Search results for 'Commodities'
World
The Rise of China's Influence in the Global Metals Market: How the Loss of Benchmark Status by the LME may impact Zimbabwe

In a major shake-up for the global metals market, the London Metal Exchange (LME) has lost its benchmark status for a part of the nickel market. According to a report by Bloomberg News, the Shanghai M

Jun 05, 2023
Zimbabwe
September Trade Review: Gold Exports Increases but Value Declines Despite Rallying Prices

Gold exports in September 2024 surged to 40.2%, up from 37.9% in August and 34.2% in July while tobacco exports, partly or wholly stemmed, followed closely at 19.3%, marking a notable growth from 13%

Oct 25, 2024
World
Platinum's Q3 Update: Deficit Persists, Extends into 2025 as Prices Continue to Slide

The global platinum supply experienced a 7% year-over-year (YoY) increase to 1,479 koz in Q3 2024, primarily driven by augmented stock releases in South Africa. This uptick in supply was a welcome dev

Nov 27, 2024
Zimbabwe
Zim’s 10-Month Gold Exports Value Surpasses FY23 Total, Hits Record US$1.87 Billion

Gold has recorded a historical high of US$296.85 million in exports value in October according to the latest data released by Zimstat in terms of value. Of all the exports, gold accounted for 42.4% s

Nov 27, 2024
World
US New Tariffs on Steel, Aluminium Send Gold Prices Soaring Above US$2,900/oz

Gold prices reached a new record high of 2,917.90 per ounce on the 10th of February 2025, driven by the U.S. President’s trade war, which is targeting both allies and adversaries. This surge followed

Feb 10, 2025
World
Weekly Gold Wrap: Tariffs Spark Global Gold Rush, COMEX Inventories Hit Pandemic Highs

With increasing US tariffs across the world from America to Europe, Asia to Africa, gold has emerged as a critical barometer of market uncertainty. As trade tensions escalate, investors and instituti

Mar 03, 2025
World
Gold Breaches Psychological Threshold: What's Next After $3,000?

Gold has breached the $3,000 per ounce barrier last week, marking a significant milestone in the precious metal's upward trajectory. Since crossing the threshold on March 14, gold has consistently tra

Mar 26, 2025
World
Gold's Performance in July: Balancing Gains and Challenges

Gold prices rose 0.3% in July 2025, closing at US$3,299 per ounce, driven by tariff-led inflation expectations and geopolitical risks, per the Gold Return Attribution Model (GRAM). A stronger US doll

Aug 14, 2025

Top Stories

Zimbabwe's White Gold Sector: New Records, Policing and Outlook

Zimbabwe's lithium industry (white gold) delivered a stellar performance in 2025, with sales volumes reaching 1.52 million (1,522,893.93) metric tonnes and generating US$571.6 million in revenue, surp

11 hours ago

Zimbabwe Secures 500MW Solar Flagship Under 10GW Africa Platform

Zimbabwe is set to host a flagship project of a new multi-gigawatt African renewable energy platform spearheaded by INOX Clean Energy, RJ Corp and SkyPower, marking one of the most consequential priva

11 hours ago

Sibanye Projects 30% Production Decline, Writes Down Mimosa by US$28.74m

Sibanye-Stillwater, a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents, has signalled a structural shift in its

15 hours ago

Tigere REIT Caps Transformational 2025 with Yield-Boosting Acquisitions and Near-Doubling of Profits

In a year of resilient growth for Zimbabwe's nascent REIT sector, Tigere Real Estate Investment Trust emerged as a standout performer, completing two strategic retail acquisitions in Q4 2025 that pro

1 day ago

Greenfields Feeds the Bottom Line: Food and Entertainment Are Rewriting Zimbabwe's Retail Story

Tigere's entire portfolio operates on US dollar leases, which insulates its rental income from local currency fluctuation and provides investors with predictable returns. For the 2025 financial year,

1 day ago

Sibanye Projects Production Decline, Writes Down Mimosa by US$28,74m

Sibanye-Stillwater, a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents, has signalled a structural shift in its

1 day ago

Sibanye-Stillwater Reinstates R3.7bn Dividend Payments After 3-Year Hiatus

Sibanye-Stillwater, the diversified South African mining giant, reinstated its dividend payments after a three-year hiatus on 20 February 2026, buoyed by a 281% surge in headline earnings per share (H

1 day ago

Anglo American Seals Teck Resources Merger Deal, Net Debt Falls

Anglo American marked 2025 as a transformational year by advancing its portfolio simplification and securing a landmark merger agreement with Teck Resources to create Anglo Teck, a global critical min

1 day ago