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Massive Police Crackdown Nets 79 in Mazowe Mining Areas

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A major security operation by the Zimbabwe Republic Police (ZRP) has resulted in the arrest of 79 suspects in Mazowe’s mining area, in a sweeping crackdown targeting serious criminal activities and environmental destruction.

The operation, which focused on illegal mining hotspots including Storeys, Jumbo Mine, and surrounding areas, was aimed at curbing crimes such as murder, robbery, rape, and stock theft, while also addressing escalating environmental damage linked to uncontrolled mining activities.

In an official statement, the ZRP confirmed the scale and scope of the operation:

“The ZRP has conducted a massive operation against criminal acts such as murder, robbery, rape, stock theft, among others in Mazowe mining areas. The operation also targeted land degradation, soil erosion, destruction of railway infrastructure, road and water systems. 79 suspects were arrested, including four for causing damage to railway infrastructure.”

Police also reported significant recoveries during the raids, including 30 excavators, 10 generators, 3 submersible pumps, 7 hammer mills, 6 windlasses, and 20 water tanks. Authorities believe the equipment was being used in illegal mining operations that have severely impacted the environment and local infrastructure.

The crackdown extended to the Storeys area, where both Zimbabwean nationals and foreign nationals were arrested for engaging in alluvial mining activities. These operations reportedly disrupted water systems and damaged agricultural land, raising concerns among local communities.

In addition to mining-related offences, the ZRP dismantled several illegal establishments, including shebeens, and confiscated multiple kilograms of meat, alcohol, illicit brews, and groceries. Police say these informal setups have been contributing to rising criminal activity in the region.

The operation underscores growing efforts by law enforcement to restore order in Zimbabwe’s mining belts, where illegal activities have increasingly threatened both livelihoods and critical infrastructure.

Authorities have indicated that similar operations will continue across the country as part of a broader strategy to combat crime and promote sustainable mining practices.

WATCH:

Regional Buyers ‘Quite Excited’ by Dinson Steel as Manhize Plant Powers Zimbabwe’s 2030 Ambition

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  • US$1.5 billion integrated mill shifts from import substitution to export earnings, delivering tangible results for the upper-middle-income target

MANHIZE – The first steel products rolling out of Dinson Iron and Steel Company’s (Disco) US$1.5 billion Manhize plant have drawn “quite exciting” feedback from regional buyers as the project transforms Zimbabwe’s industrial landscape and accelerates the nation’s drive toward an upper-middle-income economy by 2030, Mining Zimbabwe can report.

By Rudairo Mapuranga

Speaking at the Manhize site, CEO Benson Xu said the integrated mill is now supplying both the domestic market and neighbouring countries, with customers praising product quality and service delivery.

“The feedback which we get from the regional market they are quite exciting,” Xu told reporters. “In terms of the product and also the service delivery, I think they are quite satisfied.”

His remarks underscore how a single “tangible, impactful project” is already reshaping Zimbabwe’s trade balance. Before Disco, the country imported roughly 90% of its steel, draining up to US$1 billion annually in foreign currency. Today, steel exports have surged from 413 tonnes in 2024 to over 140,000 tonnes in the first half of 2025, transforming Zimbabwe from a net importer into a regional producer.

“We talk about 2030 vision. 2030 vision can only materialise by individual tangible, impactful projects,” Xu said. “So we hope that this is one of the projects which can bring the tangible result for us to achieve the 2030 vision.”

The Manhize complex, which began as geological surveys 15 to 16 years ago, now employs over 2,000 workers directly, a figure expected to reach 25,000 at full capacity. With Phase One producing 600,000 tonnes annually, scaling eventually to 5 million tonnes, the plant has already saved Zimbabwe an estimated US$500 million per year in avoided steel imports.

Recalling the site’s humble beginnings, Xu described a barren, wild field. “When I came here, everything was just a field, a tobacco field. Like you saw, a wild field. But we started from scratch and put everything up.”

