Caledonia Mining is showing how to take full advantage of firmer gold prices, reporting a strong first quarter of 2025 as it ramped up production and strengthened its balance sheet.
The company,...
Vast Resources, a mining company listed on London’s AIM stock exchange, has finally received a long-awaited parcel of diamonds—129,400 carats —that had been held by the Reserve Bank of Zimbabwe since 2010.
This ends...
Zimbabwe’s gold miners are enjoying a welcome boost as global gold prices soar to record highs, helping offset rising operational costs and the effects of Government’s hostile foreign currency policies.
In March 2025 alone,...
Caledonia Mining has kicked off 2025 with a strong performance, setting a new first-quarter production record at its flagship Blanket Mine.
The company has announced quarterly gold production of 18,671 ounces, beating the 17,050...
A state-owned Zimbabwean mining firm is trying to protect assets that risk being seized because the country failed to honour a US$93 million debt incurred when it lost an international arbitration case over cancelled nickel and platinum...
Zimplow, one of Zimbabwe’s biggest suppliers of farm and construction equipment, is grappling with two stubborn challenges that have become all too familiar: the rise of the informal market and exclusion from the Chinese-dominated mining sector.
Caledonia Mining has posted record profits for 2024, driven by a combination of stronger gold prices, increased production, and improved cost control.
The company’s Blanket Mine produced 76,656 ounces of gold during the year,...
Zimasco (Pvt) Ltd has gone to court to block what it says are attempts by a Kwekwe-based businessman Shepard Tundiya, through his company Avim Investments, to seize control of the mining company.This follows a recent high court...
Zimasco (Pvt) Ltd has dismissed recent media reports suggesting that it is under corporate rescue, insisting that it remains financially stable and focused on expansion.
The company issued a statement following a report...
Kuvimba Mining House expects to produce 3,600kg of gold in the financial year ending March, a 12.5% increase from the previous year. To support this growth, the company plans to invest $38 million into its largest operation,...
