Steel Export Surge to South Africa Spotlights Urgent Policy Overhaul as Disco Powers Regional Industrial Shift
Zimbabwe’s steel export earnings jumped 450% in 2025 to US$92.1 million, driven by Dinson Iron and Steel Company (Disco), the only fully integrated steel producer in the SADC region. The surge fills the supply void left by ArcelorMittal South Africa’s US$208 million loss and plant shutdowns, turning Zimbabwe into a regional steel source. Yet the colonial‑era Iron and Steel Act of 1942 still classifies steel as a mineral, forcing all shipments through the state‑run MMCZ and adding month‑long clearance delays. Industry leaders are urging immediate legislative reform to unlock Disco’s growth potential.
Regional Buyers ‘Quite Excited’ by Dinson Steel as Manhize Plant Powers Zimbabwe’s 2030 Ambition
Dinson Iron and Steel Company's $1.5 billion Manhize integrated mill has begun shipping steel products, drawing enthusiastic feedback from regional buyers. The plant has slashed Zimbabwe's steel import bill, saving an estimated $500 million a year, while exports jumped from 413 tonnes in...
Clara Sadomba Trailblazing Zimbabwe’s Mining Industry and Empowering the Next Generation of Women
Clara Sadomba, board chair of Zimbabwe's Mining Industry Pension Fund (MIPF), outlines her top priorities: ensuring financial sustainability through diversified investments, robust risk management, and member education. She emphasizes transparency, regular reporting, and independent oversight to build confidence among miners....
Gold ETFs Record US$6.6bn Inflows as Global Investors Return to Safe Haven
Global physically backed gold ETFs attracted $6.6 bn of net inflows in April, reversing March outflows. The surge lifted total assets under management to $615 bn, the highest on record. Investors turned to gold as geopolitical tensions rose and macro expectations shifted....
Nickel Demand to Grow on EV Shift, but Africa’s Global Production Share Remains Small
Global nickel demand is set to rise as electric‑vehicle and energy‑storage markets expand, with batteries already representing 13 % of consumption in 2023. Production surged 47 % from 2019 to 2023, driven largely by Indonesia’s rapid output growth. Africa, despite holding about...
Zimbabwe’s Oil Dream Takes Flight: Invictus Breaks Ground on Musuma 1 Wellpad
Invictus Energy announced that surveying and wellpad preparation for the Musuma 1 exploration well in Zimbabwe’s Cabora Bassa Basin are complete, and civil‑works tendering has begun. The company plans to drill a low‑cost vertical well targeting 1.2 trillion cubic feet of gas and...
Zimbabwe Monthly Gold Delivery Statistics 2025
Zimbabwe’s Fidelity Gold Refinery reported 46,729 kg of gold deliveries in 2025, worth roughly $2.9 billion at an average $62,000 per kilogram. Small‑scale miners contributed about 74.6 % of the total output, while large‑scale mines supplied the remaining 25.4 %. Monthly shipments were low...
ZMF Scores Major Victory as Cabinet Standardises RDC Mining Levies
The Zimbabwe Cabinet has approved a nationwide standardisation of Rural District Council (RDC) land development levies, ending the wide fee disparities that plagued small‑scale miners. Under the new regime, artisanal operators will pay between $250 and $750 annually, while larger...
Lithium Demand to Surge Sixfold by 2040, but Zimbabwe’s Role Limited by Refining Constraints
The OECD projects global lithium demand will rise almost sixfold by 2040, driven by electric‑vehicle sales and grid‑scale battery storage. Zimbabwe, Africa’s top lithium producer, currently accounts for about 9% of world output but is expected to fall to 6%...
Zimbabwe Overhauls Mining Fees, Scraps Trading Levy to Cut Costs
Zimbabwe’s cabinet approved a sweeping overhaul of mining licences, permits and levies, consolidating approvals under a single authority and freezing 80% of fees at current levels. The reform introduces tiered fees that charge small‑scale miners far less than large firms,...
Gold Dominates Zim’s Exports, Prices Deserve Credit, but a Production Boom Cannot Be Ignored
Zimbabwe’s gold exports surged to US$426.6 million in March 2026, representing 45.8% of total export value and over US$1.38 billion in the first quarter. While record gold prices above US$4,000 per ounce contributed, a structural boom driven by artisanal and small‑scale mining...
Zimplats Gold Production Plunges 57% as Smelter Shutdown Crushes Output
Zimplats Holdings Ltd. reported a 57% plunge in gold output to 3,863 ounces in the March quarter, the steepest decline among its platinum‑group metals (PGM). The drop stems from a prolonged smelter maintenance shutdown that halted matte tapping through March,...
