In a remarkable turn of events, the precious mineral, gold, has reclaimed its coveted position as Zimbabwe's primary export commodity, accounting for 42.5% of the nation's overall exports as of May 2
Jul 02, 2024
Zimbabwe's gold exports for June 2024 remained the top export, but fell to 30.5% according to data released by the country's statistics agency, ZIMSTAT. This is down from a higher of 42.8% in May, a
Jul 29, 2024
Zimbabwe's trade deficit surged in June 2024, reaching over $200 million. The latest data from Zimstat shows the deficit rose by 39.6% to $218.9 million, up from $156.8 million in May 2024. A trade d
Zimbabwe has achieved a historic milestone by recording its lowest trade deficit ever in July 2025, with the deficit plummeting by 94.5% to USD 8.7 million from USD 158.6 million in June 2025. This pe
Sep 03, 2025
Mimosa, the 50:50 joint venture between Impala Platinum (Implats) and Sibanye-Stillwater has recorded a 5% decline in 6E in concentrate production to 123,000 ounces in the six months ended 31 Decembe
Zimplats, Impala Platinum’s key Zimbabwean operation, achieved a strong 13.2% increase in 6E production in matte including concentrate sold to Impala Refining Services to 317,000 ounces in the six mon
The Pfuma Fund Real Estate Investment Trust (REIT) has achieved full subscription of its US$25 million private placement, a result that comes at a time when foreign direct investment into Zimbabwe rem
Zambia, Africa’s second-largest copper producer, is on track to exceed 1 million tons of copper output in 2026, building on a record-breaking year in 2025 when production climbed by 8% to nearly 890,3
Gold prices have seen an escalation of its already historic bull run, surging past the $5,500 per ounce level on January 29, 2026, and reaching $5,550 in spot trading. This marks a fresh all-time high
The diamond industry, long synonymous with luxury, rarity, and enduring value, is undergoing a profound transformation due to the rise of lab-grown diamonds. These synthetic gems, chemically identical
Libya’s central bank has escalated Zimbabwe’s unresolved external debt problem into a UK courtroom, suing the country’s finance ministry and state oil company for more than US$100 million according t
Zimbabwe's gold sector has triumphantly capped off 2025 by nearing its ambitious production and export targets, solidifying its status as a cornerstone of the nation's economy amid soaring global pric