Search results for 'Zimbabwe Gold Mining'
Companies
Caledonia Raises $150 Mn for Bilboes: Here Are 4 Funding Pillars Powering Growth
Caledonia Mining Corporation has successfully closed a US$150 million convertible senior notes offering according to its latest announcement. Originally targeted at US$100 million, the deal was upsize
Jan 21, 2026
Companies
Operational Reactivation: RioZim’s Q1 Gold Output Eclipses Entire 2025 Production
Resuscitating mining giant, RioZim Limited has produced 92 kilograms of gold in the first quarter of 2026 from Renco Mine, an exponential increase from the 6 kilograms produced in the same quarter of
Jun 24, 2026
Companies
Grade Recovery Drives Caledonia’s Q2 Gold Output Higher: H2 Must Deliver 38% More to Hit FY Target
Caledonia Mining Corporation has produced 17,360 ounces of gold at Blanket Mine during the second quarter ended 30 June 2026, an 18% improvement on the 14,767 ounces produced in Q1 2026, with the comp
Jul 20, 2026
Zimbabwe
Zimbabwe’s Gold Windfall Narrows as Fidelity Price Falls 25% From January Peak
Zimbabwe’s official Fire Assay cash buying price decreased 25.3% to US$3,764.15 per ounce on 21 July 2026 from a 2026 peak of US$5,041.57 per ounce on 29 January, reducing the revenue generated from e
Jul 21, 2026
Companies
Renco Set for Sale at US$35 Million, RioZim’s Last Standing Functional Gold Asset
RioZim has put Renco Mine up for sale for at least US$35 million, opening a new phase in the mining group’s turnaround as it seeks to reduce debt, strengthen working capital and concentrate its limit
Sep 28, 2026
Zimbabwe
Zimbabwe's Gold Mining Policy Forces Early Redwing Restart Ahead of Feasibility Study
Zimbabwe's new limits on foreign participation in small-scale gold mining have pushed Nasdaq-listed Namib Minerals to accelerate the reopening of Redwing Mine in Penhalonga, Manicaland, before comple
Nov 07, 2026
Zimbabwe
Over Half of Zimbabwe's Commercial Banks Back Caledonia's US$150 Million Bilboes Financing
Seven of Zimbabwe's 13 commercial banks have joined a US$150 million financing arrangement for Caledonia Mining Corporation's Bilboes gold project, placing approximately 54% of the country's commerci
Nov 10, 2026
Zimbabwe
50 Tonne Gold Target 83% Complete after Over 9 Year Monthly Record: Who Controls Industry's Future?
Zimbabwe's gold industry has delivered its strongest monthly performance in at least nine years in October 2026, pushing annual deliveries towards a historic 50 tonne milestone and reinforcing the min
Nov 12, 2026
Companies
Caledonia's Gold Price Jumps 20%, Shareholder Profits Collapse 81%: Who Captured the Upside?
Caledonia Mining Corporation's shareholders experienced an 81% decline in attributable profits during the third quarter of 2026, despite the company benefiting from a 20% increase in realised gold pri
Nov 12, 2026
Zimbabwe
Padenga Controls a Fifth of Large Scale Gold, Mutapa Takes the Lead and Caledonia Slips
Padenga Holdings has consolidated its position among Zimbabwe's largest gold producers after selling 2.18 tonnes during the nine months ended September 2026, equivalent to approximately 21.6% of the c
1 day ago
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
