Platinum Under Pressure as Middle East Tensions Trigger ETF Outflows and Market Volatility
Platinum’s safe‑haven appeal is waning as Middle East geopolitical tensions and rising U.S. interest‑rate expectations trigger sizable outflows from platinum‑backed ETFs. The World Platinum Investment Council reports March ETF withdrawals of 224,000 ounces, while the region accounts for roughly 200,000 ounces (2.5% of global demand). Potential Strait of Hormuz restrictions could shave another 50,000 ounces from annual demand, and higher rates plus a stronger dollar have pushed precious‑metal prices down nearly 20% this month. Despite these shocks, tight supply and diversified industrial use keep the medium‑term case for platinum intact.
Dorowa Minerals Nears Completion, Set to Restart Next Month
Zimbabwe’s sole phosphate producer, Dorowa Minerals, is slated to resume operations in May after refurbishment reached 95% completion. The mine is expected to output 100,000 tonnes of phosphate concentrate per year, enough to support roughly 300,000 tonnes of basal fertilizer,...
Why Zimbabwe Earns $400 Less Per Tonne of Lithium Than Australia — and the Bold Plan to Fix It
Zimbabwe’s lithium sector is losing $300‑$400 per tonne to Australian rivals because of under‑declared grades, undervalued shipments and transfer‑pricing that divert profits abroad. In February 2026 the Mines Minister imposed an outright ban on raw lithium concentrate exports, demanding verification...
Government Suspends Mining Operations at Bindura’s Botha Mine
The Zimbabwe Ministry of Mines has ordered an immediate suspension of all operations at Botha Mine and the adjacent area of Freda Rebecca Gold Mine’s Lease 21 in Bindura. The shutdown, issued under Sections 267, 300 and 301 of the 1990 Mining (Management and...
Gold ETF Outflows Hit Record in March as Asian Buying Offsets Western Selling
Gold-backed exchange‑traded funds recorded a historic $11.8 bn outflow in March, equivalent to roughly 85 tonnes of physical gold, as North American investors fled the market. The sell‑off ended nine months of net inflows, with SPDR Gold Shares shedding $8.4 bn and...
US–Iran Conflict Exposes Zimbabwe’s Export Vulnerability
Zimbabwe’s export profile is heavily skewed toward the United Arab Emirates, with 51.6% of merchandise exports—valued at $969.4 million in February—passing through Dubai. The ongoing US‑Iran war has disrupted Gulf shipping lanes and airspace, raising freight costs and threatening gold shipments...
Coal Exports Fetch US$16.5 Million in February as Zimbabwe Eyes Upstream Value Addition
Zimbabwe’s coal exports generated US$16.5 million in February 2026, representing just 1.7 percent of the country’s US$969.4 million total merchandise exports. While gold, tobacco and platinum‑group metals dominate the export basket, coal is primarily consumed domestically for power generation at the Hwange Thermal...
Gold Exports Fetch US$278.5 Million in February as Deliveries Surge
Zimbabwe’s gold export earnings jumped to US$278.5 million in February 2026, a 138% increase over the same month a year earlier. The surge was driven by a sharp rise in deliveries from the artisanal and small‑scale mining (ASM) sector, which supplied...
Zimbabwe Lost US$400 Million in Unreported Caesium, Tantalum From Lithium Exports, NUST Lecturer Reveals
A National University of Science and Technology lecturer calculated that Zimbabwe lost roughly US$400 million in unreported caesium and tantalum embedded in 1.52 million tonnes of lithium concentrate exported before the raw‑mineral export ban took effect. The analysis estimates about 8,500 tonnes of...
MIPF Chief to Showcase Zimbabwe’s Miners Welfare Model at Ghana Conference
The Mining Industry Pension Fund (MIPF) chief executive, Anymore Taruvinga, will speak at Ghana’s Mining Health, Safety and Environmental (MHSS) Series 2026 to showcase Zimbabwe’s miners‑welfare model. Zimbabwe’s fund provides a dedicated post‑employment safety net for miners, a feature absent from...
How Mine Targets 36% Throughput Surge as Expansion Stays on Track
How Mine, the flagship asset of Nasdaq‑listed Namib Minerals, is on track to boost its milling capacity by 36%, raising throughput from 40,500 to 55,000 tonnes per month by late 2026. The 2025 fiscal year saw production dip to roughly...
Muriel Mine’s Dump Retreatment Drives Output 425% as Exploration Extends Life of Mine
Pan African’s Muriel Mine has boosted gold output from 3,600 ounces in 2023 to 15,000 ounces in 2024 and projects 20,000 ounces in 2025, driven entirely by a hydrosluicing dump‑retreatment operation. Cash costs have remained near US$1,000 per ounce despite...