Gold Buying Prices in Zimbabwe per Gram/ Ounce, 4 May 2026
Fidelity Gold Refinery (FGR) published its May 4 2026 gold buying rates for Zimbabwean producers. The fire‑assay cash price tops the table at $138.70 per gram ($4,314 per ounce) for shipments over 100 g, while sample grades (5–10 g) receive $131.40 per gram. Tiered...
Freda Rebecca Hits Record 240 Kg in March
Mutapa Gold Resources' Freda Rebecca mine produced a record 240 kilograms of gold in March, its highest monthly output. The mine contributes about 70% of the company’s total production, while overall 12‑month output fell 9.6% to 3,255 kg due to...
Can the Lithium Export Ban Pose a Danger to Delicate Water Sources in Zimbabwe?
On 25 February 2026 Zimbabwe enacted a ban on the export of raw lithium and any ore already in transit, requiring miners to build lithium‑sulphate processing plants approved by the minister by 1 January 2027. The country’s hard‑rock lithium sector, dominated by Chinese investors,...
South Korean Investors Back Zimbabwe Quartz Project with $2 Million Community Pledge
South Korean investors have formed a consortium with Zimbabwean businessman Shelton Lucas to develop the Silver Lakes Quartz Project near Inyathi Mine. The partnership includes a US$2 million pledge earmarked for community development, and the group has requested expedited processing of...
July Ndlovu to Become Caledonia Chairman as John Kelly Steps Down in Succession Plan
Caledonia Mining Corp announced that independent non‑executive director July Ndlovu will assume the chairmanship following the May 5, 2026 AGM, succeeding John Kelly who will remain on the board. Kelly, who has led the board for three years, guided the company through...
Kavango Resources Produces 23.4kg Gold at Hillside, Targets Scale-Up at Bill’s Luck Mine
Kavango Resources, listed on the Victoria Falls Stock Exchange, produced 23.4 kg of gold in 2025, primarily from artisanal ore with a small contribution from its Bill’s Luck Mine. The company released a preliminary JORC mineral resource estimate for Bill’s Luck...
Premier Raises £1 Million Again as Zulu Lithium Plant Nears Commissioning Amid Heavy Dilution
Premier African Minerals raised a second £1 million (≈$1.27 million) equity round, issuing about 7.35 billion new shares and pushing its total share count above 25 billion. The capital supports the near‑completion of the Zulu Lithium flotation plant, with electrical switchgear installed and piping...
300 Artisanal Miners to Graduate as Mutapa Gold Accelerates ASM Formalisation in Chegutu
Mutapa Gold Resources will graduate the first 300 artisanal miners on 30 April 2026, marking a key milestone in its programme to formalise 1,500 miners nationwide. The capacity‑building effort, run with Magaya Mining, equips participants with safety, environmental, legal and financial skills,...
Who Is Patrick Maseva Shayawabaya? Inside the Career of Mutapa Gold’s New Leader
Patrick Maseva Shayawabaya, a veteran Zimbabwean mining executive, has been named CEO of Mutapa Gold Resources. He previously served as Managing Director of Freda Rebecca, the country’s largest gold producer, where he reinforced strict safety, production and cost‑control standards. Known...
Zimbabwe Tightens Raw Mineral Export Ban to Drive Industrial Growth and Innovation
Deputy Minister Sheila Chikomo reaffirmed Zimbabwe's ban on unbeneficiated raw mineral exports, citing Statutory Instrument 5 of 2020 as a tool to boost domestic value addition. The policy aligns with National Development Strategy 2 (2026‑2030) and the African Continental Free Trade Area,...
Zimbabwe SMEs Set to Power Green Revolution as Lithium Drives EV Boom
Zimbabwe, home to the continent’s largest lithium deposits, is positioning its micro, small and medium enterprises (MSMEs) as key players in the global electric‑vehicle supply chain. Minister Monica Mutsvangwa announced at the Zimbabwe International Trade Fair that the country’s 126 million‑tonne...
RioZim EGM Faces Court Block as Shareholder Pushes Corporate Rescue
RioZim Ltd’s extraordinary general meeting (EGM) scheduled for Wednesday faces a High Court injunction after a shareholder petitioned to place the miner under corporate rescue. The court application argues that filing for rescue triggers a legal moratorium that bars major...
Zimbabwe Just Changed the Lithium Game in Africa with First-Ever Sulphate Shipment
Arcadia Technology Zimbabwe has shipped the continent’s first lithium sulphate, marking a shift from raw concentrate exports to higher‑value battery material production. The $400 million plant, owned by Zhejiang Huayou Cobalt’s Prospect Lithium Zimbabwe, can produce about 80,000 metric tonnes annually...
