Embattled diversified company RioZim Limited has widened its loss position, which more than quadrupled to ZWG 628.4 million from ZWG 107.7 million in FY2024, weighed down by a 54% plunge in gold produ

RioZim, once Zimbabwe’s preeminent gold producer, has faced a precipitous decline, with 2024 financial losses escalating to ZWG 628.5 million, a sixfold increase from ZWG 107.7 million in 2023. Gold

Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by

Oil prices have skyrocketed to a five-month high, with Brent crude surging 5.7% to US$81.40 a barrel before settling at US$78.39, with U.S. West Texas Intermediate rising 2.6% to US$75.76. The spike

Caledonia Mining Corporation has reported promising high-grade results from its ongoing resource expansion drill programme at its owned Blanket Mine. This will improve gold production at Blanket, whi

Gold’s ironclad reign as Zimbabwe’s top foreign currency earner is blazing hotter than ever, fueled by a world in disarray. As geopolitical tempests: Middle East gunfire, Russia’s relentless assault o

Gold is Zimbabwe’s golden ticket, shining brighter than ever as the world’s chaos, wars in the Middle East, Russia’s invasion of Ukraine, and shaky U.S. support for Kyiv drive demand for this safe-hav

Zimbabwe’s gold deliveries to Fidelity Printers and Refiners (FPR) in June 2025 reached 4.27 tonnes, marking a significant increase from May’s 3.49 tonnes, driven primarily by contributions from Artis

Zimbabwe Consolidated Diamond Company (ZCDC), the country’s largest state-owned diamond miner, has confirmed the retrenchment of 400 employees, a move that reflects the worsening crisis in the global

Caledonia Mining Corporation, Zimbabwe's third largest gold producer, has seen a record-breaking second quarter for gold production in 2025, with output reaching 21,070 ounces (597.32 kg), surpassing

A concerning surge in illicit capital inflows and fuel arbitrage, is increasingly being channelled into Zimbabwe’s urban commercial property market, including the real estate investment trust (REIT) s

Kavango Resources plc, a London-listed mineral exploration company, is entering the final stages of its planned secondary listing on the Victoria Falls Stock Exchange (VFEX), with official trading sch

Zimbabwe’s gold sector continued its upward trajectory into 2025, building on the record highs achieved in 2024. In June 2025, revenues hit a peak of $393.87 million, surpassing the May 2025 record of

Caledonia Mining Corporation, the third largest gold producer in the country achieved a record-breaking gold production in the second quarter of 2025, driven by exceptional output at Blanket Mine, the

Zimbabwe Stock Exchange–listed cable manufacturer CAFCA Limited has reported a 14% slump in sales volumes year-on-year, despite a strong quarter-on-quarter rebound of 31% in the third quarter ended 30

NMBZ Holdings Limited has expanded its loan book by 18% to ZWG 3.42 billion in the half year to 30 June 2025, up from ZWG 2.91 billion in December 2024 according to the latest half year financial resu

Kavango Resources Plc has entered a crucial phase of its Zimbabwe strategy, raising £2.2 million (US$2.9 million)  on the London Stock Exchange through a placing and subscription to accelerate the tra

Physically backed gold ETFs in August had inflows of US$5.5 billion, marking three months in a row of positive flows. Gold-backed ETFs are investment funds that hold physical gold and are traded on s

Padenga Holdings Limited, Zimbabwe’s largest listed gold producer, has more than tripled its profit after tax (PAT) for the half year to 30 June 2025, closing at US$26.4 million compared to US$9.2 mil