Search results for 'gold'
Zimbabwe
ZiG Weekly Review: Gradual Erosion Continues, What’s the Key to Sustainable Stability?
The Zimbabwe Gold (ZiG) has faced persistent bearish pressure against the US dollar (USD), settling at an exchange rate of 26.7069 as of March 21, 2025, marginally weaker than its 26.7116 close on Jan
Mar 21, 2025
Zimbabwe
Gold Weekly Wrap: Trio of Titans, How 9 Tonnes Set Stage for Zimbabwe’s Gold Glory
Zimbabwe is gearing up for an ambitious goal of producing 40 tonnes of gold in 2025, a target made tantalisingly achievable by gold prices soaring past $3,000 per ounce amid global geopolitical tensio
Mar 24, 2025
Companies
Padenga’s Golden Leap: Runner-Up Gold Producer Cashes in +US$200 Million As Gold Output Jumps 17%
Padenga Holdings Limited, a gold mining titan listed on the US-Dollar denominated bourse Victoria Falls Stock Exchange (VFEX) has cemented its place as a giant in Zimbabwe’s gold mining sector, deliv
Mar 31, 2025
Zimbabwe
Zimbabwe’s Gold Export Earnings Sink for 3 Consecutive Months Despite Soaring Price Records
Zimbabwe’s gold export earnings have inexplicably plunged for three consecutive months slipping from a record high of US$361.1 million in November 2024 to US$291.8 million in December, US$291.4 milli
Apr 01, 2025
Zimbabwe
ZiG Weekly Commentary: Gradual Erosion Hits New April Peak, RBZ Holds Rates High But Demand Action Lags
The Zimbabwe Gold (ZiG) persists in its slow decline, with March’s gradual erosion spilling into April 2025. The ZiG closed at 26.77 on 31st of March 2025 from 26.72 in the previous week against the
Apr 02, 2025
Zimbabwe
Weekly Gold Wrap: Artisanal, Small Scale Miners Record Highest Gold Deliveries in March
Zimbabwe’s gold production in March 2025 achieved a historic milestone, with artisanal and small-scale miners (ASM) recording their highest monthly output ever. The month also marked the highest combi
Apr 14, 2025
Companies
Caledonia Nets $22.35M from Solar Plant Sale, Bolsters Liquidity for Gold Expansion
aledonia Mining Corporation has sold its 12.2 MW solar plant to CrossBoundary Energy Holdings (CBE) for $22.35 million in cash according to the latest circular by the company. This move is to allow
Apr 15, 2025
World
Gold Quarterly Snap: China Leads Demand, Jewellery Consumption Hits 35 Billion in Just 3 Months
Global gold demand soared to a record 1,206 tonnes in the first quarter of 2025, the highest Q1 figure since 2016, driven by a 1% year-on-year increase that included over-the-counter (OTC) investment.
May 07, 2025
Companies
Caledonia’s Q1 Net Profit Surges by 500%, Taxes to Government Triples to 12 Million
aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has delivered a remarkable financial performance in the first quarter of 2025, with net profit soaring by 493% to US$8.9 million fr
May 12, 2025
Top Stories
Beyond the Agreements: Why Plumtree Has Become the Credibility Test of the Zimbabwe–Botswana BNC
Zimbabwe and Botswana have concluded the Fifth Session of their Bi-National Commission in Harare on 22 April 2026, with President Emmerson Mnangagwa and Botswana President Advocate Duma Gideon Boko co
Apr 23, 2026Decoding the VP’s Speech at ZITF: Tobacco Targets, Value Addition Ambitions and Investment Commitments
Zimbabwe intends to produce more than 400 million kilograms of tobacco in the 2025/2026 growing season, up from the record 352.7 million kilograms delivered to the auction floors in 2025 at a combined
Apr 23, 2026Zimbabwe Approves USD 92Mn PPP to Unlock 1,200 Hectares at Victoria Falls: The Largest Single Land-Backed Infrastructure Deal
Government has approved a Public Private Partnership for the development of bulk infrastructure on Lot 1 of Jafuta Estate within the Masuwe Special Economic Zone in Victoria Falls, committing a combin
Apr 22, 2026Zimbabwe Projects Cereal Surplus of Up to 965,000 Metric Tonnes Through March 2027 as Soyabean Output More Than Doubles
Zimbabwe has projected a national cereal surplus of between 550,945 and 964,945 metric tonnes through to March 2027, with total cereal production for the 2025/2026 summer season estimated at 2.74 mill
Apr 22, 2026
