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Gold buying prices in Zimbabwe per gram/ ounce, 19 September 2025

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Gold buying prices in Zimbabwe per gram/ ounce, 19 September 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

CategoryPrice ($/g)Price ($/oz)
SG 90% and ABOVE110.703,443.26
SG 85% and above but below 90%109.533,406.32
SG 80% and above but below 85%108.363,369.42
SG 75% and above but below 80%107.183,332.04
Sample 5g and above but below 10g105.433,276.87
Fire Assay CASH111.293,463.23

 

NB: Fire Assay cash price is for gold above 100g, no sample is deducted.

A sample of not more than 10g is deducted for the Fire Assay Transfer price

Govt, Banks, Private Sector Collaboration Key to Fast-Track Women in ASM Formalisation and Access to Finance

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With informalisation remaining high and funding access limited, partnerships between the government, financial institutions, and the private sector have been identified as key to the formalisation of women in ASM as well as expanding their access to finance, Mining Zimbabwe reports.

By Ryan Chigoche

This was one of the key takeaways at the ongoing Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) Gender Equality and Artisanal and Small-Scale Mining Capacity Building and Strategy Workshop, where several SADC women in mining associations gathered to chart a way forward towards a formalised, gender-inclusive ASM sector.

Over the years, women in ASM and other marginalised groups have struggled to access funding from financial institutions. This is largely because banks often lack knowledge of how ASM permitting and revenue cycles work, resulting in loans that are not tailored for the industry. At the same time, women miners may not fully understand the benefits of formalisation, limiting their ability to qualify for financing and expand operations.

Faced with this challenge, IGF Senior Policy Advisor Ege Tekinbas, in an interview with Mining Zimbabwe, urged governments, financial institutions, and large-scale mining (LSM) companies to work together to improve access to finance for women in ASM in Zimbabwe and across the SADC region.

“We believe that there could be some collaboration, some programs that could help realising these policies, implementing these policies through also infrastructure and support from LSM. If the dialogue can be enhanced between those three different types of stakeholders, they can better understand, women miners can understand the financial instruments better, they can understand better how women are struggling to access those instruments, and the government stakeholders can also understand how to better work across those three different groups of people,” Tekinbas said.

Strengthening partnerships between governments, financial institutions, and LSM companies is seen as a key solution, not only to expand financing options but also to provide infrastructure, mentorship, and technical support that enable women miners to formalise operations and improve productivity.

Beyond financing, the IGF, which supports 68 member countries, including Zimbabwe, also highlighted other challenges, including limited technical training, gaps in data collection, and insufficient government support for capacity-building programs.

Adding to that, other key issues identified were restrictive cultural norms and beliefs that limit women’s participation, and complex formalisation requirements that make it difficult to operate legally.

Gender-based violence in ASM was also flagged as a critical concern, highlighting the need for coordinated action across stakeholders.

The IGF Zimbabwe workshop is expected to feed into a regional policy framework, or “white paper,” aimed at promoting more equitable participation of women in ASM.

In Zimbabwe, women make up roughly 10–15% of the ASM workforce, with higher participation in some SADC countries.

PLZ Commits to Infrastructure development as it Advances in Key CSR Project

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One of the country’s leading lithium producers, Prospect Lithium Zimbabwe (PLZ), is ramping up its Corporate Social Responsibility (CSR) initiatives, underlining its commitment to infrastructure development and community upliftment.

By Ryan Chigoche

This was a major highlight of the recent media tour of the company’s operations, where PLZ also showcased progress on its soon-to-be-completed US$400 million lithium sulphate plant.

In recent years, CSR has become a cornerstone of responsible mining, ensuring that companies create lasting benefits for the communities where they operate. Through its ongoing initiatives, PLZ has demonstrated that its operations benefit not only the national economy but also grassroots communities in Goromonzi, where the company is based.

The media tour spotlighted PLZ’s road construction project, which complements government infrastructure development efforts. The expansion of the Goromonzi road has improved connectivity, easing the transportation of goods and people. This development is expected to boost the district’s appeal to investors and drive further economic growth.

