Search results for 'Mining Sector'
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
Zimbabwe
Gold Exports Reach Historic High: Biggest Monthly Windfall in History Tests Sustainability of the Boom
Zimbabwe has exported US$583.4 million of semi manufactured gold in June 2026, the highest monthly value recorded in Zimbabwe’s trade history, latest data from Zimstat shows. The figure exceeded the p
Aug 06, 2026
Zimbabwe
ZIDA's Investment Approvals Hit US$1.59 Billion With Mining and Manufacturing at 79.6%
Zimbabwe Investment Development Agency approved 86 mining licences worth US$768.5 million in the second quarter of 2026, an average approved ticket of US$8.9 million and the largest sectoral allocatio
Aug 06, 2026
Zimbabwe
Zimbabwe’s Mineral Leakages Shift from Border Smuggling to Under-Declaration and Fake Invoices
The Minerals Marketing Corporation of Zimbabwe has recorded 18 suspected mineral smuggling and irregular-movement cases between January and August 2026 involving about 2,654 tonnes of minerals and scr
Aug 31, 2026
Companies
Padenga’s Earnings Surges Past US$180m, Production Growth Meets Record Price Cycle
Padenga Holdings, Zimbabwe’s biggest listed gold producer has generated US$182.3 million in revenue from Dallaglio during the six months to June 2026, a 48% increase from the comparable period, as str
Sep 22, 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 Power Capacity Set to Double by 2035 as Focus Shifts to Grid Reliability
Zimbabwe's electricity generation capacity could roughly double by 2035 as renewable-energy investment accelerates, according to projections presented by BMI, although the country's persistent exposur
Oct 12, 2026
Top Stories
After 19 Years, Mhembere Leaves Zimplats With a US$1.8bn Legacy. Segula Inherits the Next Test.
Mhembere joined Zimplats as chief executive on 1 October 2007, after previously leading Mimosa Mining Company. He retires as CEO and executive director of Zimplats Holdings effective 1 November 2026,
1 day agoCan Zimbabwe's Gold Output Hit 50 Tonnes and Export Earnings Top US$6 Billion After September's Sharp Decline?
Zimbabwe remains within reach of its 50-tonne gold target despite a 7.9% decline in September deliveries, with the industry's stronger production run-rate and elevated export earnings providing a foun
Oct 29, 2026
