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RBZ Maintains 30% Exporter Surrender, Cites Uptick in Mineral Prices

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The Reserve Bank of Zimbabwe (RBZ) has maintained the export surrender threshold at 30% while introducing a new 10% surrender requirement for small-scale gold miners in its 2026 Monetary Policy Statement, citing rising global metal prices, Mining Zimbabwe can report.

By Ryan Chigoche

The policy comes amid continuing debate over Zimbabwe’s foreign currency retention framework, which mining operators say is critical given that most operating costs are denominated in United States dollars.

Exporters have also expressed concern that delays in accessing the liquidated portion of the 30% surrender have worsened liquidity pressures across the sector.

The apex bank increased the surrender requirement from 25% in February last year to 30%, despite industry calls for retention levels of about 80–85%. Producers argue that lower retention limits the foreign currency available for working capital, particularly for essential inputs such as electricity, imported equipment, and specialised services.

Presenting the 2026 MPS in Harare, RBZ Governor John Mushayavanhu said the decision was informed by the current upswing in commodity prices.

“We have decided to maintain the 30% because we are seeing an uptick in the price of commodities. So, even if we export the same quantity that we exported last year, we should be able to realise more because the price has gone up. So, 30% of a larger figure would be a larger figure, which means the foreign exchange market should be able to give. So, we are maintaining the export retention or export surrender at 30% surrender, 70% retention,” he said.

The decision comes as global metal prices remain supportive of Zimbabwe’s mining exports. Gold is trading at elevated levels, while platinum group metals have staged a recovery, helping cushion producers against rising operational costs.

The extension of the framework to small-scale gold miners through a new 10% surrender requirement marks a significant shift, particularly as the segment now contributes the bulk of national gold deliveries.

However, uncertainty remains over how smaller operators will adjust. Many operate with tighter margins and limited access to formal financing, and additional conversion requirements could test cash flow sustainability.

The move has reignited debate within the industry. The Chamber of Mines of Zimbabwe has been engaging authorities over the retention regime, arguing that surrendering earnings at the official rate, especially amid exchange rate gaps, reduces the real value of export proceeds and constrains reinvestment.

As metal prices rise, the central bank sees opportunity. Miners, however, remain focused on managing rising costs and liquidity pressures.

Worker dies in an accident at Chinese owned Prospect Lithium, body spends almost 12 hours at scene

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A fatal incident has been reported at Prospect Lithium Zimbabwe (Private) Limited (PLZ), where a worker is alleged to have died in an early morning incident at the company’s processing plant, Mining Zimbabwe can report.

The incident is understood to have taken place during the early hours of the morning in the conveyor belt section of the plant.

According to sources, officers from the Zimbabwe Republic Police attended the scene later in the afternoon, and distressed relatives had to endure waiting until around 17:40 hours when the body was eventually released.

Mining Zimbabwe contacted the company for comment, however, no response had been received at the time of publication. Police spokesperson Ass Com Paul Nyathi confirmed the incident but has yet issue an official statement confirming the circumstances surrounding the fatality.

This remains a developing story. Further details will be published once official confirmation and additional information become available.

Prospect Lithium Zimbabwe (PLZ) is a subsidiary of Zhejiang Huayou Cobalt Co., Ltd., a Chinese battery metals producer.

BREAKING: RBZ Imposes 10% Export Surrender on Small-Scale Gold Miners

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Zimbabwe’s small-scale gold miners will now be required to surrender 10% of their export earnings to the Reserve Bank of Zimbabwe (RBZ), as authorities move to formally include the segment in the export surrender framework and curb arbitrage opportunities within the gold marketing chain, Mining Zimbabwe can report.

By Ryan Chigoche

The policy shift was announced by RBZ Governor John Mushayavanhu in his Monetary Policy Statement released today. Until now, small-scale miners were exempt from export surrender requirements and retained 100% of their export proceeds.

Under the new measures, small-scale gold miners will retain 90% of their export earnings and surrender 10% to the central bank. Previously, they enjoyed full retention of their export proceeds.

Explaining the rationale behind the decision, Mushayavanhu said the central bank was seeking to ensure fairness across the sector while tightening regulatory loopholes.

