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Search results: Reserve Bank of Zimbabwe (RBZ)
Why violence is rising in Zimbabwe’s small-scale mines
Amid socio-economic malaise facing Zimbabwe, mining is the only remaining silver lining.The sector underpins the country’s socio-economic growth prospects. Gold which is expected to contribute US$4 billion, a third of the anticipated US$12 billion earnings from mining...
Caledonia optimistic of interbank exchange market
AIM-listed mining group, Caledonia Mining Corporation, is optimistic that the introduction of the inter-bank foreign currency exchange market in February will help stabilise business operations and assist the company to yield more profits.The chief executive officer,...
$100 million to bankroll small scale mining
FIDELITY Printers and Refiners (FPR) would this year mobilise $100 million to bankroll small-scale mining operations in addition to the $150 million Gold Development Initiative Fund.Speaking during a small-scale miners’ conference in Bulawayo yesterday, FPR head...
USD, RTGS Bank exchange rate impacts operations: Mahlahla
Yesterday the Zimbabwe Miners Federation (ZMF) National Chrome Representative Mashonaland Central ZMF chairperson Masango Mahlahla presented a seven point grievance list at the ZMF MONETARY POLICY REVIEW BREAKFAST MEETING attended by Ministry of Mines led by...
Gold Exports Fetch US$278.5 Million in February as Deliveries Surge
Zimbabwe’s gold export earnings reached US$278.5 million in February 2026, driven by firm international gold prices and a sharp increase in deliveries from the artisanal and small-scale mining (ASM) sector, according to the latest data from...
Small-scale gold miners now back to 100% us dollars
In a move that puts the practical needs of the "man in the pit" before immediate policy shifts, the Reserve Bank of Zimbabwe (RBZ) has hit the brakes on the new 90% gold retention threshold for...
RBZ Flaunts ZIG Stability as Exporters Pay the Price
The Reserve Bank of Zimbabwe (RBZ) has moved to defend itself amid growing frustration from exporters over delayed payments of their surrendered foreign currency, saying the push for timely disbursements reflects increased confidence in the Zimbabwe...
Zimplats H1 2026 Profit Soars 3,376% to US$144M on PGM Price Recovery and Strong Output
The country's biggest platinum group metals producer, Zimplats Holdings Limited, has reported a staggering turnaround in its financial performance for the half-year ended 31 December 2025, with after-tax profit surging to US$143.7 million, a dramatic increase...
PGI Takes Control of Muchesu as RBZ Approves Restructured Shareholding
Pacific Goal Investments (Private) Limited (PGI) has formally assumed majority ownership and operational control of the Muchesu coal project in north-western Zimbabwe after securing registration from the Reserve Bank of Zimbabwe (RBZ), Mining Zimbabwe reports.
By Ryan...
Fidelity Begins Implementing RBZ’s New 10% Export Surrender Policy for Small-Scale Miners
Fidelity Gold Refinery (FGR) has begun implementing the new policy requiring small-scale gold miners to surrender 10% of their export earnings, following measures announced by the Reserve Bank of Zimbabwe (RBZ), Mining Zimbabwe can report.
The move...
Small-Scale Gold Miners to now Get 90% in USD, 10% in ZiG
Fidelity Gold Refinery has implemented a new 90:10 payment structure for small-scale gold producers following the latest monetary policy directive from the Reserve Bank of Zimbabwe (RBZ).In a statement issued after the RBZ’s Monetary Policy Statement...
RBZ Maintains 30% Exporter Surrender, Cites Uptick in Mineral Prices
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,...
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