Search results: gold prices

By Ryan Chigoche The Government of Zimbabwe has hailed artisanal and small-scale miners (ASM) as the country’s new heroes, recognizing their critical role in strengthening the local economy. These miners are expected to help Zimbabwe reach 50...

The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU), together with two affected employees, has filed a High Court application to place Zimbabwe Stock Exchange-listed miner RioZim Limited under corporate rescue, as the company faces mounting...

Zimbabwe’s sovereign wealth vehicle, the Mutapa Investment Fund (MIF), has stepped forward to clarify growing speculation surrounding the US$1.9 billion worth of Treasury Bonds used to acquire a 35% stake in Kuvimba Mining House (KMH), stating...

Zimbabwe’s export earnings fell significantly in February 2025, dropping by 21.4% from US$652 million in January to US$512.6 million. The decline was driven by sharp reductions in revenues from key commodities, including gold, tobacco, diamonds, and...

Pickstone Peerless Mine, operated by Padenga's gold business, Dallaglio Investment, is set to invest US$15 million to increase its gold production by 26%. By Ryan Chigoche This substantial capital expenditure will fund exploration and expansion projects, marking a...

Zimbabwe’s mining sector is set for a significant boost in 2025, with growth expected to reach approximately 7% amid a challenging global economic environment marked by sluggish growth, trade disruptions, and declining commodity prices, Mining Zimbabwe...

As global platinum prices continue to fluctuate, Zimbabwe's mining industry—historically anchored by its three major platinum producers: Zimplats, Mimosa, and Unki—finds itself at a critical crossroads. By Rudairo Mapuranga These mines have been the backbone of Zimbabwe’s $5...

Investor interest in platinum is surging due to a persistent supply deficit, rising demand, and a widening price gap with gold, making it an increasingly attractive asset. By Ryan Chigoche With gold prices soaring recently, this disparity has...

Caledonia Mining has delivered solid results for the third quarter of 2024, reporting revenues of $46.9 million for the quarter and $135.5 million for the first nine months of the year. Gross profit rose to $19.3...

Caledonia Mining has reported solid results for the third quarter of 2024, with revenues reaching $46.9 million for the quarter and a total of $135.5 million for the first nine months of the year. The company’s...

As the global mining industry advances, several key trends and forecasts are shaping its direction, especially around critical minerals, Platinum Group Metals (PGMs), and gold.By Rudairo MapurangaThese shifts are driven by the rise of renewable energy...

RioZim Limited’s financial performance took a significant hit in the first half of 2024, with revenue declining by 20%, from ZWG 352.4 million during the same period in 2023 to ZWG 282.5 million, Mining Zimbabwe can...