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Minister Kambamura Assumes Strategic Patronage of ZMF

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In a strategic move to deepen collaboration between the government and the mining community, the newly appointed Minister of Mines and Mining Development, Hon. Dr. Polite Kambamura, has formally assumed the role of Patron of the Zimbabwe Miners Federation (ZMF), Mining Zimbabwe can report.

By Rudairo Mapuranga

This acceptance, enacted in accordance with Article 23 of the ZMF Constitution, underscores a mutual commitment to a cooperative and prosperous mining environment in Zimbabwe. The ZMF, representing the critical artisanal, small- to medium-scale mining sector, views the Minister’s patronage as a pivotal step in aligning the sector with national development goals.

The role of Patron is far from ceremonial. It establishes a direct, high-level channel of communication and guidance between the Ministry and the federation’s vast network of miners. The ZMF leadership has expressed confidence that Dr. Kambamura’s “esteemed leadership, vision for the mining sector, and commitment to the development of Zimbabwe” will strengthen efforts to promote sustainable and compliant mining practices.

This partnership is now a cornerstone in the government’s drive to formalise the artisanal and small-scale mining sector—a key priority for Minister Kambamura, who has consistently emphasised community benefit and structured growth since his appointment.

The Zimbabwe Miners Federation is a vital entity in the nation’s economic landscape. As the official representative body for small- to medium-scale miners, it:

  • Advocates for the interests and formalisation of thousands of miners across the country.
  • Plays a central role in promoting safety, environmental responsibility, and best practices.
  • Serves as a collective voice for a sector that contributes significantly to national mineral output, particularly gold.

The Minister’s patronage directly supports the realisation of His Excellency President Emmerson Mnangagwa’s Vision 2030. By working closely with the ZMF, the Ministry aims to harness the sector’s dynamism to enhance its contribution to the national goal of achieving an upper-middle-income economy.

Minister Kambamura, an engineer by profession, has outlined a detailed, multi-pillar plan focusing on community benefit, technological modernisation, and attracting quality investment. His active guidance as Patron is now positioned to channel the energy of the small-scale mining sector directly into this national development framework.

The Minister’s assumption of this role stands as a tangible indicator of the government’s partnership approach with the mining community, marking the beginning of a new era of collaboration.

Gold buying prices in Zimbabwe per gram/ ounce, 18 December 2025

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Gold buying prices in Zimbabwe per gram/ ounce, 18 December 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above131.924,103.17
SG 85% and above but below 90%130.524,059.63
SG 80% and above but below 85%129.134,016.39
SG 75% and above but below 80%127.733,972.85
Sample 5g and above but below 10g125.643,907.84
Fire Assay CASH132.624,124.95

 

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.

Fred Moyo appointed Ministry of Mines Deputy Minister

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Mr Moyo’s appointment comes at a critical time for the mining sector, which remains the backbone of Zimbabwe’s economy and a key source of foreign currency earnings. The sector is central to the government’s drive towards increased mineral output, value addition, beneficiation and strengthened regulatory oversight.

As Deputy Minister, Mr Moyo is expected to support the Ministry of Mines and Mining Development in advancing policy implementation, improving operational efficiency and driving sustainable growth across the mining value chain.

The appointment takes effect immediately.

The press statement announcing the appointment was signed by Dr Rushwaya and dated December 17, 2025.

Zimbabwe Sets New Gold Royalty Threshold at US$5,000, Exempts ASM

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In a major policy shift, Finance Minister Mthuli Ncube has unveiled a revised sliding-scale royalty structure for gold, significantly raising the trigger for the top 10% rate following fierce opposition from miners. The new proposal, announced in Parliament on December 16, exempts small-scale miners from any increase and sets a significantly higher price threshold for large-scale producers, Mining Zimbabwe can report.

