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Gold prices decline

Gold prices inched lower yesterday as the dollar held firm below a 19-month peak on safe-haven demand amid concerns of a global economic slowdown, and as investors awaited cues on US interest rate hikes from a...

Gold prices flat as palladium rises

Gold was little changed on Thursday as the dollar steadied and equities climbed on signs of easing trade tensions between the United States and China, while palladium rose to a record high, trading at a premium...

How Zimbabwe’s Muriel Mine Turned “Waste” into a 20,000oz Gold Success Story

In an era where resource depletion threatens traditional mining, Pan African’s Muriel Mine has emerged as a masterclass in operational revival. By combining high-tech hydrosluicing, tailings retreatment, and aggressive exploration, the mine has transitioned from a...

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...

Gold Falls to Monthly Low as Inflation Pressures and Policy Uncertainty Rattle Investors

“Gold price today remains a key indicator for Zimbabwe and South Africa’s mining sector, where exports and revenues are directly tied to global bullion movements.” Gold prices retreated to their lowest level in a month, falling below...

Kavango Resources Raises US$8.4 Million to Accelerate Zimbabwe Gold Expansion

Kavango Resources plc has raised approximately US$8.4 million through parallel subscriptions in the United Kingdom and Zimbabwe, funds that will accelerate the expansion of its gold production footprint in Zimbabwe, Mining Zimbabwe can report. By Rudairo Mapuranga The...

Gold Deliveries Rebound in February 2026: ASM Surges 54 Percent

Gold deliveries to Fidelity Gold Refinery (FGR) staged a strong recovery in February 2026, rising 12.1% month-on-month to 3,412.9502 kg from 3,044.9708 kg in January 2026, while posting an impressive 31.5% year-on-year increase compared to 2,596.1084...

RBZ Gold Stockpile Grows 250% as Mineral Royalties and Export Proceeds Boost National Buffers

The Reserve Bank of Zimbabwe increased its gold reserves by about 250 per cent between April 2024 and December 2025, as the central bank stepped up efforts to strengthen national reserve buffers through in-kind mineral royalties...

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...

Kavango’s Nara Gold Project Deal Falls Through, Company Pursues Legal Action Against Seller

Kavango Resources has launched legal action after the planned acquisition of the Nara Gold Project in Zimbabwe collapsed when the seller failed to complete the transfer of the asset within the agreed timeframe, Mining Zimbabwe reports. By...

Middle East War Pushes Gold to One-Month High, Eyes Turn to Record Forecasts

Gold climbed to a one-month high on Monday as escalating conflict between the United States and Iran triggered a fresh wave of safe-haven buying, reinforcing bullish forecasts from major banks that see the metal heading toward...

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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