“The road network construction in Goromonzi District is a testament to our commitment to improving infrastructure and supporting economic development,” said Yu Long, PLZ’s ESG Director. “We believe that this investment will have a lasting impact on the local community and contribute to Zimbabwe’s economic growth.”

With the year drawing to a close, PLZ Public Relations Manager Patience Chizodza confirmed that the company is on track to complete its 4km target for the project, reaffirming PLZ’s commitment to infrastructure development.

“It is one of PLZ’s elite projects, which began in 2024. We did 4km from Majuru Growth Point to Kubatsirana Clinic. When that was done, we started on the next 4km, which we are currently doing from Majuru Growth Point to Arda Farm. This project will be completed this year. We are hoping that we will be able to do the next 4km again next year, 2026, until the whole road has been tarred. We are huge on infrastructure development as PLZ,” Chizodza said.

The tour also featured PLZ’s women’s empowerment program, launched in December 2024 under the banner “Weaving the Future.” The initiative is aimed at improving the livelihoods of local women, and it has already yielded significant results.

Felistas Rutanhira, the group’s leader, said, “We are thrilled by what PLZ has done for us, our lives have improved dramatically. We are now well known, and we receive new sewing orders on a daily basis.”

Since beginning operations in 2022, PLZ has invested more than US$3 million into various CSR projects in Goromonzi.

These include the construction of classroom blocks and staff quarters at Vhuta Primary School. Vhuta and other schools, including Ivordale, Musirikwi, Belmont, and Mwanza, have also benefited from new furniture and textbooks.

PLZ has additionally embarked on its ongoing “energy equity” project, aimed at improving access to reliable power for surrounding communities.

Arcadia Mine Launches Continent’s First Lithium Sulphate Plant, Ahead of Export Ban

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In a landmark development for Zimbabwe’s mining sector, Huayou Cobalt’s subsidiary, Arcadia Technology Zimbabwe (ATZ), is in the final stages of constructing a groundbreaking US$400 million lithium sulphate processing plant at its Arcadia Mine, strategically positioning the operation ahead of the government’s January 2027 ban on lithium concentrate exports, Mining Zimbabwe can report.

By Rudairo Mapuranga

The state-of-the-art facility, hailed as the first of its kind in Africa and only the third globally, represents the most significant step yet in Zimbabwe’s push to move beyond mere extraction and capture greater value from its mineral resources.

The project has been represented as a direct physical manifestation of the National Development Strategy 1 (NDS1) and the government’s broader policy of beneficiation, which seeks to transform the nation from a raw material exporter into a manufacturer of semi-processed and finished goods.

On Thursday, officials from Huayou’s local subsidiaries, Prospect Lithium Zimbabwe (PLZ) and Arcadia Lithium Zimbabwe (ATZ), led a media tour through the sprawling plant. The tour showcased the advanced technology that will transform spodumene concentrate into 50,000 tonnes of battery-grade lithium sulphate annually—a critical precursor chemical for the lithium-ion batteries that power electric vehicles and renewable energy storage systems globally.

Mr. Henry Zhu, ATZ’s Managing Director, framed the massive investment as a direct and proactive response to national policy and a boon for the local economy.

“The lithium sulphate plant is a game-changer for our economy,” Zhu stated. “Not only has this plant created jobs and stimulated local economic activity, but it also showcases Zimbabwe’s potential as a major player in the global lithium market.”

According to Yu Long, Prospect Lithium Zimbabwe’s ESG Director, the economic implications are already being felt. Beyond the capital investment, the plant’s construction has created numerous employment opportunities for residents of Goromonzi District, with further hiring expected upon operational launch.

He said the development is complemented by a significant company-funded road construction project, which has improved connectivity and is set to enhance the district’s attractiveness to more investors.

“The road network construction in Goromonzi District is a testament to our commitment to improving infrastructure and supporting economic development,” said Yu Long, PLZ’s ESG Director. “We believe that this investment will have a lasting impact on the local community and contribute to Zimbabwe’s economic growth.”