By Rudairo Mapuranga

Bowing to intense pressure from the mining industry, Zimbabwe’s government has drastically revised its proposed gold royalty hikes, offering a significantly more favourable structure for producers. Finance Minister Mthuli Ncube announced the concessions in Parliament, marking a substantial retreat from the original 2026 budget plan that would have imposed a 10% royalty on gold sold above US$2,501 per ounce.

The new framework, effective January 1, 2026, is as follows:

For small-scale miners:
No change to their current royalty arrangements.

For large-scale miners:
A new, progressive royalty system:

  • 3% if the gold is sold below US$1,200 per ounce.
  • 5% if sold between US$1,201 and US$5,000 per ounce.
  • 10% only if sold above US$5,000 per ounce.

The climbdown follows weeks of unified warnings from across the sector. The original budget proposal, announced in late November, was met with “immediate and forceful pushback” from large- and small-scale miners alike. Major producer Caledonia Mining Corporation warned the hike would slash profitability and force a reassessment of a key US$484 million project.

The Zimbabwe Miners Federation (ZMF), representing the artisanal and small-scale miners who produce about 65% of the nation’s gold, led the charge. It urgently appealed to President Emmerson Mnangagwa, arguing the 10% rate would cripple investment, stall development, and fuel massive gold smuggling to neighbouring countries.

Minister Ncube acknowledged this pressure, telling the House he had been “persuaded by the contributions from both sides of the House and by the public,” as well as direct representations from mining bodies.

The revised structure, particularly the sharply increased threshold for the top rate, has been hailed as a pragmatic solution that balances fiscal needs with sector sustainability.

Hon. Jonah Nyevera, a member of the Parliamentary Portfolio Committee on Mines and Mining Development, praised the move as a strategic masterstroke.

“The decision to leave small-scale miners’ royalties unchanged is a masterstroke. It allows these operators—who produce the bulk of our gold—to grow, formalise, and contribute to the economy without being burdened by higher taxes,” Nyevera stated.

He particularly highlighted the logic behind the new US$5,000 threshold for the 10% rate. “For large-scale miners, the 10% rate for prices above US$5,000 is a genius move. It ensures the government shares in supernormal profits while not discouraging investment, given that gold prices rarely exceed that threshold. This is a win-win for the government, the people of Zimbabwe, and investors.”

The new royalty proposal now awaits formal adoption by Parliament. If passed, it will represent a significant victory for the mining industry, which argued successfully that the original plan threatened the viability of Zimbabwe’s most important export sector.

The compromise suggests a government more responsive to stakeholder concerns, aiming to capture higher revenue only during extreme price booms while providing the stability miners need to plan and invest for the long term.

Gold buying prices in Zimbabwe per gram/ ounce, 17 December 2025

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Gold buying prices in Zimbabwe per gram/ ounce, 17 December 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above131.374,086.07
SG 85% and above but below 90%129.984,042.83
SG 80% and above but below 85%128.593,999.60
SG 75% and above but below 80%127.203,956.37
Sample 5g and above but below 10g125.123,891.67
Fire Assay CASH132.074,107.84

 

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.

Seven Miners Killed in Shaft Collapse at Chegutu Mine

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The Zimbabwe Republic Police (ZRP) has confirmed a fatal mining accident that claimed the lives of seven miners at Stewart 3 Mine in Pickstone, Chegutu.

According to a police statement, the incident occurred on December 15, 2025, when a shaft in which the miners were working collapsed. Seven miners died at the scene, while four others sustained injuries of varying severity.

The injured miners were reportedly rescued and taken to a nearby medical facility for treatment. Emergency services and mine rescue teams attended the scene as efforts were made to secure the area and account for all workers.

Authorities have since launched investigations to establish the cause of the shaft collapse and to assess whether safety procedures were being followed at the mine. The ZRP said further details surrounding the incident, including the identities of the deceased and injured, will be released in due course.

The tragedy has once again highlighted ongoing safety challenges within the country’s mining sector, particularly in underground operations, where shaft collapses remain a persistent risk.

Chrome vs Gold Mining in Zimbabwe – Which Is Easier to Mine and More Profitable?

