February 14, 2008. Zimbabwe is perhaps the only country whose colonisation by Europeans was a direct result of its perceived rich and wide variety of gold deposits. The Portuguese occupied parts of the country in the 17th century and traded in gold with local miners. Following the accounts of the Portuguese, and information gathered by 19th ...

Zimbabwe's gold deliveries last year surged 17% to 27.6 tonnes from 33.2 tonnes in 2018 due to power outages which intensified in June. Due to electricity challenges, among others, the mining sector …

According to statistics in 2016, Zimbabwe's gold mining sector as a whole, consisting of both artisanal and small-scale mining (ASGM) and large-scale gold mining (LSGM), contributed 2.6% of gross domestic product (GDP), 18% of exports, 28% of mining output, and 1% of government revenues (royalties only) and employed 7.1% of …

1.5 Each Prospecting License can peg up to a maximum of 10 claims at 1 Ha each. 1.6 An application for registration must be submitted to the Ministry of Mines and Mining Development offices. The application must have copies of the following attachments: (a) Prospecting license (s). (b) Prospecting Notice.

1. Introduction. It is now commonplace in Zimbabwe to associate artisanal and small-scale gold mining (ASGM) or chikorokoza (as it is popularly known locally) with livelihoods, survival and capital accumulation (see, for example Mawowa, 2013; Mkodzongi and Spiegel, 2020; Spiegel, 2014, 2015).With declines in formal employment …

Dallaglio Investments, a leading player in the gold mining industry in Zimbabwe, has been making waves at its Eureka gold mine. The mine, located in …

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.

Eureka Gold Mine, located near Guruve, is now operational after decades of inactivity and management expect to ramp-up to full production in the coming months. The gold mine was forced to shut …

Deputy Minister Kanhambura said reviving gold mining at Eureka would "feed well into our vision to attain 100 tonnes of gold per annum by 2023 . . . which means it is also strategic to His Excellency's Vision 2030." Last year, Zimbabwe unveiled a roadmap to propel the country's mining sector to US$12 billion industry by 2023.

The Zimbabwe Miners Federation (ZMF), the country's leading representative of the Artisanal and Small-Scale Mining (ASM) sector, has attributed the 55.6% increase in gold deliveries in the second quarter of 2024 to the …

Zimbabwe is blessed with abundant mineral resources with every one of its 64 districts hosting at least one or more minerals, making it one of the richest countries in terms of natural resources. Zimbabwe is endowed with over 63 Minerals including Gold, Lithium, Platinum, Coal, Chrome, Copper, Diamonds and many others making it a …

GOLD output surged by 29% during the nine months ended September 30, 2021 after robust international prices improved Zimbabwean producers' cashflows, as …

Artisanal and small-scale gold mining (ASGM) accounts for more than 50% of national gold production, contributing to sustainable livelihood and economic …

To get a gold buying permit visit FGR. An interview will be scheduled and in the interview, one should be prepared to commit to gold quantities they are able to buy per month. It is a must that this target is met. Licenses are issued on a monthly basis and should the license holder not meet the monthly target the license will not be renewed.

On Nov. 23, 2023, Pambili entered into a share purchase agreement to acquire the Golden Valley project, a producing gold mine in Zimbabwe's Matabeleland province. The …

THE African Development Bank (AfDB) has shown great interest in funding Caledonia Mining Corporation's planned $250 million gold mine in Zimbabwe. The information was relayed by the company's ...

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 …

Artisanal and small scale gold mining (ASGM) is an informal economic activity. ASGM is the pr ocess of. extracting gold ore from t he gr ound in the absence of land rights, mining license, explor ...

1. Introduction 'Pasi Ne Mbimbo' (down with machete gangs) sign post near the Venice Mine along Empress Mine Road in Kadoma. The dramatic upsurge in artisanal gold mining in post-land reform Zimbabwe has received widespread attention in literature (Mkodzongi, 2013, Mawowa, 2012, Spiegel, 2014, 2015, Chipangura, 2019 and …

The mine, located in Guruve, has been producing impressive results over the past few years, achieving a 93 per cent gold recovery rate at Eureka. According to the Eureka Mine General Manager, Eng Nelson Banda, the mine started off at 420 kg in 2021, leapt to 1617 kg in 2023, and is forecasted to produce 1660 kg in 2024.

As Zimbabwe experiences its worst economic crisis in a decade, with crippling hyperinflation and unemployment, young people are venturing into illegal gold mining in a bid to earn a living.

Gold deliveries for the first ten months of 2021 totalled 22 tonnes, up from 16 tonnes in the same period last year, according to numbers released this week by Fidelity Printers and Refiners (FPR). Gold exports, Zimbabwe's most valuable resource, dropped from US$1.60 billion in 2019 to US$980 million in 2020. The RBZ blamed Covid-19 …

Golden Hill Mining Fields the largest Gold Chrome Copper Mining Fields in Zimbabwe with extensive underground and surface infrastructure and over 50 years of recorded production. Golden Hill Mine started production in the early 70s and has produced over 20 tons (650,000oz) of Gold throughout its life.

2024 presents a promising year for Zimbabwe's mining sector. With ongoing expansion in gold mining, the rise of lithium as a strategic mineral and a growing focus on sustainability, the industry is poised for significant growth, writes Dr Nicolaas C …

Contrary to popular belief, Zimbabweans have been mining as far back as the 13th Century with copper and gold being mined by the Munhumutapa Empire. There is evidence of gold being used in Great ...

Zimbabwe's gold mining sector is targeting to raise production to 40 tonnes this year, up from 35.38 tonnes last year, an official said Tuesday. Last year's output was a record high, spurred by …

The Renco Mine is 100 per cent owned by RioZim Limited. The mining rights are held through mining claims, a mining lease, and a special grant covering a total area of 2 736 hectares. The mine is located in the South-East of Zimbabwe in Nyajena communal lands, approximately 75km southeast of Masvingo.

HARARE, Oct 19 (Reuters) – Caledonia Mining Corp is exploring options to raise $250 million needed to develop its Bilboes project into what could be Zimbabwe's biggest gold mine. The company, which also owns the Blanket gold mine in Zimbabwe, could raise the money via a combination of debt, its own cash reserves and equity, …

The monetary value of the gold reserves held in the RBZ's vaults and offshore was estimated at $175 million. This valuation is significant, as it provides a solid foundation for the ZiG currency, aiming to bolster investor confidence and stabilize the national economy. The 2.5 tons of gold reserves, coupled with the $175 million valuation ...

The small-scale mining sector has of late become one of the pillars of the economy of Zimbabwe contributing significantly to national fiscus. Rudairo Dickson Mapuranga The small-scale gold mining sector contributes up to 12 percent of total exports cementing its position in prop (up) the country to achieve the President's vision …