Search results: gold prices

RioZim Limited, one of Zimbabwe’s prominent gold producers, is facing severe financial challenges, but a possible change in ownership and a significant capital injection offer a glimmer of hope for the troubled company. The new investor,...

The Parliamentary Portfolio Committee on Mines and Mining Development launched an extensive outreach programme from March 13 to 17, 2025, aimed at engaging with small—and large-scale mining operations across Zimbabwe. By Ryan Chigoche The initiative is set to...

Zimbabwe’s second-largest platinum group metal (PGM) producer, Mimosa Mining Company, has once again demonstrated its operational strength with a 3.1% increase in tonnes milled and a 3% rise in 6E concentrate production, despite a slight 0.6%...

As Zimbabwe’s mining sector adjusts to the latest foreign currency retention policy changes, many miners are left questioning how they will manage to stay afloat under the new rules, Mining Zimbabwe can report.By Rudairo MapurangaThe Reserve...

The country’s second-biggest Platinum Group Metal (PGM) producer, Mimosa Mining Company, jointly owned by Sibanye Stillwater and Impala Platinum Holdings (Implats), continues to demonstrate its competitive strength in the PGMs sector, as highlighted in a recent...

In efforts to combat illicit financial flows in the continent's extractive sector, African countries are being advised to adopt global best standards, Mining Zimbabwe can report. By Ryan Chigoche This development comes as African countries face an even...

The mining sector in Zimbabwe is pivotal to the nation’s economic growth, contributing 70 percentage to the GDP and providing employment for thousands. However, despite this wealth, the country continues to lag behind when it comes...

In an effort to curb the widespread issue of illicit financial flows plaguing Africa's extractive sector, African nations have been urged to adopt global best practices and standards, a move seen as essential for addressing the...

The Zimbabwe mining sector is set to experience a remarkable 140% surge in capital investments in 2025, with projected spending expected to reach US$495.94 million, up from US$206 million in 2024. This sharp increase is largely...

The mining industry, once envisioned as a key driver for achieving a US$12 billion industry by 2023, is now grappling with critical challenges that have left the country far short of its target. Despite efforts to...

Although there was a 21% increase in mineral sales during the first 11 months of 2024 compared to the previous year, there was a 13% decline in value from $3 billion to $2.6 billion due to...

The mining sector remains the backbone of Zimbabwe's economy, contributing significantly to GDP and export revenues.By Rudairo MapurangaIn 2024, the Zimbabwe mining sector solidified its position as the most crucial industry, accounting for approximately 12% of...