Search results for 'commodity market'
Zimbabwe
32 Tonnes Delivered: Miners Close in on Ambitious 35-Tonne Target for 2024

he mining industry has made significant strides in gold production, already exceeding last year's total.  As of November, miners have sold 32 tonnes of gold, surpassing the 30.1 tonnes recorded for a

Dec 05, 2024
Zimbabwe
Can Zim's Gold Output Hit 35 Tonnes, Earnings Cross $2 Billion for the First Time?

he gold sector has achieved remarkable advancements in gold sales, having already surpassed last year's figures. November’s gold deliveries experienced a significant uptick, reaching 3,766 kg more tha

Dec 10, 2024
World
Gold Weekly Commentary: Zimbabwe's Mining Industry Hits New High

Zimbabwe has recorded its highest gold output in two months, marking a new record high as the country progresses toward its year-end production target. After achieving a record 36.48 tonnes in 2024, Z

Mar 10, 2025
Companies
Padenga Strikes Gold with Full Dallaglio Acquisition

Padenga Holdings Ltd. has solidified its transformation from crocodile skin producer to mining contender by acquiring full ownership of Dallaglio Investments, its gold mining subsidiary, through a 253

Mar 10, 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
Unki Output Dips 8% in Q3’ 2025, Higher PGM Basket Prices Offer Partial Relief

Unki Platinum Mine, Zimbabwe’s third-largest producer of platinum group metals (PGMs), recorded an 8% decline in third-quarter to September 2025 production to 57,500 ounces, down from 62,200 ounces du

Nov 07, 2025
World
Platinum's Deficit Is Not a Forecast: At This Point, It Is a Structural Condition

The World Platinum Investment Council entered 2026 forecasting a broadly balanced platinum market. It has now revised that forecast to a 240,000 ounce deficit. That revision,  from balance to deficit,

Mar 09, 2026
World
Gold on the Edge: What World Gold Council’s June Outlook Means for Zimbabwe

Gold has closed May 2026 at USD 4,546 per troy ounce, a 1.4% monthly decline, according to the World Gold Council. The metal finished lower in most major currencies, with the exceptions of India and T

Jun 08, 2026

Top Stories

The O-Mari Effect: Mobile Money War Goes Physical, NetOne Remains Idle

Zimbabwe's mobile money sector has entered a new phase, one in which the platform that wins will not be the one with the biggest digital wallet but the one that can put physical cash in a customer's h

2 minutes ago

Star Africa Swings Back to Profit Despite Lower Turnover, Targets Stronger FY2027 Recovery

Star Africa Corporation Limited, Zimbabwe’s sugar producer and distributor’s turnover declined 9% to $58.1 million from $63.9 million in the prior year primarily driven by strategic price reductions

3 hours ago

PPC Arlington Sale Lapses ,US$30 Million Capital Allocation Plan Returns to Drawing Board

Pretoria Portland Cement Zimbabwe's planned monetisation of its 418-hectare Arlington Estate has been pushed back after the disposal agreement with Transvaal Africa lapsed following the purchaser's fa

3 hours ago

Hippo Valley Posts Standout FY26 Performance, FY27 Tests Its Earnings Base

Hippo Valley Estates Limited, Zimbabwe's largest ZSE listed sugar producer, has reported a revenue growth of $220.8 million, a 15% increase from $191.6 million according to the latest results for the

3 hours ago

Zimbabwe Rejects Lithium Extension: Is the Industry Ready for January 2027?

Government has held firm on the January 2027 ban on lithium concentrate exports despite the industry’s request for a six month extension. The decision has shifted Zimbabwe’s lithium policy from aspira

22 hours ago

Willdale Narrows Operating Loss to 1.6 Million, Despite Sales Volumes Falling 50%

Zimbabwe’s biggest listed bricks manufacturer, Willdale Limited has reported an operating loss of ZWG 39.9 million for the half year ended 31 March 2026, equivalent to approximately USD 1.6 million at

23 hours ago

Zimbabwe’s Trade Analysis: What It Means for Economy, Policymakers, Investors As Gold Retreats

Zimbabwe's goods exports reached USD 884 million in May 2026, the second highest monthly export figure on record and an 11.6% increase from April 2026's USD 792.3 million, driven by semi-manufactured

1 day ago

What May’s Trade Numbers Reveal: Gold Dominance Grows as Import Demand Widens the Deficit

Zimbabwe's goods trade balance for May 2026 was a deficit of USD 193.7 million, a 14% increase from April 2026's USD 169.9 million. Exports grew 11.6% month-on-month from USD 792.3 million to USD 884

1 day ago