“You remember, when I first came in, I said this is not Animal Farm, where some animals are more equal than others. So we now want to start gradually bringing the small-scale gold miners into the net. So, for now, they are going to have to surrender 10% and retain 90%, and the figure will be reviewed as we go. So, it’s 70% retention for everyone; for small-scale gold miners, it’s 90%,” Mushayavanhu said.

“We are also beginning to see arbitrage activities where large-scale gold miners will now market their gold via small-scale miners, and we want to stop that,” he added.

The development is significant, given that small-scale miners have in recent years emerged as the dominant contributors to gold deliveries to Fidelity Gold Refinery. Artisanal and small-scale producers have consistently accounted for the bulk of national gold output, often surpassing large-scale mining houses in monthly deliveries.

Their strong delivery performance has made them a critical pillar of Zimbabwe’s foreign currency inflows, particularly as gold remains the country’s leading export earner. By bringing small-scale miners into the surrender net, the central bank is widening its foreign currency mobilisation base while seeking to eliminate distortions within the gold marketing system.

Although the 10% surrender requirement is modest, the gradual approach signals the RBZ’s intention to progressively align retention thresholds across the gold sector. The Governor indicated that the ratio for small-scale miners will be reviewed over time as authorities assess compliance and market dynamics.

With small-scale miners now formally incorporated into the export surrender framework, the gold sector enters a new regulatory phase that could reshape foreign currency flows and marketing practices within Zimbabwe’s mining industry.

Better Blasting: Eureka Mine and AECI Mining Partner to Drive Downstream Efficiencies

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In an era where operational margins are won or lost in the blast outcome, Eureka Mine has moved beyond traditional pyrotechnic constraints to better blasting. By transitioning from legacy shock tube systems to AECI’s flagship electronic initiation platforms, Intellishot®, the operation is not just blasting, it is taking full control of the blasting outcome.

Located in Guruve, Zimbabwe, Eureka Mine is a cornerstone of the nation’s gold production. Operated by Dallaglio Investments (a subsidiary of Padenga Holdings), the mine utilises the contractor mining model on drilling, blasting, loading, and hauling services. While this model offers flexibility, it requires high-level of technical blasting integration to ensure that every blast yields into the downstream mine performance.

Historically, Eureka Mine faced several technical bottlenecks common in legacy systems. Poor fragmentation and inconsistent perimeter control were leading to high secondary breakage costs. Furthermore, the limitations of shock tube timing meant an inability to blast larger benches, resulting in a high frequency of blasts, averaging ten per month, reducing the mine equipment utilisation index.

From a safety perspective, the open-flame initiation system posed a fatal risk which modern mining engineering seeks to eliminate.

Better Blasting: Eureka Mine and AECI Mining Partner to Drive Downstream Efficiencies

The transition to AECI’s IntelliShot® system began strategically in controlled (buffer blasting) and ore blasting before a full rollout on all blasting activities. The technology allows for up to 16,000 programmable detonators per blast, with delays ranging from 0 to 20,000 ms, which enhances the Drilling and Blasting Engineers’ control over a design blast.

This millisecond-accurate timing allows for single-hole firing and complex blasthole sequencing that is not possible with pyrotechnic systems. “Precision equals performance,” notes the AECI Explosives Engineer, Kudzai Kondo. “Optimised muck pile profiles, vibration control, and cast accuracy are the direct results of the adoption of the new technology on precise and accurate blast timing.

Better Blasting: Eureka Mine and AECI Mining Partner to Drive Downstream Efficiencies

The adoption of the AECI’s Electronic Initiation Systems (EIS) has yielded operational benefits into the mine value chain. By optimising blast designs, Eureka Mine has achieved the following:

  • Blast Size Scale-Up: Blast sizes have increased from an average 30,000 bcm to a staggering 110,000 bcm.
  • Reduced Blast Frequency: Blast frequency has reduced from ten (10) to an average of six (6) per month, increasing the mine equipment utilisation index.
  • Fragmentation Excellence: Fragmentation performance rose from 95% to a consistent average of 97% per ore bench, increasing the crusher performance from 302 tph to an average of 331 tph.
  • Wall Stability: Final wall berm retention ratings rose from an average of 79% to an average of 85%, allowing for an optimised pit shell design, which increases the life of the mine.