“So now you see, the steel plant is up, and production is ongoing. And also the people, they come to pick the product from here. So that is the dream coming to reality.”

Roughly 60 per cent of Dinson’s annual production is currently exported to regional and international markets, generating valuable foreign currency for Zimbabwe’s balance of payments, Chinese Ambassador to Zimbabwe Zhou Ding confirmed during a recent parliamentary visit to the plant.

The plant’s product range has expanded beyond pig iron and steel billets to include deformed steel bars in 16mm, 20mm, and 25mm sizes, with hot wire rods and mill steel balls now also in production, critical inputs previously sourced from abroad at high cost.

Steelmaking is notoriously energy-intensive, but Dinson has moved to meet its own requirements through a 50 megawatt power plant that utilises advanced heat exchange technology, capturing waste heat and combustible gases from its blast furnace processes to generate electricity.

The company plans to expand its generation capacity to 70 megawatts, with surplus power to be fed into Zimbabwe’s national grid, strengthening energy security for the broader economy.

Beyond the immediate production targets, Phase One at 600,000 tonnes annually, ultimately scaling to 5 million tonnes per year by the fourth phase, the company has secured Special Economic Zone status, which is expected to accelerate investment and industrialisation in the surrounding area.

Plans are already underway for the development of a Smart City, designated as Manhize Town, and a science university, developments expected to transform the Midlands Province into an industrial and innovation hub.

Throughout his remarks, Xu repeatedly emphasised the critical role played by Zimbabwean authorities in enabling the project’s success against a challenging backdrop.

“For the past three to four years, we have been very thankful to the government, the country, and the leadership for giving us so much assistance, help, and motivation for us to be where we are today. As we can see, we are harvesting the trust and the support from the government,” he said.

The social footprint of the investment is substantial. Dinson has invested US$6 million in power grid infrastructure, US$8 million in a dual lane road connecting the plant to the highway, borehole projects valued at US$50,000, and the renovation of seven schools costing US$200,000, according to Ambassador Zhou.

More than 90 per cent of the plant’s employees are Zimbabweans, with the majority drawn from local communities, and Disco has prioritised the relocation of affected families into modern housing units.

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

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

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above140.704,376.30
SG 85% but less than 90%139.214,330.00
SG 80% but less than 85%137.724,283.80
SG 75% but less than 80%136.234,237.60
Sample (5–10g)134.004,167.90
Fire Assay CASH141.444,399.40

 

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.


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

Clara Sadomba Trailblazing Zimbabwe’s Mining Industry and Empowering the Next Generation of Women

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Clara Sadomba is one of Zimbabwe’s most celebrated women in mining, a trailblazer in engineering, corporate leadership, and pension fund management. As Board Chair of MIPF, she not only safeguards miners’ futures but also shapes the industry’s long-term growth.

In this interview, she opens up about her journey, leadership lessons, and her mission to inspire the next generation of women in mining.

Clara, as Board Chairperson of the Mining Industry Pension Fund, what are your top priorities in ensuring the long-term sustainability and growth of the Fund?

My main priorities are ensuring the financial sustainability of MIPF while delivering meaningful benefits to members. This includes prudent investment strategies, risk management, and ensuring that contributions and returns grow consistently over time. I also focus on member engagement and education so that employees understand and plan for their retirement.

Pension funds must balance member benefits with smart investment strategies. How does MIPF navigate this, especially given Zimbabwe’s dynamic economic and mining environment?

We maintain a diversified investment portfolio across local and international assets to mitigate risks. Our approach is proactive—we monitor market trends, adapt strategies as needed, and balance liquidity requirements with long-term growth. The goal is to ensure members’ benefits are secure while the Fund grows sustainably.

Transparency and accountability are critical in governance. How do you ensure stakeholders and members have confidence in MIPF’s operations?

Transparency is central to MIPF’s operations. We provide regular reports, hold annual general meetings, and maintain open communication with members. Governance frameworks and independent oversight ensure that all decisions are auditable and that members’ interests are always safeguarded.

