Search results: price of gold

Zimbabwe’s export earnings fell significantly in February 2025, dropping by 21.4% from US$652 million in January to US$512.6 million. The decline was driven by sharp reductions in revenues from key commodities, including gold, tobacco, diamonds, and...

Pickstone Peerless Mine, operated by Padenga's gold business, Dallaglio Investment, is set to invest US$15 million to increase its gold production by 26%. By Ryan Chigoche This substantial capital expenditure will fund exploration and expansion projects, marking a...

Zimbabwe’s ferrochrome production is set for a major boost as two key players, Zimasco Mining Company and Afrochine Smelting Company, ramp up investments in mine expansion and smelting capacity. These strategic initiatives are expected to ensure...

Zimbabwe’s mining sector is set for a significant boost in 2025, with growth expected to reach approximately 7% amid a challenging global economic environment marked by sluggish growth, trade disruptions, and declining commodity prices, Mining Zimbabwe...

As global platinum prices continue to fluctuate, Zimbabwe's mining industry—historically anchored by its three major platinum producers: Zimplats, Mimosa, and Unki—finds itself at a critical crossroads. By Rudairo Mapuranga These mines have been the backbone of Zimbabwe’s $5...

Investor interest in platinum is surging due to a persistent supply deficit, rising demand, and a widening price gap with gold, making it an increasingly attractive asset. By Ryan Chigoche With gold prices soaring recently, this disparity has...

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 Zimbabwe’s mining sector, there is a crucial opportunity for companies to reduce their reliance on imported goods by strengthening the local supply chain. While Zimbabwe excels in extracting valuable resources such as gold, platinum, chrome,...