Mimosa Output Falls as Power Cuts and Lateral Expansion Pressure Platinum Production
Mimosa Mining, a joint venture of Impala Platinum and Sibanye‑Stillwater, reported a 1% drop in quarterly milled volume to 688,000 tonnes, driven by intermittent power outages and increasingly complex lateral ore zones. The 6E head grade slipped 2% to 3.55 g/t, and...
Zimbabwe Moves to Cut Fertiliser Costs by 40% with $1 Billion Coal Projects
Zimbabwe’s finance minister announced fast‑tracking three coal‑to‑fertiliser projects valued at over $1 billion to counter a 30‑40% surge in fertilizer prices. The $500 million Norton plant, led by Chinese partners, will produce more than 300,000 tonnes of urea annually. Palm River’s $200 million integrated...
Stanbic Bank’s Tania on Mining Finance, Bankability and Africa’s Rare Earth Future
Stanbic Bank’s Vice‑President for Mining & Metals, Tania, explains how African mining projects are evaluated for bankability, emphasizing the distinction between reserves and resources and the need for robust cash‑flow modelling. She highlights the shift required from raw‑material export to...
NUST Student Targets Mining’s Grid Pains With Oil-Free Smart Transformer
National University of Science and Technology student Weston Mabota unveiled an oil‑free smart hybrid transformer designed for Zimbabwean mines. The prototype replaces mineral‑oil insulation with forced‑air cooling and a power‑electronic shunt, enabling bidirectional power flow from on‑site solar and electric...
VP Chiwenga Turns to Miners in Renewed Push to Revive NRZ Rail Network
Vice‑President Constantino Chiwenga has placed the mining sector at the heart of Zimbabwe's effort to revive the National Railways of Zimbabwe (NRZ). He urged bulk commodity producers, especially coal miners, to partner with the government in rehabilitating key freight corridors...
Unki Output Falls on Lower Grades as Valterra Delivers Strong Q1 Production and Sales Growth
Unki’s PGM output fell 4% year‑on‑year to 51,700 ounces as the mine processed lower‑grade ore. However, Valterra’s total PGM production rose 7% to 743,500 ounces, driven by a 5% increase in own‑mined output and a 10% jump in purchased concentrate....
State Lease Looted: Botha Mine Faces US$40M Claim
A sworn affidavit from Zimbabwe's Ministry of Mines confirms that Mining Lease 21, a 1,586‑hectare state‑owned asset, remains fully valid, while Botha Mine’s four certificates cover only 31 hectares. Botha Mine has been operating on roughly 160 hectares of the state lease, allegedly...
Premier Targets Lithium Export Restart as Soft Lifting of Export Ban
Premier African Minerals Limited is preparing to restart lithium concentrate exports after Zimbabwe shifted from a blanket ban to a controlled, quota‑based regime. The government suspended shipments in February 2026 to force in‑country beneficiation, but recent regulator clarification now permits...
‘We Are Paying 40% of Our Sales to Government’, Lithium Producers Open Up on Crushing Tax Burden
Lithium producers in Zimbabwe say the combined export tax, royalty, VAT and other levies eat up about 40% of their sales, leaving little margin for the capital spending the government demands. The heavy fiscal load coincides with an export ban...
Invictus Raises $10 Million for Muzarabani Well as Zimbabwe Oil Search Intensifies
Invictus Energy secured A$10 million (≈US$6.6 million) through a share placement to fund the Musuma‑1 exploration well in Zimbabwe’s Muzarabani area. The vertical well will target the Dande Formation, which recent seismic data suggest contains an intact hydrocarbon trap and could hold...
Kavango Resources Plc Says Its Long-Delayed Acquisition of the Nara Gold Project in Zimbabwe Is Now Nearing Completion
Kavango Resources plc announced that its long‑delayed acquisition of the Nara Gold Project in Zimbabwe is now in its final stages. The company signed a Deed of Variation to clarify the remaining steps under the June 2023 call‑option agreement and has...
Blanket Production Decreases 20.9% as Q1 2026 Output Falls to 14,767 Oz
Caledonia Mining reported Q1 2026 production at its Blanket Mine fell 20.9% to 14,767 ounces, down from 18,671 ounces a year earlier. The dip reflects mining sequence, equipment constraints and challenging ground, but the company kept its full‑year guidance of 72,000‑76,500 ounces, expecting a...