What steps is MIPF taking to protect and grow retirement benefits for mining employees amid evolving industry challenges?

We continuously review and adapt investment strategies to protect members against economic volatility. We engage employers to ensure timely contributions and offer financial literacy programs to help members make informed decisions. Our goal is to create a resilient Fund that grows while safeguarding retirement benefits.

From your perspective, what are the biggest challenges facing Zimbabwe’s mining sector today, and how do these affect workforce planning and pension sustainability?

The key challenges include ensuring local beneficiation, improving infrastructure, and retaining skilled personnel. Workforce planning is affected because we need technically competent professionals to run processing plants efficiently. Pension sustainability is linked directly to the sector’s health—profitable, well-managed operations ensure consistent contributions and long-term benefits for members.

You are one of the first female Mining Engineers in Zimbabwe. Take us through your journey (including how many women you were in the Engineering class, etc.)

When I started my Mining Engineering degree, there were very few women—sometimes just one or two in a class of fifty. It was challenging to navigate a male-dominated environment, but I focused on building technical competence, finding mentors, and proving that gender does not define capability. Over time, I gained confidence and established a career in mining, logistics, and governance.

You founded Silvergill Enterprises to address gaps in Zimbabwe’s mining logistics ecosystem. What specific challenges in mineral transport and export supply chains motivated you to start the company, and how is Silvergill helping to improve efficiency for mining producers?

While at ZIMASCO, I observed inefficiencies in bulk mineral transport, delays, limited multi-modal options, and high costs. Silvergill was created to address these gaps, offering integrated, end-to-end logistics solutions, particularly via rail. By tailoring services to each client’s needs, we improve efficiency, reduce costs, and provide reliable supply chains that support Zimbabwe’s mineral exporters.

You spent a significant part of your career at Zimasco, one of Zimbabwe’s leading ferrochrome producers. Looking back, how did your experience in the ferroalloy industry shape your understanding of mining value chains, logistics, and the broader business of minerals?

My time at ZIMASCO gave me a complete view of the mining value chain—from extraction to processing to export. It highlighted the importance of logistics in ensuring competitiveness and market access. I also learned how commercial strategy, operational efficiency, and international trade intersect, lessons I now apply at Silvergill and in my broader work across the mining sector.

You also serve on the board of the Zimbabwe Consolidated Diamond Company and regularly participate in international mining forums. From that vantage point, how do you see Zimbabwe positioning itself in the global market for critical minerals such as chrome and other strategic resources?

Zimbabwe is well-positioned as a supplier of transition and strategic minerals like chrome, lithium, and nickel. With investments in beneficiation and processing infrastructure, the country is moving beyond exporting raw materials to adding value locally. Internationally, Zimbabwe is gaining recognition as a reliable supplier of critical minerals, which is essential as global demand for strategic resources grows.

What advice or mentorship do you offer to young women who aspire to leadership roles in mining, finance, or governance?

I encourage young women to be confident, resilient, and technically skilled. Seek mentors, build networks, and never underestimate the power of knowledge. Leadership is earned through expertise, integrity, and consistent performance. Take opportunities, be proactive, and always continue learning, success in mining, finance, and governance is achievable with determination.

A gold deal goes wrong, four sentenced to 10 years

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Four men have been sentenced to lengthy prison terms after a gold deal turned into an armed robbery at a Gwanda mine, Mining Zimbabwe can report.

By Rudairo Mapuranga

The Gwanda Magistrates’ Court handed down a 12-year term, suspending two years on condition of good behaviour, convicting Fonet Maranganya (27), Malvin Maranganya (19), Prince Sibanda (22), and Tatenda Ndlovu (23) for robbery, according to a bulletin from the National Prosecuting Authority of Zimbabwe.

The attack unfolded on April 1, 2026, around 1900 hours at Ben Shire Mine, Bar 20, Gwanda. The victim, Learnmore Magodhi (39), believed he was negotiating a gold purchase when the group turned on him. As he counted out cash, one of the assailants grabbed the money and fired two shots from a pistol.

