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Search results: price of gold
RioZim gold production increases by 6 percent
Gold production at RioZim Limited group increased by 6 per cent during the first half of 2023 compared to the same period last year due to the government's positive interventions and more particularly the upward review...
Fidelity Gold Refinery (FGR) opens a branch in Shamva
Shamva gold Miners can now benefit from a more convenient and hassle-free process of selling their gold, as the country's sole buyer Fidelity Gold Refinery (FGR) opened a buying office at the Shamva Country Club. With...
London company secures a 2-year option on Gold project in Matabeleland
Kavango Resources, a London-based metals exploration company with a focus on Southern Africa, has announced its acquisition of an exclusive two-year option for a gold exploration project in Matabeleland, Zimbabwe.The Nara project is comprised of 45 contiguous...
RBZ Gold-backed Digital Tokens – Pricing, application, redemption and more…
The RBZ Gold-backed Digital Tokens are being issued to expand the value-preserving instruments available in the economy, enhance the divisibility of the investment instruments and widen their access and usage by the public.The digital tokens will...
Gold Economy: 10 Advantages of Using Gold Coins in Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) in 2022 introduced Mosi-Oa-Tunya gold coins to alleviate the demand for the US dollar, stabilize the exchange rate of the Zimbabwean dollar, and control the rising inflation.The substantial increase in...
Central banks buying gold at an unprecedented rate
Central banks are buying gold at the fastest pace on record in 2023, with a net of 125 tonnes purchased collectively in the first two months of the year, according to a report by the World...
Gold Dealing License not the same as a Gold buying agent permit – FGR
The Gold Dealing License is not the same as the Gold buying agent permit Fidelity Gold Refinery (FGR) General Manager Mr Peter Magaramombe has said.Responding to Mining Zimbabwe's question Magaramombe said the mentioned Gold Dealing License...
Fidelity strategies to attract more gold
Fidelity Gold Refinery (FGR) has come up with strategies to ensure that gold deliveries increase significantly in 2023 compared to 2022.Rudairo MapurangaFGR General Manager Mr Peter Magaramombe has projected gold deliveries to reach 40 tonnes in...
Gold deliveries projected to hit 40 tonnes in 2023
The country’s sole buyer and exporter, Fidelity Gold Refinery (FGR), has projected gold deliveries to reach 40 tonnes in 2023 mainly due to new gold mining projects coming into production.FGR General Manager Mr Peter Magaramombe told...
Gold demand highest in 2022
The World Gold Council (WCG) has described the year 2022 as a year with the highest gold demand in over a decade on the back of colossal purchases made by central banks, retail investor buying and...
Gold: US$2,000 per ounce is now in sight
At the beginning of this week, the gold price was holding firm at just over US$1,920 per ounce. Already, one day in, it’s moved to above US$1,935 and may be set to go higher yet.And, at...
Caledonia Mining 2022 gold production up
Caledonia Mining Corp PLC on Friday said it reached record gold production in 2022, exceeding the top end of its guidance, while it expects 2023 production to perform similarly.The Jersey-based gold producer whose primary asset is the...



