Lithium prices and shares surged after Zimbabwe, one of the world’s top producers, suspended concentrate exports, fueling fears that global supplies of the battery ingredient will tighten.
Lithium carbonate on the Guangzhou Futures Exchange...
South Africa's Valterra Platinum says it is owed $100 million in 2025 export proceeds by Zimbabwe's government, which has started making some payments to clear the arrears.
Zimbabwe requires all exporters to retain only 70%...
Zimbabwe has suspended exports of all raw minerals and lithium concentrates with immediate effect, weeks after warning miners that it would take action to curb leakages and “malpractices” during exports.
In a statement Wednesday,...
Zimbabwe’s mineral sales through the Minerals Marketing Corporation of Zimbabwe (MMCZ), which exclude gold and silver, climbed to 4.9 million tonnes valued at US$3.4 billion in 2025. This was a 61% increase in volume and a 14%...
Gold is surging to record highs. For Zimbabwe’s formal gold producers, this is both a blessing and a headache.
Spot gold hit a record $4,967.03 on Friday, up 14% since the start of the...
Caledonia Mining Corporation plans to spend US$162.5 million on capital expenditure this year, which will include funding to help develop what could be Zimbabwe's largest gold mine.
In a production update, Caledonia says it...
Finance Minister Mthuli Ncube has reversed plans to double its gold royalty rate to 10%, a new 2026 budget bill showed on Wednesday, following protests by miners and industry groups.
A royalty rate of...
Finance Minister Mthuli Ncube says he is willing to adjust proposed gold royalty changes after miners warned that doubling the tax could hurt the industry and fuel smuggling.
Ncube’s budget proposed a new sliding...
The Zimbabwe Miners Federation (ZMF) says Finance Minister Mthuli Ncube’s plan to double gold royalties will scare off new investment and promote gold smuggling.
ZMF represents small-scale miners, who produce over 75% of the...
It’s a familiar Zimbabwean story: a big investment plan lands on the table, and then policy shifts force the investor back to the calculator.
Last week, Caledonia Mining announced plans to raise up to...
