Source: Agriculture, mining output spur economic growth | ZBC NEWS Story by Stanley James, Business Editor ZIMBABWE's economy recorded a 1,5 percent growth during the second quarter of the year driven by increased agriculture and mining output which was in turn fueled by an increase in power supplies. According to the Zimbabwe National Statistics …
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Zimbabwe's three major platinum producers—Zimplats, Mimosa, and Unki—have been central to the country's mining industry. At their peak, these mines were responsible for …
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As part of an ambitious goal to enhance mining output and bring in US$12 billion annually, Zimbabwe anticipates increasing diamond production to 11 million carats by 2023. Chrome. In addition to diamonds, platinum group metals, and gold, chrome is one of Zimbabwe's principal exports. With deposits of roughly 10 billion tonnes, the nation ...
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"Zimbabwe is expected to post a growth rate of 3.8 percent in 2025, driven by a favourable agricultural season, increased mining output, and stable macroeconomic conditions," the report stated. The report also highlights …
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Zimbabwe's mining sector stands at a crossroads in 2025, poised for robust production expansion yet facing considerable headwinds that threaten to erode profitability. Buoyed by rising output in gold, platinum group metals (PGMs), …
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Zimbabwe's mining industry is set for 7% growth in 2025, driven by gold price surges and new investments. Despite global headwinds, the sector Mining Zimbabwe Latest …
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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 ... Zimbabwe's artisanal mining sector faces significant operational fragility due to weather impacts and regulatory constraints;
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Total output figures of the major contributors to Zimbabwe's mining sector revenue are definitely going to be lower by year-end (31 December 2019) than they were in 2018. That includes gold, platinum, chrome, diamond, coal, and nickel. These minerals also happen to be the key anchors of the US$12 billion Mining Target by 2023. By Lyman Mlambo
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Zimbabwe's mining industry is set for 7% growth in 2025, driven by gold price surges and new investments. Despite global headwinds, the sector Mining Zimbabwe Latest Mining News, Policy, and ... which is expected to benefit from both rising prices and increased output. Gold prices are forecasted to hit record highs of around US$3,000 per ...
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Zimbabwe in 2023 initiated a roadmap aimed at transforming the mining sector into a US$12 billion industry, establishing a solid foundation for future growth.
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The small-scale mining sector contributed the lion's share, delivering 23,745.64 kg, while large-scale miners added 12,741.11 kg, underlining the critical role artisanal miners play in the country's gold output. This …
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Breaking NewsThe Role of 3D in Mining: Redefining Spare Parts and Equipment ProductionBlockchain Technology in Mining: Ensuring Transparency and Ethical Supply ChainsArtificial Intelligence in Mining: Harnessing Data for Smarter Decision-MakingThe Role of Automation in Mining: Transforming Operations for the FutureEnergy Fuels and …
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The mining industry in Zimbabwe is facing a mounting crisis, with projected losses of US$500 million in 2025 due to worsening power outages. These disruptions are severely impacting production, leading to reduced output and significant revenue losses. By Ryan Chigoche. Zimbabwe's power supply has long been fragile, with most mining companies …
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The history of gold mining and processing in Zimbabwe predates the colonial occupation by Cecil John Rhodes' British South Africa Company (BSAC) in 1890 (Kritzinger 2012a, b; Phimister 1974; Beach 1988).The BSAC was an entity put together by Rhodes in the late nineteenth century in order to expand his gold mining monopoly from the rich goldfields on …
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PHILLIMON MHLANGA From 35.3 tonnes in 2022 to 30.1 tonnes in 2023 and 36.8 tonnes in 2024 gold output in Zimbabwe continues to soar. Gold deliveries to Fidelity Gold Refineries (FGR), the country's sole buyer and marketer of the yellow metal reached an all-time high of 36.8 tonnes, reflecting an 21% increase from 30.1 tonnes in 2023, and surpassing the …
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Zimbabwe's Chamber of Mines 2022 state of mining report projected significant growth in the diamond, coal, and chrome subsectors, with PGM continuing to lead the sector. The Chamber of Mines reported gold output reached an all-time high of 37.3 tons in 2022, up from 31.5 tons in 2021, and projected to increase to 42 tons in 2023.
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Zimbabwe Minerals Production was reported at 4,917,558.000 Metric Ton in Dec 2022 ; This records an increase from the previous number of 3,956,845.000 Metric Ton for Dec 2021 ; …
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Zimbabwe's mineral output included 7.3% of the world's platinum production, 5% of the world's palladium output, about 1.5% of the world's diamond production (by weight), and 1.4% ... in 2019, real GDP in the mining and quarrying sector decreased by 12.4%. in 2018 (the latest year for which data were available), the sector accounted for ...
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and output growth, the mining industry generated US$5.6 billion in 2022, compared to US$5.1 billion in 2021. In the outlook for 2023, the mining sector is expected to further grow by 10.4%, largely on the back of ongoing expansion projects and …
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Output plunged to a mere 3 tons in 2008, at the height of Zimbabwe's political and hyperinflation crisis. Although production has recovered in recent years, reaching an all-time high of 35 tons ...
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Z imbabwe will this year experience a significant spread in the range of minerals it produces and exports, plus a rise in production from existing mineral contributions as the mining sector paces up towards the attainment of the US$12 billion target worth of production as set by President Mnangagwa.. Mines and Mining Development Minister Winston Chitando has noted …
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The company's production target for the end of 2024 was set at 2 643 kilogrammes while Caledonia anticipated a full-year output of approximately 2 200 kilogrammes, and Kuvimba Mining House had a ...
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The rise in deliveries continues to highlight the contribution of Zimbabwe's Artisanal and Small-Scale Miners (ASM), despite a dip from the previous month's record output, Mining Zimbabwe can report. By Rudairo …
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Zimbabwe earned a total of US$396 million from gold exports in the first three months of 2025—30% more than the US$303 million made in the same period last year, with …
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Zimbabwe's second-largest platinum group metal (PGM) producer, Mimosa Mining Company, has once again demonstrated its operational strength with a 3.1% increase in tonnes milled and a 3% rise in 6E concentrate production, despite a slight 0.6% decrease in grade, Mining Zimbabwe can report. By Rudairo Mapuranga. The company, jointly owned by Impala …
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The expertise and capital influx from large-scale miners are pivotal for advancing the mining sector within Zimbabwe. Record output despite challenges. Severe blackouts. The year 2024 proved to be particularly challenging for the mining sector. The latter half of the year was marred by severe power disruptions, with outages reaching an alarming ...
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By bringing previously unregulated small-scale miners into the formal fold and introducing incentives for established producers, Zimbabwe has boosted its gold output from about 20 t to 35 t a year ...
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Despite the challenges faced in 2024, CoMZ President Thomas Gono expressed optimism for 2025, highlighting a 7% expected growth in mineral output on top of the US$5.9 billion in revenues generated the previous year.
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As it stands, the mining industry currently contributes 70% to FDI, 80% to exports, 19% to government revenues, 3% to direct formal employment and 13.5% to national Income. In 2019 Zimbabwe's mineral production accounted of global output, including: 7.3% of the world's platinum; 5% of the world's palladium; 1.5% of the world's diamonds;
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