Michael Zvaraya, the Mining Manager at Eureka Mine, emphasises this results-oriented approach: “We have seen the benefits off the new system on our value chain from blasting of benches to the processing of the blasted rock. This system has been a key enabler during our production ramp-up period to ensure we optimise on all the key mining indices.”

The new system required a comprehensive training conducted by AECI Mining to Eureka Mine and Mining Contractor technical and operational teams to ensure there is transference of knowledge as part of the Management of Change (MOC).

“AECI has been pivotal in our drilling and blasting optimisation strategies” says Senior Mining Engineer, Desmond Chawira. “They have been with us from the trial phase into the full rollout phase, providing 24/7 technical assistance on complex blasting operations.”

From a safety standpoint, the ability to initiate blasts remotely from up to 3 km away from the blast has enhanced control on fatal risk management over explosives. “Intellishot significantly reduces personnel exposure to the effects of the blast,” says Taurai Mudzimuirema, AECI Site Manager.

Ryan Masona, Drilling and Blasting Superintendent, adds: “The system is safe, simple to use, and easy to understand even in challenging situations.”

The success at Eureka Mine serves as a blueprint for the Zimbabwean mining sector. Moshen Jena, Regional Manager for AECI, concludes: “The future belongs to those organisations that embrace technology. We are proud to partner with Eureka Mine to unearth wealth. Our electronic blasting systems have gained widespread application in both underground and surface operations across Zimbabwe and the world over.”

Through the pillars of Precision, Safety, and Efficiency, Eureka Mine and AECI are proving that intelligent blasting is no longer a luxury, it is a prerequisite for the modern, high-performance mine.

Gold buying prices in Zimbabwe per gram/ ounce, 27 February 2026

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Gold buying prices in Zimbabwe per gram/ ounce, 27 February 2026, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above157.494,898.49
SG 85% and above but below 90%155.824,846.55
SG 80% and above but below 85%154.154,794.60
SG 75% and above but below 80%152.494,742.97
Sample 5g and above but below 10g149.994,665.21
Fire Assay CASH158.324,924.31

 

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.

AMSZ to conduct Q1 Technical Visit at Pickstone Peerless Mine

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The Association of Mine Surveyors of Zimbabwe (AMSZ) will conduct its First Quarter Technical Visit at the Dallaglio Pickstone Peerless Mine on the 27th of March 2026, Mining Zimbabwe can report.

By Rudairo Mapuranga

Scheduled from 08:00 to 16:00 hours, the event promises to be a key date on the industry calendar, offering members a unique opportunity to engage with one of the country’s leading gold producers.

The visit, announced by the AMSZ Executive Committee, is designed to bridge the gap between theoretical knowledge and practical application. By stepping onto the ground at Pickstone Peerless, participants will gain first-hand exposure to the operational realities of modern mining.

The core objective of the gathering is to facilitate technical engagement among industry stakeholders. Attendees will delve into the specific surveying practices utilised at the mine, with a particular focus on several critical areas:

Surveying Technologies and Techniques: Observing the cutting-edge methodologies and technologies currently deployed at the mine.

Data Management and Reporting: Exploring the systems used for data analysis and management, which are crucial for operational efficiency.

Safety Protocols: Reviewing the stringent safety procedures and standards maintained on-site.

Training and Development: Engaging in discussions regarding the training and development programs available for Mine Surveyors.

In line with AMSZ’s commitment to enhancing member skills, participants who attend the technical visit will be eligible for five Continuing Professional Development (CPD) credit points. These points serve as formal recognition of the professional learning and engagement undertaken during the event, ensuring that members remain at the forefront of industry standards.

In addition to the mine visit, the agenda includes general professional updates from government representatives and the AMSZ, ensuring attendees leave with a well-rounded view of the current regulatory and professional landscape.

ZMF Welcomes Export Suspension, Vows to Name and Shame Corrupt Officials and Middlemen Exploiting the System

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The Zimbabwe Miners Federation (ZMF) has thrown its weight behind the government’s immediate suspension of all raw mineral and lithium concentrate exports, with federation president Ms. Henrietta Rushwaya warning that the organisation will not hesitate to expose corrupt ministry officials and middlemen who have undermined the sector for years, Mining Zimbabwe can report.

By Rudairo Mapuranga

Speaking to Mining Zimbabwe, Rushwaya said the federation fully supports the measures announced by Minister of Mines and Mining Development Dr Polite Kambamura, while signalling that ZMF will play an active role in policing the system.

