for the Dokwe Gold Project in Zimbabwe has significantly strengthened the project’s economics, with the mine now carrying a pre-tax net present value (NPV10) of US$1.06 billion, Mining Zimbabwe can report.

By Ryan Chigoche

The revised study positions Dokwe among Zimbabwe’s emerging large-scale gold development projects, underpinned by higher reserves, improved production forecasts, and stronger returns driven by elevated gold prices.

According to the updated PFS, the project is expected to produce 1.06 million ounces of gold over a 20-year life-of-mine through a two-phase development plan.

The first phase will involve a 12-year open-pit mining operation producing approximately 80,000 ounces of gold annually, while a second eight-year stockpile processing phase is projected to yield around 20,000 ounces per year. Peak annual production is forecast to reach 100,000 ounces.

Managing Director Kerim Sener described the updated study as a significant step forward for the project.

“A major milestone” as Ariana progresses the definitive feasibility study, which is due in the first quarter of 2027.

He added that the reserve increase “sets the scene for a significantly expanded mining and processing rate”.

The company said ongoing metallurgical and geotechnical drilling programmes are already ahead of schedule and are expected to support further reserve upgrades during the second half of 2026, potentially strengthening the project economics further ahead of the definitive feasibility study.

The updated study already reflects a significant increase in the project’s mineral inventory, with ore reserves at Dokwe North rising 42% to 1.13 million ounces of gold, while the combined mineral resource estimate for Dokwe North and Dokwe Central increased 13% to 1.6 million ounces.

Ariana estimates pre-production capital expenditure for the project at US$164 million, with the mine projected to achieve payback within one year of commissioning, underscoring the project’s strong financial profile.

Using a gold price assumption of US$4,250 per ounce, Dokwe delivers a pre-tax internal rate of return (IRR) of 92%, highlighting the project’s substantial leverage to elevated bullion prices.

The strengthened economics come at a time when global gold prices continue trading near historic highs amid sustained investor demand, central bank buying, and ongoing geopolitical uncertainty, conditions that have improved financing appetite for high-margin gold development projects globally.

Benchmarking Dokwe Against Zimbabwe’s Leading Gold Producers

At peak production of 100,000 ounces per year, Dokwe would rank among Zimbabwe’s larger gold mining operations and place Ariana Resources PLC within the country’s emerging mid-tier producer category.

By comparison, Caledonia Mining Corporation’s Blanket Mine produced 76,213 ounces in 2025, making it one of the country’s most consistent large-scale underground operations.

Padenga Holdings Limited’s Dallaglio gold business also remained a key mid-tier contributor, producing about 82,000 ounces in 2025 across its Eureka and Pickstone operations, supported by strong gold prices and improved plant stability.

At the upper end of Zimbabwe’s gold industry, state-linked Mutapa Gold Resources, which operates Freda Rebecca, Shamva, and Jena, produced approximately 104,000 ounces in the 12 months to March 2026, according to company reporting.

However, Mutapa is already in an aggressive expansion phase. The group is targeting a major production ramp-up to around 300,000 ounces per year within the medium term, driven by optimisation at Freda Rebecca and a planned US$150 million redevelopment of Shamva Mine, alongside upgrades at Jena aimed at lifting recoveries and throughput.

Against this backdrop, Dokwe’s projected 100,000-ounce peak output would sit just below the current Mutapa cluster but above most individual Zimbabwean gold mines, positioning it firmly within the country’s strategic mid-tier production band and underscoring its potential importance in expanding national output capacity.

Meanwhile, the advancement of Dokwe also comes as Zimbabwe continues pushing to expand large-scale gold mining capacity, with gold remaining the country’s single largest mineral export earner and a major source of foreign currency.

Zimbabwe’s gold production reached an all-time high of 46.7 tonnes in 2025, surpassing the government’s 40-tonne target and marking a 17% increase from the 36.48 tonnes produced in 2024.

For 2026, the government and Fidelity Gold Refinery have set a national production target of 50 tonnes, underscoring the country’s drive to expand output through both existing producers and new large-scale projects.

Dokwe is located approximately 110 kilometres west-northwest of Bulawayo and is held under mining claims wholly owned by an Ariana subsidiary.

The Government of Zimbabwe and Geo Associates, Invictus Energy’s 80%-owned subsidiary, will sign a Petroleum Production Sharing Agreement on Wednesday, ending years of negotiations and establishing the legal template for the nation’s nascent oil and gas industry, Mining Zimbabwe can report.

By Rudairo Mapuranga

The ceremony is scheduled for 14:30 in Harare. The state will be represented by Finance Minister Mthuli Ncube, the Minister of Energy and Power Development, and the Minister of Mines and Mining Development, Dr Polite Kambamura. Executives from Geo Associates and Invictus will attend.

The PPSA governs exploration, development, and production-sharing terms for the 360,000-hectare Cabora Bassa Project. Once executed, it will also serve as Zimbabwe’s model contract for all future petroleum agreements, providing the legal certainty international investors demand.

Geo Associates is jointly owned by Invictus Energy (80%) and Zimbabwe’s Mutapa Investment Fund (20%). The PPSA clarifies revenue sharing and operational control between the state and private partner, a critical requirement for financing the project’s next phase.

Invictus has already begun well pad preparation for the Musuma-1 exploration well, which targets 1.2 trillion cubic feet of gas and 73 million barrels of condensate. Drilling is planned for the second half of 2026, with rig contracts expected in June.

The Cabora Bassa Basin contains the Mukuyu gas field, rated by Wood Mackenzie as Sub-Saharan Africa’s second-largest petroleum find in 2023. Independent estimates suggest up to 20 trillion cubic feet of gas and 845 million barrels of condensate.

Finance Minister Mthuli Ncube has previously described the PPSA as reflecting “international best practice while safeguarding Zimbabwe’s long-term national interests.” With the signing now set, Invictus can accelerate its permitted gas-to-power pilot project at Eureka Gold Mine.

More details are expected to emerge following the official signing ceremony tomorrow.