The launch solidifies the Arcadia Mine’s status as a cornerstone of Zimbabwe’s lithium future. This is further bolstered by PLZ’s extensive corporate social responsibility (CSR) initiatives, which have seen over US$3 million invested in the district since 2022. The tour showcased the progress of the women’s empowerment project “Weaving the Future”, launched in December 2024. Group leader Felistas Rutanhira attested to its impact: “We are thrilled by what PLZ has done for us, our lives have improved dramatically.”

Other initiatives include constructing classroom blocks at Vhuta Primary School, providing furniture and textbooks to multiple schools, an “energy equity” project for youth entrepreneurs, and a skills development program training young people in welding, electrical work, and forklift driving to combat drug abuse, with successful graduates absorbed into the workforce. A new police base has also been built in Ward 13 to curb crime.

The project is amplified by the global reach of its parent company, Huayou Cobalt. Its recent accession to China’s prestigious Green and Low-carbon Advanced Technology Innovation Platform directly links Zimbabwe’s lithium output to the highest international environmental and technological standards, ensuring the product is destined for the world’s leading electric vehicle manufacturers.

Investment, Sustainable Mining Twins, Mtisi

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The Deputy Director of the Zimbabwe Environmental Law Organisation (ZELO), Shamiso Mtisi, has said investment and sustainable development in the mining sector are inseparable “twins” that must work together for the benefit of the economy, communities, and the environment, Mining Zimbabwe can report.

By Rudairo Mapuranga

Speaking at the Zimbabwe Alternative Mining Indaba (ZAMI), Mtisi said while mining companies often showcase their corporate social responsibility (CSR) projects like building schools, it is crucial to create platforms for communities to voice their concerns over environmental degradation and pollution.

“Definitely, mining companies will be able to share their corporate social responsibility activities and programmes. But at the same time, communities will also share some of their experiences when it comes to some of the areas where there is need to improve,” Mtisi said.

“When it comes to environmental degradation, pollution of rivers and also issues to do with how mining companies can plough back into the communities… that’s quite important. So those discussions will definitely help us in shaping different policies and laws in the country.”

He revealed that ZELO has been working closely with the Ministry of Mines to refine the long-awaited Mines and Minerals Amendment Bill. The ZAMI platform, he said, is designed to help investors understand the expectations of communities for responsible investment.

“Zimbabwe is definitely in need of responsible investments and there is need for all stakeholders to advance responsible investments discussions in the country,” Mtisi stated, endorsing the government’s “Zimbabwe is open for business” mantra while stressing the need for sustainability.

Addressing the link between profitability and responsibility, Mtisi argued that they are not mutually exclusive.

“If you mine sustainably, you are likely to also generate good profits, you will also be improving the lives of people, you will also be protecting the environment as a miner. So I take investments, sustainable development as twins, things that move together,” he said.

With many new businesses entering the country, Mtisi emphasised the urgency of encouraging responsible and sustainable practices in the mining sector.

On the perennial issue of illegal mining, Mtisi called for a nuanced approach, suggesting a move towards formalisation. He proposed categorising artisanal miners and providing them with the necessary support to operate within the law.

“For us as an organisation, formalisation of artisanal mining is very, very key… through categorising different levels of payments or certificates that can be given to individuals or cooperatives,” he said.

“Then the other thing is to provide the artisanal miners or small-scale miners with equipment, finance, and other supportive infrastructure… For us, we believe that it’s important for our people to mine, and mine responsibly, whether as individuals, as cooperatives, but also generating income and creating jobs for themselves. That’s quite important, but it has all to be done responsibly.”

ZAMI Bridges Divide, Champions Inclusive and Sustainable Mining

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The Zimbabwe Alternative Mining Indaba (ZAMI) has solidified its role as a critical national platform for inspiring change and fostering dialogue between the government, mining investors, and communities, with top officials calling for sustainable and inclusive management of the country’s mineral wealth, Deputy Minister of Mines and Mining Development Dr Polite Kambamura said.