Magodhi fought back, disarming the shooter and biting his hand, forcing the four to flee. They made off with 15,000 South African rand, about $820, which has not been recovered. However, they left behind a Samsung cellphone, a blank pistol, clothing, and sandals, evidence that police used to track them down.

“Criminals who exploit trust and resort to violence will face decisive justice,” the NPAZ said in the bulletin.

The case underscores persistent security challenges for mine workers and small-scale buyers in Zimbabwe’s gold sector, where informal transactions often take place without oversight, creating openings for armed robberies disguised as legitimate deals.

Gold ETFs Record US$6.6bn Inflows as Global Investors Return to Safe Haven

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Global physically backed gold exchange-traded funds (ETFs) recorded US$6.6 billion in net inflows in April, marking a sharp reversal from March outflows as investors rotated back into gold amid renewed geopolitical tensions and shifting macroeconomic expectations, the World Gold Council says.

By Ryan Chigoche

The inflows lifted total assets under management to US$615 billion, a 1% month on month increase, while total holdings rose to 4,137 tonnes, the third-highest level on record and only slightly below the February 2026 peak of 4,176 tonnes.

The rebound was broad-based across regions, with Europe leading global demand at US$3.7 billion in inflows, enough to move its year-to-date position back into positive territory.

The United Kingdom drove the bulk of the inflows, followed by Switzerland and Germany, as investors responded to rising geopolitical risks, particularly Middle East tensions, alongside energy market uncertainty and expectations of a less aggressive monetary policy stance than previously priced in.

Asia extended its consistent accumulation trend to eight consecutive months, adding US$1.8 billion.

Hong Kong SAR posted a record US$732 million inflow, supported by new product listings, while Mainland China added US$498 million, underpinned by continued official sector buying and lower yields. India maintained steady demand with US$297 million in inflows, marking its 11th consecutive month of gains, while Japan contributed US$246 million.

Smaller but stable inflows from Australia and South Africa totalled US$106 million, reinforcing a pattern of steady accumulation across emerging and developed markets alike.

North America also returned to positive territory with US$1 billion in inflows, although momentum was uneven. Early-month inflows were driven by a rebound in gold prices and easing market stress following March’s volatility, but sentiment weakened later as a stronger US dollar and rising yields increased the opportunity cost of holding non yielding assets like gold.

Despite strong ETF demand, broader gold market activity moderated. Global trading volumes fell 24% month on month to US$398 billion per day, although they remained above the 2025 average, signalling that liquidity conditions were still robust.

Over-the-counter trading declined modestly but stayed elevated at US$244 billion per day, while exchange volumes dropped more sharply as activity slowed on COMEX and the Shanghai Futures Exchange. ETF trading volumes also eased but remained broadly stable.

Positioning data reflected a more cautious market stance. COMEX net longs declined 4% to 477 tonnes, as early-month gains were gradually unwound later in April. Both managed money and retail-linked positions followed a similar trajectory, with initial rebuilding giving way to renewed selling pressure as macro signals shifted.

From an analytical perspective, April’s data points to a market in transition rather than outright risk-on or risk-off positioning. The scale and geographic breadth of ETF inflows suggest that gold is regaining its role as a core portfolio hedge rather than a tactical trade.

Europe’s strong inflows indicate rising sensitivity to geopolitical and energy risks, while Asia’s sustained demand, particularly China’s record activity in Hong Kong, signals structural buying support rather than short-term speculation.

At the same time, the moderation in North American flows and softer positioning data suggest investors remain reactive to dollar strength and yield dynamics, limiting the speed of a full-scale bullish breakout.

Overall, the World Gold Council data shows a market where conviction is rebuilding unevenly, but directionally tilting back toward gold as a strategic hedge in an environment defined by persistent geopolitical uncertainty and fluctuating rate expectations.