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Mining is the backbone of Zimbabwe’s economy, with gold and chrome ranking among the country’s most strategic minerals. Both commodities support thousands of livelihoods, from artisanal miners to large-scale operators, and both are central to export earnings. Yet for investors, small-scale miners, and new entrants into the sector, a critical question remains: between chrome and gold mining in Zimbabwe, which is easier to mine and which is more profitable?

Geological Distribution and Ease of Mining

Zimbabwe is richly endowed with gold, hosting extensive greenstone belts that stretch across the country. Gold occurs in both primary hard-rock deposits and secondary alluvial formations along rivers and old workings. Alluvial gold is particularly attractive to artisanal and small-scale miners because it can be accessed with basic equipment such as picks, shovels, pans, and sluice boxes. However, hard-rock gold mining is more demanding, requiring drilling, blasting, and milling, as well as a higher level of geological understanding.

Chrome, on the other hand, is largely concentrated along the Great Dyke, one of Zimbabwe’s most significant geological features. Chromite seams along the Dyke are often shallow, laterally continuous, and predictable. This makes chrome mining comparatively easier, especially through open-pit methods. The consistency of chrome ore bodies reduces geological risk, which is a major advantage for miners with limited capital.

From a purely mining perspective, chrome is generally easier to extract in Zimbabwe due to its predictable geology and simpler mining methods.

Capital Requirements and Technical Complexity

Gold mining in Zimbabwe can be capital-intensive, particularly beyond the artisanal level. Processing gold-bearing ore requires crushing and milling, followed by gravity concentration or chemical processes such as cyanidation. Compliance with environmental and safety regulations further increases costs, especially where chemicals are involved.

Chrome mining is typically less complex. In many cases, chromite ore only needs washing, screening, and basic beneficiation before sale. This lower level of processing translates into reduced capital expenditure and operational costs. For small- to medium-scale miners, chrome mining often presents a lower barrier to entry than gold. However, excavator hire costs should be taken into consideration.

Marketing, Pricing, and Payments

Gold benefits from a well-established formal market in Zimbabwe. The Fidelity Gold Refinery (FGR) provides a ready buyer, with prices linked to international benchmarks and relatively prompt payment. This market structure offers transparency and price certainty, making gold attractive despite its technical challenges.

Chrome pricing is less straightforward. Prices are influenced by global stainless steel production, particularly demand from China, and can be volatile. Chrome miners are also affected by export policies, logistics, and transport costs, which can significantly impact margins given the bulky nature of the ore.

Profitability Dynamics

Gold is a high-value mineral, meaning small volumes can generate substantial revenue. When grades are good and recovery is efficient, gold mining can be highly profitable, even at relatively small scales. However, profitability can quickly erode if ore grades are inconsistent, recovery rates are poor, or costs are poorly controlled.

Chrome mining generally operates on lower margins but makes up for this through volume. Large-scale chrome operations along the Great Dyke can be consistently profitable, particularly during periods of strong global demand. For small-scale chrome miners, profitability is more sensitive to price swings and transport distances.

In essence, gold offers higher potential returns but carries higher risk and complexity, while chrome offers more predictable, though often thinner, margins.

Regulatory and Environmental Considerations

Gold mining in Zimbabwe faces increasing regulatory scrutiny due to environmental degradation, especially from alluvial mining and the use of hazardous chemicals. Compliance costs and enforcement actions can affect operations.

Chrome mining, while not without environmental impact, generally involves fewer hazardous substances and is often easier to regulate. Open-pit chrome operations can be simpler to monitor, although land disturbance remains a concern.

Rounding up

In Zimbabwe, chrome mining is generally easier to mine due to its predictable geology, shallow deposits, and simpler processing requirements. It is often the preferred entry point for miners with limited capital and technical capacity.

Gold mining, however, remains more profitable in potential terms. Its high value, strong global demand, and structured local market make it a more lucrative option when operations are well managed.

