Search results: price of gold

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...

Global mining companies have slashed spending on grassroots exploration to a historic low. The share of global budgets allocated to early-stage exploration, primarily for nonferrous metals, dropped by 8% in 2024, bringing the total to just...

Hurungwe District, located in the Mashonaland West Province of Zimbabwe, is endowed with a diverse array of minerals, making it an attractive destination for mining investment. From gemstones to industrial minerals and precious metals, Hurungwe holds...

Mberengwa District, located in Zimbabwe’s Midlands Province, is a treasure trove of mineral resources, offering exceptional opportunities for investment in the mining sector. The district boasts a wide variety of minerals critical to domestic industries and...

Over the past three decades, the copper mining industry has witnessed a troubling trend: the number of major copper discoveries has sharply declined, despite a significant rise in exploration budgets, Mining Zimbabwe reports.By Rudairo MapurangaThis paradox,...

Insiza District in Matabeleland South province of Zimbabwe is rich in diverse mineral resources, offering significant opportunities for investment and development in the mining sector. The rural district is strategically positioned with extensive deposits of key...