Search results: price of gold

While gold deliveries to Fidelity Gold Refinery (FGR), the country’s sole operating gold buyer and exporter, increased by 7% from January to August 2024 compared to the same period last year, the government believes that deliveries...

The country's total foreign currency earnings increased by approximately 9.5% during the first half of 2024 compared to the same period last year, largely driven by growth in export receipts from gold, said the Minister of...

Zimbabwe's gold exports in the first six months of 2024 surged by 14.6% to US$970.4 million, up from US$846.6 million in the comparable period of the previous year, as bullion defied the trend of weakening prices...

Zimbabwe Stock Exchange-listed miner RioZim produced 940 kg of gold in 2023, marking a 1% increase despite facing significant operational challenges throughout the financial year.By Ryan ChigocheThe company experienced a boost in revenue due to favourable...

The government of Zimbabwe has revised its mining growth projections for 2024, reducing the expected growth from the initial 7.6 percent projected at the beginning of the year to 5.2 percent as of June. This adjustment...

The Minerals Marketing Corporation of Zimbabwe (MMCZ), the nation's sole minerals marketing agent excluding gold and silver, sold a total of 1.9 million metric tonnes (mt) of minerals valued at USD 1.5 billion in the first...

Miners have welcomed the zero-rating of gold supply to Fidelity Gold Refinery (FGR), noting that it alleviates operational burdens. However, they called for clearer legislation as the new statutory instrument (SI) 105 of 2024 does not...

Finance Minister Prof. Mthuli Ncube has announced new regulations that make the sale of gold to Fidelity Gold Refinery (FGR) exempt from value-added tax (VAT). These changes are outlined in Statutory Instrument 105 of 2024, under...

The country's biggest operational asset holder, Kuvimba Mining House (KMH), is making waves with its impressive gold production, averaging 300 kilograms of gold per month from its three gold mines.By Rudairo MapurangaKMH is also setting its...

Zimbabwe's gold sector has witnessed a significant upswing in revenue, with earnings from gold sales climbing by 10.17% in the first four months of 2024 compared to the same period last year. By Rudairo Mapuranga This growth, albeit impressive, could...

London Stock Exchange-listed mining and exploration junior, Kavango Resources, is spearheading advancements at its Hillside gold project in Matabeleland, marking significant strides toward establishing Western Australia-style open pit gold mines in Zimbabwe.by Rudairo MapurangaThe transition to...

Toronto Stock Exchange-listed mining and exploration junior Pambili Natural Resources Corporation has set the stage for a significant leap in its development trajectory with the announcement of a non-brokered private placement of up to 2 million...