“As the Zimbabwe Miners Federation, we welcome this bold decision by His Excellency President Mnangagwa and Minister Kambamura,” Rushwaya said. “But let us be clear—our support comes with a commitment to accountability. We will name and shame officials from the ministry who are paid to issue export licences without due diligence. We will expose those who issue licences clandestinely, and we will identify the middlemen who ride on genuine export licences, using them 50 times over when they should only be used once.”

Rushwaya pointed to the persistent problem of third-party traders and middlemen who have operated outside regulatory frameworks, often at the expense of small-scale producers.

“The Minister’s directive that ‘agents and third-party traders are not authorised to export minerals on behalf of mining title holders’ speaks directly to an issue we have raised repeatedly,” she said. “Our members have often found themselves at the mercy of cash buyers who offer seemingly attractive prices at the border, only for those minerals to leave the country with no benefit to the fiscus and no development for communities. This ban disrupts that exploitative ecosystem.”

The ZMF president acknowledged that the 10 per cent unbeneficiated export tax, combined with royalty and MMCZ fees, has placed a significant burden on small-scale operators who must pay upfront before receiving payment from buyers.

“We have been candid with the government about the cash flow challenges our members face,” Rushwaya said diplomatically.

“The requirement to pay the beneficiation tax before export, while well-intentioned, has created real difficulties for miners with limited capital. We appreciate that Minister Kambamura has indicated the Ministry will engage the industry on the way forward, and we look forward to constructive dialogue on how we can balance enforcement with viability.”

Rushwaya zeroed in on one of the most persistent abuses in the export system: the recycling of genuine export licences by unscrupulous operators.

“There was a time when someone would obtain a licence for, say, 100,000 tonnes, and that same licence would be used 50 times over by different players,” she revealed. “The middlemen ride on these genuine licences, paying off officials to look the other way, and the result is that our minerals leave the country with no accountability, no taxes paid, and no benefit to Zimbabweans.”

She warned that ZMF would be watching closely and would not hesitate to report violations directly to the highest office in the land.

“We are even amenable to reporting directly to the Head of State,” Rushwaya said. “President Mnangagwa has been clear about his vision for a transparent, accountable mining sector. If we encounter resistance from within the system, if officials continue to operate as if this suspension does not apply to them, we will escalate. The days of looking the other way are over.”

The new requirement for a recommendation letter from Provincial Mines Offices, confirming beneficiation capacity and compliance status, was described by Rushwaya as a mechanism that strengthens local governance of the sector.

“Our provincial structures are where the real work happens,” she said. “When the Provincial Mines Office certifies a miner’s compliance and beneficiation capacity, it creates a record of accountability that follows that operator through the entire value chain. This protects compliant miners from being tainted by association with illegal operators.”

On the Ministry’s reserved right to test export consignments to verify mineral composition, Rushwaya was unequivocal.

“Misdeclaration has been a cancer in this sector,” she stated. “When minerals are exported under false descriptions, it undermines the integrity of every legitimate operator. The government’s commitment to verification at any time sends a clear message: the era of falsified paperwork is ending. For those of us who have built our businesses on compliance, this is welcome news.”

Rushwaya placed the suspension within the broader context of Zimbabwe’s beneficiation agenda, which has been championed by President Mnangagwa as central to the country’s vision of becoming an upper-middle-income economy by 2030.

“President Mnangagwa has been clear: Zimbabwe is no longer satisfied with being a supplier of raw minerals,” she said. “This suspension accelerates a transition that was already underway. We have seen Huayou commission a US$400 million lithium sulphate plant. Sinomine is investing US$500 million in processing capacity at Bikita. These are not abstract policies—they are real investments that will create jobs and build skills for Zimbabweans.”

The ZMF president noted that small-scale miners have a critical role to play in this new dispensation.

“Our members are not opposed to beneficiation. They understand that processing our minerals here means more jobs, more value, and more sustainable livelihoods,” she said. “What they need is a pathway to participate in that future: access to financing, technical support, and a regulatory environment that rewards compliance. We believe this suspension, and the engagement that follows, can help build that pathway.”

Rushwaya concluded with a message that balanced support for the government’s move with a clear warning to those who might seek to undermine it.