Ultimately, the choice between chrome and gold mining in Zimbabwe depends on a miner’s resources, experience, and risk tolerance. For simplicity and lower upfront costs, Chrome is often the easier path. For those willing to manage greater complexity in pursuit of higher returns, gold remains the more profitable prize.

Kavango Eyes Joint Venture to Unlock Botswana Copper Potential Amid Strong Price Trends

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VFEX- and London-listed junior Kavango Resources is actively reviewing strategic options for its extensive land positions in the Kalahari Copper Belt (KCB) in Botswana, including the possibility of bringing in a joint venture (JV) partner to help advance exploration, Mining Zimbabwe reports.

By Ryan Chigoche

The company said the review remains at an early stage, with no assurance it will result in a transaction, or on the timing and terms of any potential deal.

The company’s contiguous ~6,200 km² licence package lies along strike from two of the belt’s standout assets — MMG’s Khoemacau copper mine and Sandfire Resources’ Motheo copper-silver project — giving Kavango a strategic foothold in one of Southern Africa’s most prospective copper provinces.

This proximity to established operations adds weight to the junior’s exploration ambitions and highlights the potential of its licences to host economically significant deposits.

Early drilling results have reinforced interest in the tenure. At the Karakubis prospect, diamond drilling intersected copper mineralisation in all seven initial holes, with portable XRF measuring grades exceeding 1% copper.

In addition, broad zones of hydrothermal alteration were encountered, suggesting the potential for larger, high-quality deposits. Together, these early results indicate that Kavango’s licences may mirror geological traits observed at other successful projects within the belt, further validating its exploration strategy.

Supporting this, geophysical surveys and structural interpretation indicate favourable folding and contact zones between the D’Kar and Ngwako Pan formations — geological settings historically linked with major copper mineralisation.

Moreover, satellite imagery analysis has highlighted structural parallels with Sandfire’s T3 copper mine, suggesting that similar mineralisation styles could exist on Kavango’s tenements.

These findings strengthen the case for continued exploration and underline the strategic importance of Kavango’s landholding.

Kavango emphasised that a JV is only one of several strategic avenues being considered. Bringing in a partner could provide both technical expertise and capital, enabling the company to accelerate drilling programmes, expand geophysical surveys, and advance towards resource definition.

At the same time, such a partnership would help share the costs and risks associated with early-stage exploration, which remain significant in frontier copper provinces like the Kalahari Belt.

The timing of these plans is also influenced by broader market dynamics. The global copper price environment has remained robust throughout 2025, supported by tight supply, resilient demand from electrification and industrial sectors, and constrained inventories.

On the London Metal Exchange (LME), copper has traded at historically strong levels, reflecting sustained bullish sentiment amid structural deficits. This price momentum not only increases the attractiveness of Kavango’s copper projects but also strengthens the rationale for exploring partnerships or accelerating development efforts.

While the Botswana copper assets draw attention, Kavango continues to progress its Zimbabwe gold portfolio. The company recently raised additional funding via a Zimbabwe subscription and share issuance to support working capital and exploration work, with the shares expected to be admitted on both the London Stock Exchange and the Victoria Falls Stock Exchange.

In Zimbabwe, Kavango has exercised its option to acquire 100% of the Nara Gold Project, secured funding for its local operations, and commenced resource drilling at the Bill’s Luck site on the Hillside Gold Project, targeting a maiden mineral resource estimate.

With Zimbabwe’s greenstone belt underexplored yet richly endowed, Kavango’s dual strategy of advancing gold production in Zimbabwe while pursuing copper discoveries in Botswana reflects a balanced approach.

This strategy positions the company to unlock substantial shareholder value while capitalising on favourable market fundamentals for both metals.

Gold buying prices in Zimbabwe per gram/ ounce, 16 December 2025

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Gold buying prices in Zimbabwe per gram/ ounce, 16 December 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

1 oz = 31.1035 g

CategoryPrice ($/g)Price ($/oz)
SG 90% and above131.124,078.29
SG 85% and above but below 90%129.734,035.06
SG 80% and above but below 85%128.353,992.13
SG 75% and above but below 80%126.963,948.90
Sample 5g and above but below 10g124.883,884.21
Fire Assay CASH131.814,099.75

 

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.