Caledonia Mining Strengthens Blanket Mine Outlook with Deep Drilling Success
Caledonia Mining Corp announced that its deep‑level drilling program at Zimbabwe’s Blanket Mine has confirmed the continuity of the main ore bodies and identified the new BLK7 high‑grade zone. The 10,312 metres of drilling, completed through December 2025, showed grades and...
Gold Buying Prices in Zimbabwe per Gram/ Ounce, 7 April 2026
Fidelity Gold Refinery (FGR) released its official gold buying prices for Zimbabwe on 7 April 2026, covering a range of purity grades from 75 % to 90 %+ and a fire‑assay cash rate for larger lots. Prices span $132.21 to $139.56 per gram, equivalent...
Zimbabwe Diamonds Take Dubai by Storm as 500,000 Carats Draw Global Buyers
Zimbabwe’s diamond sector reclaimed global attention after a 500,000‑carat showcase in Dubai sparked strong international demand. The state‑run ZCDC appointed Dubai‑based Trans Atlantic Gem Sales as its second tender house, joining Taurum Group while reserving 10% of output for local...
Shepherd Manamike Elected the Mine Rescue Association of Zimbabwe (MRAZ) President
Shepherd Manamike has been elected President of the Mine Rescue Association of Zimbabwe (MRAZ) for the 2026‑2028 term, succeeding Professor Alfred Chinyere. He will head a newly appointed working committee that includes coordinators from Mimosa, Zimplats, HCCL and other leading mines....
Fidelity Gold Refinery Opens a Gold Buying Branch in Mazowe
Fidelity Gold Refinery (FGR) has opened a gold‑buying office inside the Mazowe Post Office, bringing instant cash payments directly to artisanal miners. The new branch eliminates the need for miners to travel to Harare, cutting transport costs, security risks, and...
Gold Buying Prices in Zimbabwe per Gram/ Ounce, 31 March 2026
Fidelity Gold Refinery (FGR) released its official gold buying rates for March 31 2026, covering a range of purity grades and sample sizes. The top tier (SG 90% and above) commands $134.84 per gram ($4,194 per ounce), while the fire‑assay cash price peaks at...
Zimbabwe Lithium Sector Adopts PGM Model as Beneficiation Deadline Nears
Zimbabwe’s lithium industry is shifting to a cooperative beneficiation model modeled on its platinum‑group metals sector, with larger miners offering toll‑processing capacity to smaller producers. Three lithium‑sulphate plants—Prospect Lithium’s $400 million Arcadia facility and Sinomine’s $500 million plant—are slated for commissioning between...
RioZim to Sell Murowa Diamonds Stake and Key Assets to Settle US$76.5 Million Debt
RioZim announced it will sell its 22.2% stake in Murowa Diamonds along with four diamond claims and several gold and land assets to address a $76.5 million debt burden. The primary target is a $60.8 million liability owed to major shareholder RZM Murowa....
Technology and ESG Redefine the Mine Surveyor’s Role in Modern Day Operations
The mine surveying profession is evolving from pure spatial measurement to a pivotal ESG-driven function, a shift highlighted at the Association of Mine Surveyors of Zimbabwe’s Q1 technical visit to Dallaglio’s Pickstone. Growing investor pressure makes ESG compliance a prerequisite...
Pickstone Peerless Embarks on Fully Digital Journey, Surveying at the Core
Pickstone Peerless Mine, owned by Padenga Holdings, is launching a full‑scale digital transformation in Zimbabwe’s narrow‑reef underground sector. The mine, which resumed underground production in September 2023 after a massive dewatering and map‑rebuilding effort, is prioritising surveying as the backbone of...
Premier Advances Zulu Lithium Flotation Plant: Q2 2026 Commissioning on Track
Premier African Minerals announced that its Xinhai flotation plant at the Zulu Lithium and Tantalum Project is fully installed and moving toward commissioning in the second quarter of 2026. The plant’s flotation cells have been aligned, levelled, and connected under...
Kavango Extends Nara Gold Project Acquisition Deadline as Parties Finalize Legal Formalities
London-listed Kavango Resources has pushed the closing date for its 100% acquisition of the Nara Gold Project to March 2026, marking a second delay as legal paperwork is finalized. The Nara asset comprises 45 contiguous gold claims in Matabeleland South,...