“To the officials who have grown comfortable receiving envelopes to look the other way: your time is up. To the middlemen who have built fortunes on the backs of exploited miners and stolen national wealth: find another business. To the genuine, compliant miners who have struggled to compete against this rigged system: your moment has arrived.”

“We support this suspension not because it is convenient, but because it is necessary. And we will be part of the solution, watching, reporting, and ensuring that the benefits of our mineral wealth finally reach the people who deserve them: the miners, the communities, and the nation of Zimbabwe.”

The Zimbabwe Miners Federation represents thousands of small-scale and artisanal miners across the country, playing a critical role in the formalisation and development of the sector.

Global Lithium Markets Shudder as Zimbabwe Flexes Its Muscles

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Zimbabwe’s decision to suspend all raw lithium and mineral exports has triggered a dramatic surge in international lithium prices, confirming what industry insiders have long known: this southern African nation is now a strategic player that cannot be ignored, Mining Zimbabwe can report.

By Rudairo Mapuranga

Lithium carbonate futures on the Guangzhou Futures Exchange rocketed more than 9 percent in early trading on Thursday, settling at 178,020 yuan (US$26,043) per tonne after spiking to 187,700 yuan. The rally rippled across global markets, with Australian lithium stocks jumping as much as 7.6 percent and US-based Sigma Lithium surging nearly 30 percent.

The message from Harare is unmistakable. Zimbabwe holds an estimated 126 million tonnes of lithium reserves, ranking among the world’s largest deposits, and accounted for approximately 10 percent of global mined lithium in 2025. With exports of spodumene concentrate reaching 1.128 million tonnes last year, a staggering 11 percent increase, Zimbabwe has transformed from a junior producer into Africa’s undisputed lithium powerhouse.

Mines and Mining Development Minister Hon. Dr. Polite Kambamura’s announcement on Wednesday that the suspension applies even to shipments already in transit signals a new era of assertive resource governance. The ban will remain in effect until miners demonstrate compliance with government beneficiation requirements.

What global markets are only now recognising is that this is not merely a regulatory hiccup; it is the culmination of years of strategic planning. China, which sources approximately 19 percent of its imported lithium spodumene from Zimbabwe, now faces the reality that its supply chains must adapt to Zimbabwe’s industrial ambitions.

Leading Chinese investors have already read the tea leaves. Zhejiang Huayou Cobalt’s US$400 million lithium sulphate plant at the Arcadia Mine is set to commence production in the first quarter of 2026, targeting 50,000 to 60,000 tonnes annually. Sinomine’s US$500 million investment at Bikita Minerals is advancing steadily, while Chengxin Lithium and Yahua Group have cemented their positions in what is rapidly becoming Africa’s premier lithium beneficiation hub.

Citic Securities has confirmed that exports of lithium sulphate, an intermediate product with significantly higher value, will not be affected by the ban, creating a clear pathway for compliant investors. The message to the market is unambiguous: invest in local processing or lose access to Zimbabwe’s resources.

This strategy mirrors similar moves by the Democratic Republic of Congo on cobalt and Indonesia on nickel, positioning Zimbabwe within a growing coalition of resource-rich nations demanding fairer value from their mineral endowments. CRU Group analyst Cameron Hughes noted that the combination of rising lithium prices and persistent illegal shipments likely accelerated the timing of the ban.

With an estimated 2025 production reaching 28,000 tonnes of lithium content, trailing only Argentina, China, and Chile, Zimbabwe has earned its seat at the table of major producers. The country’s reserves have expanded 20-fold since 2017, with geological surveys suggesting up to 80 per cent of lithium-bearing pegmatites remain unexplored.

Jefferies Financial Group observed that while there were indications Zimbabwe sought to strengthen mining regulation, “the step-up of concentrate export control is not entirely expected,” noting that the market should tighten temporarily as a result.

For Zimbabwean stakeholders, the global reaction validates years of patient policy development. The 2030 Vision, the NDS2 beneficiation targets, and the unwavering political will demonstrated by President Mnangagwa’s administration have converged to create a new reality: global supply chains now pivot around decisions made in Harare.

The message to international investors could not be clearer. Zimbabwe is no longer a passive supplier at the mercy of commodity traders. It is an active participant in shaping the energy transition, demanding partnerships that build domestic capacity rather than extract raw wealth.

