Fidelity Gold Refinery (FGR) official gold buying prices/ gram. See the Zimbabwe gold buying prices/ gram today 4 May 2024. SG 90% AND ABOVE US$69.71/g SG ABOVE 85% BUT BELOW 90% US$68.97g SG ABOVE 80% BUT BELOW 85% US$68.23/g SG ABOVE 75% BUT BELOW 80% US$67.49/g SAMPLE BELOW 10g BUT ABOVE 5g US$66.36/g Fire Assay… The post Zimbabwe gold buying prices/ gram 4 May 2024 first appeared on Mining Zimbabwe ..read more

Gold deliveries to the country’s sole gold buyer, Fidelity Gold Refinery (FGR), surged by approximately 31.4 percent in April 2024 compared to the previous month, driven by increased contributions from artisanal and small-scale miners (ASM), according to figures obtained by Mining Zimbabwe. April’s gold deliveries reached 2,386.9067 kilograms, marking a significant increase from the 1,816.5413… The post Gold deliveries increase 31%+, ASM dominate submissions first appeared on Mining Zimbabwe ..read more

London Stock Exchange-listed mining and exploration junior, Kavango Resources, is spearheading advancements at its Hillside gold project in Matabeleland, marking significant strides toward establishing Western Australia-style open pit gold mines in Zimbabwe. by Rudairo Mapuranga The transition to open pit mining carries promising implications for Zimbabwe’s gold industry, mirroring the success seen in Australia’s gold… The post Kavango Propelling Zimbabwe towards Austrian-Styled Open Pit Gold Mining Success first appeared on Mining Zimbabwe ..read more

Zimplats’ parent company, Implats, a leading platinum group metals (PGM) producer, has reported a mixed bag of results, with strong production and demand offset by lacklustre PGM prices, underscoring the need for the company to stay focused on cost management and operational efficiency to navigate the challenging market conditions. Patricia Rwafa Implats announced increased production… The post Implats Reports Mixed Results Amid Challenging PGM Market first appeared on Mining Zimbabwe ..read more

Prospect Resources has made significant strides in expanding its portfolio, acquiring a controlling stake in the highly prospective Mumbezhi Copper-Cobalt Project in Zambia and reported encouraging drilling results from its lithium projects in Zimbabwe and Namibia. Patricia Rwafa As announced on April 30, 2024, Prospect Resources acquired an 85% interest in the Mumbezhi Copper-Cobalt Project… The post Prospect Resources Expands Portfolio first appeared on Mining Zimbabwe ..read more

Cluff Resources Africa (CRA), owned by veteran British miner Algy Cluff, is seeking to acquire a major interest in the rich lithium camp of Sandawana Mining Lease 3 and is currently negotiating with the Mutapa Investment Fund, Country Manager and Consultant Geologist Mark Tsomondo has revealed to Mining Zimbabwe. Rudairo Mapuranga Tsomondo stated that Dr.… The post British investor to acquire a major interest in Sandawana first appeared on Mining Zimbabwe ..read more

The capital city of Zimbabwe, Harare, is poised to lead the charge in promoting electric vehicles (EVs) as part of its commitment to fostering a green energy revolution, announced the city’s Mayor, Jacob Mafume. Mayor Mafume unveiled bold initiatives aimed at placing Harare on the map for clean energy, aligning with global efforts to achieve… The post Harare Eager to Promote EVs in Zimbabwe first appeared on Mining Zimbabwe ..read more

The Zimbabwe Miners Federation (ZMF) is abuzz with excitement following the organisation’s President Ms Henrietta Rushwaya‘s successful negotiations in China in securing an electric vehicle (EV) scheme for the organisation’s members. Brand new EV cars will be sold on a loan scheme to ZMF members and non-members, with ZMF members benefiting from a discounted rate.… The post Miners Celebrate as ZMF Secures Major EV Deals in China, cars will be sold on a loan scheme to members first appeared on Mining Zimbabwe ..read more

The Reserve Bank of Zimbabwe (RBZ) began circulating the new Zimbabwe Gold (ZiG) banknotes this Tuesday, with individuals permitted to withdraw only ZiG3,000 per week and companies ZiG30,000 per week. Patricia Rwafa On April 5th, the new RBZ governor, John Mushayavanhu, launched the ZiG currency, backed by reserves of US dollars and precious metals, particularly… The post ZiG hits Harare streets first appeared on Mining Zimbabwe ..read more

Lithium producer Bikita Minerals has lost a case in which it had approached the High Court seeking an interdict against Aurion Resources over some lithium ore it claimed had been stolen from its mine, Zim Independent has reported. Bikita Minerals dragged Aurion Resources, the officer in charge ZRP CID Flora and Fauna Unit in Masvingo… The post Bikita Minerals loses fight over ‘stolen’ lithium ore first appeared on Mining Zimbabwe ..read more