Gold Buying Prices in Zimbabwe per Gram/ Ounce, 25 March 2026
Fidelity Gold Refinery (FGR) published its Zimbabwean gold buying rates on 25 March 2026, listing prices per gram and per ounce for several purity grades. The top tier (SG 90% and above) commands $134.03 per gram ($4,168.80 per ounce), while the fire‑assay cash price...
Beyond the Slump: Why the 2026 EV Slowdown Could Favour Zimbabwe’s Lithium Strategy
Global passenger EV sales slipped 6% year‑on‑year in January 2026, with battery deployments plunging 42% month‑on‑month. Despite the volume decline, average battery capacity rose 8%, pushing lithium intensity up to 21.4 kg per pack. Zimbabwe’s new ban on raw lithium concentrate...
How Caledonia Mining Slashed Diesel Reliance to 2% Amid Global Fuel Volatility
Caledonia Mining Corporation has cut diesel use for power generation to just 2% of its electricity mix in 2025, down from 8% in 2020. Solar installations now provide roughly 20% of the Blanket Mine’s power, while the remainder comes from...
How Zimbabwe’s Muriel Mine Turned “Waste” Into a 20,000oz Gold Success Story
Pan African’s Muriel Mine in Zimbabwe has turned former waste dumps into a gold‑producing operation using high‑pressure hydrosluicing, tailings retreatment and aggressive exploration. The mine processed 1.166 million tonnes of tailings in 2025, delivering 20,000 ounces of gold and extending its life...
Gold Buying Prices in Zimbabwe per Gram/ Ounce, 20 March 2026
Fidelity Gold Refinery (FGR) released its official gold buying rates for Zimbabwe on March 20 2026. The list prices range from $134.20 per gram for small samples (5‑9 g) up to $141.66 per gram for fire‑assay cash transactions on gold above 100 g. SG‑90 %+...
Namib Minerals Appoints Tulani Sikwila as CEO
Namib Minerals announced the promotion of long‑time CFO Tulani Sikwila to chief executive, succeeding Ibrahima Tall amid a $300‑$400 million push to revive its Zimbabwe gold portfolio. The new CEO inherits dewatering at Redwing, a 36 % capacity expansion at How Mine,...
Zim Government Urged to Support Women Miners in Makaha
Over 30 women’s mining syndicates in Makaha have been allocated blocks but remain non‑productive, prompting Senator Appolinia Munzverengwi to demand technical assistance from the Ministry of Mines. The government has announced a plan to establish mining offices in every district...
Zimbabwe’s New Energy Laws Set to Transform Mining Power Supply
Zimbabwe’s cabinet approved a comprehensive energy governance framework that formalises captive power generation for mines through the Own‑Consumption Licensing Regulations 2026. The rules give legal certainty, set quality standards for solar installations, and require large consumers to monitor and report...
Gold Falls to Monthly Low as Inflation Pressures and Policy Uncertainty Rattle Investors
Gold fell below the $5,000‑per‑ounce threshold, reaching $4,836, its lowest level since mid‑February, as inflation worries dampened expectations of U.S. rate cuts. Spot gold slipped 3 % while silver also dropped about 3 %, reflecting broader risk aversion. Rising energy costs tied...
Early Ventilation Planning Key to Cost Avoidance Mining – Dr Chikande
The Mine Ventilation Society of Zimbabwe warns that treating ventilation as an afterthought is costing miners millions in retrofits, production downtime, and safety incidents. Early Life‑of‑Mine ventilation planning embeds airflow requirements into design, aligning capital investment with production growth. Dr Tonderai...
Mapinga Mine to Energy Park Project Stalls as Investor Backs Out
Zimbabwe’s $13 billion Mapinga Mine‑to‑Energy Industrial Park has collapsed after the sole investor pulled out, citing reduced land allocation and insufficient financial capacity. The government cut the requested 5,000‑hectare parcel to 500 hectares, a move that, combined with existing farmer and...
Zimbabwe Targets End of 2026 for Mzarabani Oil Project Finalisation
Zimbabwe’s government announced it will finalize the Petroleum Production Sharing Agreement with Australian explorer Invictus Energy by the end of 2026, extending earlier timelines. The PPSA is the legal cornerstone that will allow Invictus to move its Cabora Bassa project...
VFEX Launches Dedicated Platform to Support Early-Stage Miners and Drive Investment
The Victoria Falls Stock Exchange (VFEX) will launch a Venture Board, a dedicated listing segment for junior and exploration‑stage mining companies. The platform aims to give these high‑growth miners access to long‑term capital, countering Zimbabwe’s reliance on short‑term bank loans...