By Rudairo Mapuranga

Speaking during the ZAMI 14th Edition this week, Dr Kambamura emphasised that mineral extraction must look beyond immediate profit to ensure intergenerational equity.

“My view today is that when people are extracting from minerals, let it go beyond the extraction, but let’s look at sustainability. How will future generations benefit from what is happening today?” he said.

He positioned the global just energy transition, driven by demand for minerals like lithium and platinum group metals (PGMs), as a monumental opportunity for Zimbabwe, but only if managed correctly.

“This will provide employment to our people, it will provide a cleaner source of energy… It should not benefit only the investors, but our people, the owners of the minerals, the owners of the land should also benefit,” Kambamura stated, adding that everyone must be included in both upstream and downstream industries.

The Deputy Minister defended the government’s record, citing national peace and ongoing infrastructure projects as evidence of proper mineral resource management.

“When you see roads being constructed, hospitals being built, that money is coming from the minerals… So if properly managed, our people can benefit from their mineral resources. But if mismanaged, we see that there will be challenges,” he warned.

His comments dovetailed with those of the Zimbabwe Environmental Law Organisation (ZELO) Deputy Director, Shamiso Mtisi, who earlier underscored that investment and sustainable development are inseparable “twins.” Mtisi argued that platforms like ZAMI are essential for shaping policy, allowing communities to voice concerns over environmental degradation and pollution directly to lawmakers and investors.

“Those discussions will definitely help us in shaping different policies and laws in the country,” Mtisi said, revealing that ZELO is actively working with the Ministry of Mines to refine the Mines and Minerals Amendment Bill.

Both speakers agreed on the necessity of formalising the artisanal mining sector. While Mtisi detailed the need for providing “equipment, finance, and other supportive infrastructure” to small-scale miners, Kambamura highlighted the government’s commitment to collaboration.

“As a government, we stand ready to work with ZELO, that’s why I’m here today, to hear issues coming from the organisation, to hear issues coming from the people, to engage people,” Kambamura said, acknowledging that resolving complex issues is “a process, not an event” that often requires a whole-of-government approach.

The consensus from ZAMI 2025 is clear: for Zimbabwe to truly benefit from its mineral endowment, a collaborative, sustainable, and inclusive path is not just ideal—it is imperative. The platform continues to be a vital engine for inspiring the change needed to achieve that goal.

Government Revamps Mining Law for Sustainability and Global Standards

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Zimbabwe is embarking on a transformative journey to redefine its mining sector, with the new Mines and Minerals Bill Amendment placing public consultation, sustainability, and global best practices at its core, Mining Zimbabwe can report.

By Rudairo Mapuranga

In a significant shift towards transparent lawmaking, the government has thrown the doors open for national dialogue, urging citizens, miners, and investors to help shape a law that will govern the country’s most valuable natural resources for generations to come.

Deputy Minister of Mines and Mining Development, Eng Polite Kambamura, has positioned the soon-to-come consultation process as a testament to the government’s commitment to inclusivity.

“The fact that the Mines and Minerals Bill Amendment is going through public consultation shows a government that is ready to engage its citizens and hear their comments… it’s not being done behind closed doors. It’s a show of transparency, a readiness for inclusivity, leaving no one behind,” Eng Kambamura stated.

This open-door policy marks a deliberate move away from past criticisms of opaque decision-making. The Deputy Minister explicitly called for stakeholders to present their views on critical issues, including artisanal mining formalisation, community beneficiation, and human rights safeguards.

This inclusive approach, he argued, is essential to align the law with “changing markets, growth dynamics, and the need to be in sync with regional and international standards.”

Beyond domestic governance, the Bill is intricately linked to Zimbabwe’s global economic positioning. Eng Kambamura highlighted that a modern, transparent legal framework is key to attracting quality investment.

“It was a very good experience to market our country as a friendly and responsible mining destination,” he noted, underscoring that global investors increasingly prioritise environmental, social, and governance (ESG) standards alongside mineral potential.