Nickel Demand to Grow on EV Shift, but Africa’s Global Production Share remains Small

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Global demand for nickel is expected to continue rising as the shift toward electric vehicles (EVs) and energy storage systems accelerates, further strengthening the mineral’s strategic importance in battery manufacturing, Mining Zimbabwe can report.

By Ryan Chigoche

According to a fresh report by the Organisation for Economic Co-operation and Development, nickel demand and production are both expected to increase in the coming years, driven largely by growing demand from the energy storage and EV battery sectors.

However, despite holding notable reserves, Africa’s role in global nickel supply is expected to remain relatively limited, with no African country projected to rank among the world’s leading producers by 2040.

Nickel has traditionally been used in stainless steel production, superalloys, and rechargeable batteries. However, its role in lithium-ion battery manufacturing has expanded significantly in recent years as demand for EVs and battery storage technologies continues to grow globally.

The OECD report notes that batteries accounted for 13% of global nickel consumption in 2023, highlighting the growing importance of the mineral in the global energy transition.

Part of this demand growth is being driven by nickel’s increasing use as a substitute for the more expensive cobalt in EV battery manufacturing. According to the report, this shift has fuelled global momentum toward the development of new nickel mining projects.

Despite this rising demand outlook, African nickel production remains modest, contributing about 3% of global output. Production on the continent is concentrated mainly in Madagascar, South Africa, and Côte d’Ivoire.

Madagascar accounted for around 1% of global production, while South Africa and Côte d’Ivoire each contributed approximately 0.7%, according to the report.

Africa’s reserve base is also relatively small in global terms. Reserves located in South Africa, Zimbabwe, and Madagascar accounted for around 5% of global reserves in 2023.

While Zimbabwe remains one of the African countries with nickel reserves, the OECD report indicates that the continent is unlikely to emerge as a major global nickel production hub over the medium to long term.

Recent market trends, however, point to strong growth in global supply. Nickel production increased by 47% between 2019 and 2023 and grew by more than 15% in 2024.

The report attributes much of this expansion to significant production growth in Indonesia, which has rapidly strengthened its position in the global nickel market.

Looking ahead, the OECD expects nickel demand to continue increasing alongside the expansion of EV production and energy storage deployment. Production from current pipeline projects is also expected to rise in response to growing demand.

Even so, the report suggests that Africa’s contribution to global nickel supply is likely to remain relatively small compared to dominant global producers, despite the continent’s growing strategic relevance in the broader critical minerals sector.

Zimbabwe’s Oil Dream Takes Flight: Invictus Breaks Ground on Musuma 1 Wellpad

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Invictus Energy has begun preparing the wellpad for its Musuma 1 exploration well in the Cabora Bassa Basin, marking a decisive step toward what could become Zimbabwe’s first commercial oil and gas production and putting the nation firmly on the global energy map, Mining Zimbabwe can report.

By Rudairo Mapuranga

The Australian explorer announced that surveying of the wellsite and wellpad location is complete, with civil works tendering and access activities now advancing. Geotechnical and water boreholes will be drilled ahead of construction to support engineering design and groundwater assessment. Rig mobilisation and move planning have also commenced, setting the stage for a drilling campaign targeted for the second half of 2026.

“Commencing early site works and rig planning activities positions the Company well for an efficient drilling campaign in the second half of 2026,” Managing Director Scott Macmillan said.

Musuma 1 is no wild gamble. The prospect was selected based on strong direct hydrocarbon indicators identified in seismic data, including updip brightening and a consistent “flat spot”, a horizontal reflector that signals a gas water contact, observed across multiple seismic lines and survey vintages.

“The prospect is supported by seismic amplitude anomalies and structural definition identified on the CB23 seismic survey, and is considered one of the key follow-up exploration opportunities in the Basin,” Macmillan said.

The well targets 1.2 trillion cubic feet of gas and 73 million barrels of condensate on a gross mean unrisked basis. Success would unlock a new play fairway in the eastern portion of Invictus’ 360,000-hectare acreage, building on the already proven Mukuyu gas field, described by Wood Mackenzie as the second largest petroleum find in Sub-Saharan Africa in 2023.