Beneficiation Needs Supply: Why Zimbabwe’s Mining Industrialisation Agenda Stands on a Broken Supply Chain
Zimbabwe’s new beneficiation policy bans raw mineral exports and pushes processing plants to stay domestic, but the supply chain needed to keep those plants running is collapsing. Local equipment costs are three to four times higher than Chinese imports, and...
Tharisa Nears Funding for Karo Platinum Project as Zimbabwe Fiscal Talks Advance
Tharisa plc is closing in on fiscal stability agreements with the Zimbabwean government, a prerequisite for securing the financing needed to advance its Karo Platinum project. The company plans to invest roughly $391 million to complete Phase 1, having already committed over...
Mutapa Delivers US$21.7m Operating Surplus
Mutapa Investment Fund reported a post‑tax operating surplus of $21.7 million for 2025, a sharp rise from $3.6 million the year before. Recurring income climbed to $60.3 million, bolstered by $23.3 million in dividends and $26.6 million in management fees. The fund’s asset base expanded...
Zimbabwe’s 26% Free-Carry Mining Policy: Value Creation or Investor Risk?
Zimbabwe’s government plans to secure a 26% free‑carry stake in new mining projects, a policy slated for rollout in 2026 after initial talks in late 2024. The stake grants the state equity without contributing capital, meaning it will receive dividends...
Copper, Cobalt and Kilowatts: The Energy Equation Shaping the Copperbelt
Energy costs are reshaping mining competitiveness in Zambia and the DRC as diesel‑generated power, once a reliable backup, now costs $0.15‑$0.50 per kWh due to volatile oil prices and logistics. Solar‑battery hybrid systems can supply electricity for $0.06‑$0.20 per kWh,...
Zimbabwe Nears Landmark Oil and Gas Deal as Invictus PPSA Set for April Signing
Zimbabwe is set to sign a Petroleum Production Sharing Agreement with Invictus Energy in April, establishing the fiscal and legal framework for upstream oil and gas activities. The deal will underpin development of the Cabora Bassa Basin, where Invictus has...
Gold Buying Prices in Zimbabwe per Gram/ Ounce, 17 April 2026
Fidelity Gold Refinery (FGR), Zimbabwe's official gold buyer, released its April 17, 2026 buying rates for gold by purity and weight. The schedule lists prices from $136.56 to $144.15 per gram, equivalent to $4,246‑$4,483 per ounce, with the highest cash price reserved...
CSOs Back Zimbabwe’s Lithium Export Crackdown, Warn “Execution Will Decide Everything”
Zimbabwe has tightened its raw lithium export ban, introducing a framework that forces mining firms to build local beneficiation facilities and lithium‑sulphate plants by January 2027. The rules require accredited labs, producer‑by‑producer export quotas, and audited financial statements starting December 2025. Civil‑society...
VP Chiwenga Sets Out Chromium Value-Chain Development Plan, Seeks Investors for Industrial Expansion
Zimbabwe’s Vice President Constantino Chiwenga used Africa Chromium Week 2026 to unveil a roadmap that expands the country’s chrome sector beyond ferrochrome exports into chemicals, super‑alloys and plating solutions. The nation now runs 17 ferrochrome smelters and shipped 433,000 metric tonnes in 2025, a...
Eureka Gold Mine Beats 2025 Target, Continues Production Growth Streak
Eureka Gold Mine, owned by Dallaglio Investments, produced 1,969.5 kg of gold in FY2025, beating its target by 1.46%. The mine continued its budget‑beating streak in January 2026, delivering 183.8 kg, 5.39% above forecast. A $4 million tailings storage facility upgrade—part of a...
Gold Deliveries Rise 8.2% in First Quarter as March Slump Exposes Policy Fallout
Zimbabwe’s gold deliveries rose 8.2% year‑on‑year in Q1 2026, reaching 9,311.92 kg, but March volumes dropped 16.4% to 2,854 kg. The sharp March decline stemmed from the short‑lived 10% ZiG retention policy and payment disruptions linked to the Middle East conflict. Small‑scale...
MINEX 2026 Marks Turning Point in Funding Access for Small-Scale Miners – YMF
The MINEX 2026 conference in Zimbabwe placed financing for artisanal and small‑scale miners at the forefront, with the Young Miners Foundation calling the event a breakthrough for unlocking capital. For the first time, a sizable cohort of commercial banks and financiers...
Zimbabwe Bans Short-Term Mining Contracts, Forces 12-Month Minimum
Zimbabwe’s Labour Act amendment, Statutory Instrument 71 of 2026, bans mining contracts shorter than twelve months, except for genuine casual, seasonal or project work. The rule limits fixed‑term renewals to two cycles, after which workers are automatically classified as permanent....