A central pillar of the proposed amendment is the imperative of sustainable development. The Deputy Minister defined the Bill’s philosophy clearly: “Development that meets the needs of the current generation, without compromising the ability of future generations to meet their own needs — that is sustainability.”

This principle seeks to ensure that mineral extraction contributes to long-term national prosperity rather than short-term exploitation.

Paving the Way for a National Mining Policy

In a pivotal revelation, Eng Kambamura indicated that the passage of this Bill would create the foundation for Zimbabwe’s first comprehensive national mining policy.

“I think the Bill will open up a way for the Ministry to draft a mining policy first. And all these other issues will now fall under the mining policy,” he said.

This move promises to provide a cohesive, long-term strategy for the sector, encompassing value addition, local content, and community development.

Despite the open forum, the Deputy Minister cautioned against public apathy, revealing that some are already treating the draft as a finished product.

“Some people are already taking it as if it were closed doors… That’s not the position. We’re still hoping for engagement,” he explained, issuing a direct call for robust participation to ensure the final law is reflective of the nation’s aspirations.

The message is clear: the future of Zimbabwe’s mining sector is being written now, and every voice has a role in shaping it.

Gold buying prices per gram/ ounce 18 September 2025

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

CategoryPrice ($/g)Price ($/oz)
SG 90% and ABOVE111.833,478.39
SG >89% <90%110.653,441.73
SG >80% <85%109.473,405.08
SG >75% <80%108.283,368.12
Sample 5–10g106.513,310.49
Fire Assay CASH112.863,509.18

 

NB: Fire Assay cash price is for gold above 100g; no sample is deducted.

A sample of not more than 10g is deducted for the Fire Assay Transfer price

Mine Entra 2025 Looks to Broaden Engagement with the New Virtual Marketplace

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The Zimbabwe International Trade Fair (ZITF) has introduced the Virtual Marketplace for this year’s Mining, Engineering, and Transport Expo (Mine Entra), an innovation set to bring a new dimension to the exhibition experience at the country’s premier mining event, Mining Zimbabwe can report.

By Ryan Chigoche

The platform, which has been described as a “masterstroke,” allows exhibitors to showcase products, services, and technologies in an interactive online environment, reaching a wider audience and engaging with potential clients in real time.

Coming at a pivotal moment for Zimbabwe’s mining sector, which continues to face investment and growth challenges, the Virtual Marketplace provides a dynamic platform to connect stakeholders, highlight industry capabilities, and foster international partnerships directly supporting Mine Entra’s goal of revitalizing the sector and driving sustainable development.

Speaking to Mining Zimbabwe, ZITF Chief Executive Nick Ndebele described it as Mine Entra’s masterstroke, which will give exhibitors a global audience.

“The Virtual Marketplace is Mine Entra 2025’s coup de maître — a signature innovation that ensures connections are not limited by the space or time constraints of the physical event,” Ndebele said.

“This digital space allows exhibitors to engage a broader audience of visitors, buyers, and peers aligned with their business interests. Exhibitors will also be able to schedule one-on-one virtual meetings for detailed product demonstrations and meaningful conversations, and showcase resources, products, and solutions to a global audience, extending their visibility well beyond the exhibition halls,” he added.

To fully explore the platform, exhibitors have been urged to complete their profiles, with dedicated support from the ZITF technical team available to guarantee a seamless experience.

By combining virtual and on-site activities, ZITF aims to create a hybrid experience that enhances networking and investment opportunities.

The Virtual Marketplace reinforces the expo’s role as a dynamic platform to attract investment, showcase industry capabilities, and foster sustainable international partnerships.

Meanwhile, preparations for Mine Entra 2025 are already well underway, following a robust marketing and promotional campaign that has generated strong interest from stakeholders.

This year’s edition will run under the theme “Beyond Extraction: Sustaining the Future of Mining,” placing greater emphasis on sustainability, innovation, and community impact.

Mine Managers call for Technology Transfer & Knowledge Exchange to Fortify Zimbabwe’s Mining Sector

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Shamva Mine General Manager Eng. Gift Mapakame has issued a compelling call for greater inclusivity and collaboration, specifically urging major Chinese-invested operations to join the industry’s premier body for knowledge sharing, Mining Zimbabwe reports.