“Musuma 1 is a compelling prospect with material scale and the potential to build on the success of the Mukuyu gas condensate discovery,” Macmillan added.

The Cabora Bassa Basin is one of the last underexplored large frontier rift basins in onshore Africa. Invictus holds an 80 per cent interest in the project through its subsidiary Geo Associates, with Zimbabwe’s Mutapa Investment Fund holding the remaining 20 per cent. A successful discovery at Musuma would expand the country’s resource base and accelerate the path to early production.

Invictus has already secured an Environmental Impact Assessment permit for a gas-to-power pilot project at Eureka Gold Mine as a proof of concept. That scheme, combined with the Mukuyu discovery and now Musuma, lays the foundation for full field development and early gas monetisation.

The company is simultaneously engaging with potential drilling and oilfield service providers, with contract awards targeted for June 2026. The well is designed as a simple, low-cost vertical well to a planned depth of approximately 1,500 metres, targeting the shallow Dande Formation, the same interval that showed residual hydrocarbons and good reservoir quality during Mukuyu 2 drilling.

“We remain focused on advancing preparations for the well while continuing engagement with stakeholders, contractors, and government authorities in support of the upcoming drilling programme,” Macmillan said.

Invictus has scheduled the execution of its Petroleum Production Sharing Agreement with the Government of Zimbabwe for April, though a specific date remains unannounced by Harare. Once signed, the PPSA will serve as the model contract for all future petroleum activity in Zimbabwe, providing the legal and fiscal certainty that international investors demand.

With the wellpad now under preparation, rig contracts nearing award, and the PPSA expected imminently, Zimbabwe stands at the threshold of a new industry.


#MiningZimbabwe #OilAndGas #Zimbabwe #InvictusEnergy #EnergyNews #AfricaEnergy #GasDiscovery #BreakingNews #CaboraBassa

Gold buying prices in Zimbabwe per gram/ ounce, 7 May 2026

Gold buying prices in Zimbabwe per gram/ ounce, 7 May 2026, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above140.90
SG 85% but less than 90%139.41
SG 80% but less than 85%137.92
SG 75% but less than 80%136.43
Sample (5–10g)134.19
Fire Assay CASH141.65

 

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

Zimbabwe Q1 2026 Gold Performance

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Zimbabwe’s gold sector has demonstrated a solid performance in the first quarter of 2026, with total deliveries to Fidelity Gold Refinery (FGR) reaching 9,311.92 kg. This represents a steady 8.29% increase compared to the 8,599.10 kg delivered during the same period in 2025.

The quarterly growth was largely anchored by a massive surge in February 2026, where total output jumped to 3,412.95 kg, significantly outpacing the previous year’s February performance of 2,596.11 kg.

Sector Contributions

The data from FGR highlights a tale of two sectors:

  • Small-Scale Producers: This sector remains the backbone of national production, contributing a total of 6,510.91 kg for the quarter. While they peaked in February, deliveries cooled to 1,748.70 kg in March.

  • Primary Producers: Large-scale industrial mines have shown remarkable consistency and growth. Their monthly output climbed steadily throughout the quarter, finishing at a high of 1,105.31 kg in March, a 14% increase over their March 2025 figures.

SectorJanuary (kg)February (kg)March (kg)Q1 Total (kg)
Primary Producers (Large scale)808.41887.301,105.312,801.01
Small Scale Producers2,236.562,525.651,748.706,510.91
Total Procurement3,044.973,412.952,854.009,311.92

Quarterly Highlights

As the 2026 mining season progresses, the industrial sector’s ability to maintain an upward trajectory suggests improving operational efficiencies at major mines. Although the small-scale sector experienced a month-on-month dip at the end of the quarter, the cumulative volume of over 9.3 tonnes puts the industry in a strong position to meet annual targets.