While global diamond prices are crashing from US$3,400 in 2020 to a mere $900 in 2024, a 74% decline, Zimbabwe’s diamond industry shows respite, defying global trends. Though made of the hardest mate
Jun 02, 2025
Debswana Diamond Company, a 50-50 joint venture between the Botswana government and De Beers, has temporarily halted production at its Jwaneng Cut 9 and Orapa mines, following earlier suspensions at t
Jun 09, 2025
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
Jul 15, 2025
Zimbabwe’s diamond industry continues to exhibit resilience amid hardship, with October 2025 exports surging to $43.4 million from zero in September, lifting the first 10 months' cumulative revenue t
Dec 17, 2025
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
1 day ago
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
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