By Rudairo Mapuranga

The appeal was made during the Association of Mine Managers of Zimbabwe (AMMZ) 3rd Quarter Technical Meeting, hosted by Sinomine Bikita Minerals in Masvingo. In his vote of thanks, Mapakame framed the integration of key players not just as an administrative formality, but as a critical strategic move to harness advanced technology and proprietary skills for the benefit of the entire national industry.

Mapakame pointed to a glaring paradox: Chinese investment now constitutes a significant and dominant share of Zimbabwe’s mining sector, bringing with it cutting-edge technology and specialised methodologies, yet remains noticeably absent from the institutions designed to foster sector-wide growth.

“The reality on the ground… is that the share of the lithium sector that Chinese investment has actually taken is quite significant. It’s much more than half of the traditional operations,” Mapakame stated. “But the reality is that there’s a lot of gaps in terms of inclusivity that we are noting.”

He elaborated that this investment is far more than just capital. “It’s coming with technology, it is coming with skills,” he emphasised. “All those things are just hanging out there and we are unable to actually harness those new establishments and just harmonise with what is existing. So it’s a major gap.”

This gap, according to Mapakame, prevents the cross-pollination of ideas that is essential for progress. Without formal channels for knowledge exchange, local mines cannot fully benefit from the technological advancements and operational efficiencies that companies like Bikita Minerals possess. Conversely, international operators may miss out on the deep, contextual understanding of local geology, regulations, and practices that established AMMZ members hold.

The AMMZ is no mere social club; it is a vital cog in the machinery of the national mining industry. Mapakame highlighted its role in “shaping the policy framework of the sector,” including the review of critical regulations. By excluding such a large portion of the industry’s technological vanguard, the association—and by extension, the sector—risks crafting policies in a vacuum, unaware of the latest innovations and challenges.

It was this imperative that drove the AMMZ’s deliberate outreach to Bikita Minerals. The technical visit was a first step, a bridge built to connect two worlds. Mapakame’s speech was the invitation to cross it.

Turning directly to the leadership of Bikita Minerals, his appeal was personal and direct. “It’s a bit sad that we actually do not have anyone from Bikita Minerals as a member of the association,” he noted before asking, “Do we have anyone who is a member of the Association of Mine Managers from Bikita Minerals? No, we don’t.”

“Please, please, please, please,” he entreated, “as we leave this part, we are going to leave you with links and application forms so that you could also join the association and bring on board… all that international assets and proprietary knowledge that you have.”

His vision is one of a unified, stronger industry. “The door is wide open. We don’t know it all. And you have got something to offer. Let’s come together. The industry is ours. Let’s shape it. Let’s build it together.”

The hosting of the event by Bikita Minerals provided a perfect case study in the value of this proposed exchange. Mapakame expressed deep gratitude for the company’s transparency in showcasing its operations. He specifically mentioned his intrigue with the reprocessing of old dumps for strategic minerals like cesium, a process that involves sophisticated technology and reflects an innovative approach to resource maximisation.

“I was particularly intrigued by the reprocessing of the old dumps in pursuit of cesium. The pricing of that particular mineral commodity is good,” he said, acknowledging the smart diversification that shields the operation from the volatility of more common mineral markets. This technological adaptability is precisely the kind of knowledge that could benefit other mines in Zimbabwe.

Mapakame’s call to action is a recognition that the future of mining is technological. It is driven by automation, data analytics, and sophisticated mineral processing techniques. For Zimbabwe to compete globally and extract maximum value from its mineral wealth, its entire sector must evolve. This cannot happen in silos. It requires a collective effort, a melting pot of international technology and local expertise.

By championing this knowledge exchange, Gift Mapakame is advocating for more than just new members for an association; he is proposing a blueprint for a more resilient, innovative, and prosperous mining industry in Zimbabwe, built on the foundational pillars of shared technology and mutual growth.