Ariana Steps Up Dokwe Exploration as Drilling Points to Resource Expansion
Ariana Resources will commence Phase 2 diamond drilling at its Dokwe North gold project in Zimbabwe in late March 2026, following a successful reverse‑circulation program that returned high‑grade intercepts and suggested the mineralised system extends beyond the current resource envelope. The RC...
Strategic Mineral Prices Today – 13 March 2026
The March 13 strategic mineral price bulletin shows a mixed market landscape. Chrome concentrate climbs to $300‑315 per tonne, while lithium carbonate and hydroxide slump to $10,200‑$14,800 and $9,800‑$14,200 respectively. Copper rebounds above $9,750 per tonne, nickel retreats to $14,600‑$17,200, and...
MMCZ Unveils High-Tech Arsenal to Plug Mineral Leakages: Drones, Mobile Labs, and Digital Integration
The Minerals Marketing Corporation of Zimbabwe (MMCZ) announced a multi‑layered technology drive to curb mineral leakages, featuring drone surveillance, mobile laboratories, and a new integrated digital platform that will let miners transact remotely and link with ZIMRA. The digital system...
Gold Buying Prices in Zimbabwe per Gram/ Ounce, 13 March 2026
Fidelity Gold Refinery (FGR) released its latest gold buying rates for Zimbabwe on March 13, 2026. The fire‑assay cash price for gold above 100 g is $155.80 per gram ($4,845.72 per ounce), while SG 90 %+ gold commands $154.98 per gram. Prices decline...
Decentralise School of Mines Knowledge to Districts for Beneficiation, Deputy Minister Moyo
Deputy Minister of Mines Eng Fred Moyo urged miners to decentralise technical education, moving knowledge from the Zimbabwe School of Mines in Bulawayo to district‑level training. He proposed sending lecturers to create local sub‑lecturers, emphasizing that skills development must precede new processing...
Ruling Party Proposes Bold Vision to Transform Zimbabwe Into Global Battery Manufacturing Hub
Zimbabwe’s ruling ZANU‑PF party announced a strategic push to transform the country from a raw lithium exporter into a full‑stack battery manufacturing hub. The plan highlights the recent attraction of four of the world’s top six lithium firms and the...
Antimony Uses, Pricing and Areas Mined in Zimbabwe
Antimony, a strategic mineral, is primarily used in flame retardants, lead‑acid batteries, metal alloys, semiconductors, glass, military applications, and pigments. Global spot prices for 99.85% pure metal sit at $10‑12.5k per tonne, while ingot prices peaked at $40‑60k/tonne in 2024‑25...
Digital Tools Positioned to Improve Planning and Efficiency in Zimbabwe’s Mines, Says Datamine
Datamine says Zimbabwe’s mining sector can gain substantial productivity by adopting digital tools, as many small‑scale operations still rely on paper‑based records. The company highlighted that digital mine planning and geological modelling can optimise extraction and extend mine life. To...
RBZ Gold Stockpile Grows 250% as Mineral Royalties and Export Proceeds Boost National Buffers
The Reserve Bank of Zimbabwe (RBZ) boosted its gold holdings by roughly 250%, rising from 1.5 tonnes in April 2024 to 4.03 tonnes by December 2025. This surge helped lift total foreign‑currency reserves from US$276 million to about US$1.2 billion, expanding import‑cover from 0.18 to 1.5 months....
Namib Minerals Delivers on ESG Commitments with Major Community Investments at How Mine
Namib Minerals announced a suite of ESG initiatives at its How Mine operation, including a new school block, staff housing, and healthcare donations to United Bulawayo Hospitals. The projects complement ongoing environmental rehabilitation at the site. These actions are part...
Zimplats Heads for Government Talks as Unpaid Export Proceeds Surge 158%
Zimplats, Zimbabwe's leading PGM producer, will meet the government to resolve delayed local‑currency payments under the Reserve Bank's 30% export surrender policy. The company's deferred liquidation account swelled 158% to US$78.1 million between June 2025 and December 2025, reflecting export proceeds...
Kavango’s Nara Gold Project Deal Falls Through, Company Pursues Legal Action Against Seller
Kavango Resources, listed on the Victoria Falls Stock Exchange, announced it is pursuing legal action against Simon John Bowman and Romjack Mining for failing to complete the sale of the Nara Gold Project. The parties had exercised a call option...
High Court Suspends EMA Stop Order on Arcturus Mine
The Harare High Court temporarily halted the Environmental Management Agency’s stop order against TN Gold’s Arcturus Mine, granting interim relief while the regulator’s appeal proceeds. Justice Maxwell Takuva ruled that shutting down the Ceylone Open Pit could cause water buildup...