Search results: gold prices

In a major boost for Zimbabwe’s energy sector, the Environmental Management Agency (EMA) has approved the Environmental and Social Impact Assessment (ESIA) for Invictus Energy’s pilot production activities at the Cabora Bassa Project (Muzarabani), enabling the...

The Reserve Bank of Zimbabwe (RBZ) is concerned about the anticipated decline in platinum group metal (PGM) prices in 2025, driven by slowing demand from the automotive sector as the shift to renewable energy accelerates. By Rayan...

Gold prices are on a meteoric rise, fueled by escalating global trade tensions and inflation concerns. As of today, the international price of gold stands at US$93.85 per gram, with analysts predicting that the precious metal...

Gold prices surged to a record high of $2,933 per ounce on February 11, 2025, up from $2,917.90 the previous day, driven by escalating trade tensions under the U.S. President’s new tariff policies.By Ryan ChigocheThe surge...

Zimbabwe's ambitious attempt to stabilize its economy using gold reserves and the Zimbabwean gold-backed currency (ZiG) is facing significant challenges, despite assurances from the Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu, that gold would...

Zimbabwe’s gold output is expected to dip in the first quarter of 2025 due to the effects of La Niña, which will bring a prolonged wet season, in contrast to the drier conditions of the prior...

Antimony prices soared 40% on Wednesday after China on Tuesday banned exports to the United States of several critical minerals. China enforced theexisting limits on antimony, gallium, and germanium - critical minerals that have widespread military applications ahead of...

Zimbabwe's 2025 National Budget, presented by Finance and Investment Promotion Minister Mthuli Ncube, projects a 5.6% growth in the mining sector, driven by an anticipated surge in global commodity prices.By Ryan ChigocheThis marks a sharp recovery...

Dallaglio Investments, the mining division of Padenga Holdings, has reported a remarkable 22% increase in gold sales for the third quarter of 2024. This strong performance is attributed to higher mill feed grades and improved recovery...

Dallaglio, the mining division of Padenga Holdings, has announced a remarkable 22% increase in gold sales for the third quarter of 2024. The company’s strong performance is largely due to higher mill feed grades and improved...

Pambili Natural Resources Corporation, a Canada-based firm, has shifted its strategic focus to Zimbabwe’s gold mining sector, aiming to become a significant player in the country's gold production.By Ryan ChigocheThe company, traditionally involved in oil and...

Zimbabwe’s gold sector has entered a new era of transparency and accountability, as the country’s sole gold buyer and exporter, Fidelity Gold Refinery (FGR), introduces a groundbreaking mine-to-market system, Mining Zimbabwe reports.By Rudairo MapurangaThis innovative system,...