Search results: gold prices

Despite beating a 19-year record in gold deliveries, reports have it that, over 30 tonnes of the gold was smuggled out of the country last year due to unfavourable pricing following the spreading disparity between the...

Last week the Minister of Mines and Mining Development unveiled a strategic roadmap for the mining sector, hinged on creating US$12 billion revenues by 2023.Of course, thinking long-term is a welcome departure from the short-term focus...

The imminent review of the law to allow foreign investors to wholly own investments in diamond will help boost foreign direct investment in the mining sector and across value chains, the Chamber of Mines of Zimbabwe...

Palladium hit a record high on Tuesday, surging above $1,550 as a threatened strike by South African mineworkers added to supply risk concerns in an already tight market, while gold prices edged up on a subdued...

Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD), the world’s second-largest bullion producer, is going hostile in its bid to acquire U.S. rival Newmont Mining (NYSE:NEM) and create a mega-gold corporation with a $17.8 billion all-share offer.The move, announced before markets...

Zimbabwe is poised to become a mining giant in the Southern African region on the back of its vast mineral deposits and huge investments that favour the sector’s growth.United Kingdom based research firm, Fitch Solutions, sees...

Gold miner Newmont Mining Corp beat analysts' estimates for quarterly profit on Thursday, boosted by higher gold production in its Colorado and Ghana mines and lower costs.The company is set to overtake Barrick Gold Corp as...

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...

Vice President Dr. Constantino Chiwenga has declared that Sandawana Mine is set to become Zimbabwe's premier industrial hub, anchored by Mutapa Energy Resources' aggressive lithium beneficiation programme that will see the historic emerald mining area transformed...

Prospect Resources Limited, the ASX-listed battery minerals explorer, has reported a 63% increase in the Mumbezhi project’s mineral resource in Zambia, bringing total ore tonnage to 174 million tonnes. Contained copper also rose by 50%, reaching...

For decades, Zimbabwe has played the role of price-taker in global mineral markets. Its lithium, gold, platinum, and chrome are priced in London, Shanghai, or New York, determined by trading floors thousands of kilometres away, reflecting...

The Zimbabwe Consolidated Diamond Company (ZCDC) is advancing its Area 3 Diamonds Processing Plant Expansion in Chiadzwa, with the diamond recovery section slated for completion by 30 August 2026, Mining Zimbabwe can report. By Rudairo Mapuranga This critical...