How a CSR Initiative Became a Lifeline for a Kamativi Mother

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Corporate Social Responsibility (CSR) programmes can sometimes appear as mere obligatory exercises, a box to be ticked for public image. However, for Kamativi Mining Company (KMC), a July medical outreach clinic, which could have been perceived as a single-day event to fulfil a commitment, unfolded into a profoundly different story — one where corporate follow-through turned a routine clinic into a dramatic, life-saving intervention, Mining Zimbabwe can report.

By Rudairo Mapuranga

It began as a free, one-day medical camp at the Kamativi Community Hall. KMC, as part of its social investment, hosted a team of Chinese medical specialists who attended to over 400 community members. For many, it was their first consultation with a qualified doctor in years. The event provided diagnoses, medication and minor surgeries. On the surface, it was a successful community outreach. But for one attendee, it marked the beginning of a desperate race against time.

That attendee was Caroline Zulu, a 32-year-old mother of two who had been living in silent agony. “I was living with pain every day,” she confessed, recalling the stomach tumour that was slowly consuming her hope. “I had almost accepted that this was my fate.” Her visit to the clinic was a last resort. What doctors discovered during her examination, however, transformed KMC’s CSR from a one-off event into a sustained mission.

“KMC acted immediately when the doctors told me my situation was serious,” Caroline said. “They did not treat me like a number. They treated me like family.”

IMG-20251215-WA0007

With her condition flagged as critical, the company triggered an urgent response. It guaranteed full financial and logistical support, coordinating her complex journey through the healthcare system. KMC covered costs for advanced tests in Victoria Falls and a CT scan in Bulawayo, ultimately facilitating her admission and successful major surgery at Parirenyatwa Hospital in Harare in October.

The total cost of her medical bills, transport and support exceeded US$5,000 — a lifeline that was unequivocally the difference between despair and survival.

“I remember being wheeled into theatre and thinking, ‘This is my second chance,’” Caroline recounted, her voice filled with emotion. “I would not have been there without KMC. They literally saved my life.”

Her successful recovery is a powerful testament to the potential depth of corporate-community partnership. When Mining Zimbabwe recently visited her home, she was not there — she had gone out to visit a friend, a simple act that speaks volumes about her restored health.

“This operation gave me my life back,” she said. “I can laugh again. I can dream again. Most importantly, I can be a mother again. KMC did not just help me heal; they gave my children their mother back.”

Caroline’s story is the most dramatic highlight, but it is anchored in a broader, intentional CSR strategy. The July clinic itself provided critical early interventions, detecting conditions such as pre-diabetes and treating chronic ailments for hundreds.

Local leadership affirms the transformative impact. Ward 11 Councillor Joshua Tshuma describes such initiatives as an “investment in human capital,” while Chief Nekatambe praised KMC for bringing “life to the people”.

For KMC, which reopened the dormant Kamativi mine as a lithium venture, this reflects a core operating principle.

“To KMC, mining is not simply about extracting resources; it is about nurturing long-term sustainability and shared prosperity in the communities where it operates, and we are proud that we did save a life in our community. We wish her good luck in the future,” stated Chief Operating Officer Mr Turkey Liang.

This philosophy extends beyond healthcare. The company has invested in vital infrastructure — roads, electricity and water — and its integrated community programmes recently earned it a Responsible Mining and Social Impact Award.

Caroline Zulu’s journey from a free clinic chair to a hospital operating theatre dismantles the notion of CSR as a publicity stunt. It shows that, with genuine commitment and compassionate follow-through, corporate responsibility can forge stories of hope, restore families and, indeed, save lives. For KMC, the tick-box was not the goal; the human impact was. And as Caroline’s laughter now fills her home again, that impact is measured in the most precious currency of all: a future restored.