Companies that embraced this vision early — Huayou, Sinomine, and their peers — are now positioned to thrive within the new dispensation. Those who hesitated face the prospect of supply disruptions and strategic uncertainty.

As one senior industry insider put it: “The world just learned what we’ve known all along. Zimbabwe’s lithium isn’t just another commodity; it’s a strategic resource, and we intend to manage it strategically.”

The trucks that once rolled across Beitbridge in the night, carrying away the nation’s wealth with forged documents and bribes, now face a very different reality. The border is closed to raw exports. The parallel market has lost its supply. And the world’s lithium markets are adjusting to a new reality: Zimbabwe is a force to be reckoned with.

Premier Issues Another 303 Million Shares to JR Goddard as Dilution Spiral Deepens

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Premier African Minerals Limited has issued an additional 303 million new shares to partially settle outstanding fees owed to J.R. Goddard Contracting (Private) Limited (JRG), continuing the company’s reliance on equity to manage liabilities at its Zulu Lithium and Tantalum Project in Fort Rixon, Mining Zimbabwe can report.

By Rudairo Mapuranga

The settlement, announced this week, covers US$77,765 (approximately £60,753) through the issuance of new ordinary shares at 0.02 pence per share, the closing bid price on 24 February 2026, as stated in the company’s regulatory announcement.

The share-based payment falls under the mutual release and settlement agreement reached between Premier and JRG in January 2026. That agreement followed enforcement proceedings initiated by the contractor late last year, when JRG moved to execute a High Court writ over unpaid amounts exceeding US$2 million. The structured repayment plan suspended enforcement, provided Premier remained compliant with the payment schedule.

This latest issuance represents a partial settlement within that agreed framework, as disclosed in the company’s announcement.

Following the issuance of 303,768,117 settlement shares, Premier’s total issued share capital now stands at approximately 14.21 billion ordinary shares. The new shares will rank equally with existing shares, with any sales managed by Premier’s brokers. Admission to trading on AIM is expected on or around 3 March 2026, per the company’s statement.

Based on Premier’s regulatory announcements since late November 2025, the company has issued approximately:

· 869.6 million shares (November 2025 subscription – £500,000 raise)
· 134.3 million shares (December 2025 Canmax interest conversion)
· 3.83 billion shares (January 2026 £1 million subscription, plus supplier and director settlements)
· 591.1 million shares (February 2026 Canmax interest conversion)
· 303.8 million shares (February 2026 JRG settlement shares)

Total issued in approximately six months: around 5.73 billion new shares

Over the same period, Premier’s total issued share capital has increased from roughly 9.35 billion shares to 14.21 billion shares, based on figures reported in the company’s own disclosures.

The JRG settlement shares follow a series of equity issuances tied to working capital funding, flotation plant acquisition, interest conversion under the Canmax offtake facility, settlement of supplier invoices, and settlement of accrued director remuneration — all as disclosed in Premier’s regulatory updates.

The company has stated that using shares allows it to conserve cash resources while pursuing its primary objective: completing the installation of a new Xinhai flotation plant at Zulu to achieve commercially acceptable lithium concentrate grades and recoveries.

Premier has consistently communicated that its priority is stabilising operations at Zulu. In February 2025, the company announced it had finalised a contract with Xinhai Technology Processing for a new flotation plant, with commissioning and optimisation expected during the second quarter of 2026, subject to logistics and site readiness.

The company maintains that these funding and settlement measures are necessary to maintain operational continuity while working toward sustained production.

Based on the company’s public disclosures, cumulative dilution has expanded the share base significantly over the past six months. Whether the planned improvements at Zulu will generate sufficient revenue to reduce reliance on equity issuance remains a key question for shareholders.

The company’s ability to achieve stable production in the coming months will likely determine whether this pattern of dilutive funding continues or begins to ease.

Gold buying prices in Zimbabwe per gram/ ounce, 26 February 2026

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Gold buying prices in Zimbabwe per gram/ ounce, 26 February 2026, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above157.304,892.58
SG 85% and above but below 90%155.634,840.63
SG 80% and above but below 85%153.974,788.99
SG 75% and above but below 80%152.304,737.04
Sample 5g and above but below 10g149.814,659.59
Fire Assay CASH158.134,918.40

 

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.