Top 10 gold mines in zimbabwe The Blanket and Freda Rebecca mines are two of the largest gold mines in Zimbabwe. Top 10 Operating Mines in 16. Zimbabwe has about 60 mineral occurrences, the major ones being diamond, platinum, gold, nickel, lithium, chrome ore, iron ore, tantalite, asbestos, coal, granite, zinc and silver among others. At the time these mines were surveyed, 9 mines in Zimbabwe were observed to have ore mineralization in an outcrop, shallow pit, or isolated drill hole—known as an occurance mine. 1 tonnes in 2023 and 36. Minerals and Location in . Mar 15, 2022 · A Golden Opportunity: Scoping Study of Artisanal and Small Scale Gold Mining in Zimbabwe. gov. 52% Jun 4, 2009 · New Dawn Mining Corporation, a TSX-listed and Canadian-based mining junior focused on gold in Southern Africa, has moved its Turk mine in Zimbabwe from care and maintenance to active mine development. 20 Mount Pleasant Drive, Mount Pleasant, Harare, Zimbabwe Call us +263 (4)334517 / (4)334507 +242 334 390 +263 334 384 Email us Nov 1, 2018 · Investigating socio-economic and environmental impacts of mining on host communities: the case of Connemara Gold Mine in Midlands Province, Zimbabwe November 2018 DOI: 10. 2018; Kaseke et al. The Great Zimbabwe ruins, a UNESCO World Heritage site, stand as a testament to the country’s historical gold wealth. The chairman of the company is Mzi Khumalo. The mine was closed in March 2007 for a refurbishment programme which increased its production rate. Buoyed by rising output in gold, platinum group metals (PGMs), lithium, and diamonds, the industry aims to surpass US$6 billion in mineral exports—an approximate 9% increase from the previous year’s US$5. Jul 1, 2024 · International mining companies are increasingly drawn to Zimbabwe’s favourable greenstone gold-hosting geological setting, spurred by rising gold prices in Q1 this year. Zimbabwe Mining Newsletter (2020) revealed that the Ministry of Mines and Mining Technology in 2017 forfeited more than 1000 mining claims for ASSGM in Matabeleland North province, Zimbabwe because they have failed to pay US$ 100 for inspection fee during six In June 2024, Zimbabwe’s Ministry of Mines approved a significant expansion of the Golden Valley project, approving our application to convert a 50-hectare milling site surrounding the mine into five 10-hectare mining claims. In 2024, the Zimbabwe mining sector solidified its position as the most crucial industry, accounting for approximately 12% of GDP and nearly 70% of export earnings, according to the Reserve Bank of Zimbabwe (RBZ). In the post-independence era, mining prospects in Zimbabwe increased as compared to the colonial period. Apr 8, 2024 · Blanket Gold Mine – A well-established gold mine in Zimbabwe, operated by Caledonia Mining Corporation plc, producing gold at a depth of approximately 750 meters below surface. The country boasts the second-largest platinum deposit and high-grade chromium ores in the world, with approximately 2. The group also owns 50 per cent of Sengwa Colliery Pty Ltd in Gokwe North. Annual Totals. May 21, 2022 · The mines were acquired from Anglo American Corporation Zimbabwe Limited (AMZIM) in 2003 together with most of AMZIM’s gold mineral rights in Zimbabwe. Recent exploration activity in the Pilbara region of Western Australia has renewed interest and helped increase the country’s consistent gold Zimbabwe Mining Guide - eoi. By Rudairo Mapuranga Jan 4, 2025 · Zimbabwe’s miners delivered a record 36. In an April 2009 interview with Mining Review Africa The How Gold Mine, located near Bulawayo, Zimbabwe, was first discovered in 1941 and has been in operation as an underground mine since 1950. Eureka Gold Mine is located about 150km north of Harare. Jul 19, 2024 · Zimbabwe’s largest gold producer is negotiating with potential partners to boost production at its Shamva mine. Top States by Gold Deposits in Zimbabwe. Eureka Gold Mine. 000 kg for Dec 2021. 35 trillion. 000 kg from Dec 1990 to 2022, with 33 observations. 6095 / lb -0. 524 billion, only trailing behind energy investments. Washington, DC: PACT Institute; 2015. Endowed with over 4,000 recorded gold deposits, Zimbabwe boasts the second-largest gold reserves per square kilometer in the world. 6895 / lb 1. Zimbabwe Mining Newsletter (2020) revealed that the Ministry of Mines and Mining Technology in 2017 forfeited more than 1000 mining claims for ASSGM in Matabeleland North province, Zimbabwe because they have failed to pay US$ 100 for inspection fee during six Dec 23, 2016 · Zvishavane-based Sabi Gold Mine will resume operations next month after the Zimbabwe Mining Development Corporation struck an agreement with local investment consortium, Chandiwana Mining At the time these mines were surveyed, 1 mine in Masvingo was observed to have ore mineralization in an outcrop, shallow pit, or isolated drill hole—known as an occurance mine. Blanket Mine is increasing production through the Central Shaft Expansion Project. Apr 9, 2021 · RioZim currently operates the Dalny mine, One step mines, Renco Gold mine in the south-east of Zimbabwe, the Cam & Motor gold mine in Kadoma, the Maranatha ferrochrome refinery in Kadoma, and the Empress Nickel Refinery near the city of Kadoma in Mashonalandwest. The Moab Khotsong gold mine, operated by Harmony Gold, is located in Gauteng, approximately 180km southwest of Johannesburg. » More detailed. Installation new shaft down to 2-Lvl. Last year Padenga Holdings was number 4 on the top 10 list, thus it has dropped down the list by 4 positions. 21 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced nickel (4. Copper $ 4. The Bilboes Search results of Top 31 Mines, Mining in Zimbabwe, near me. Zimbabwe – 49 Zimbabwe’s gold mining dates back to the pre-colonial era. In 1982, the mine had a capacity to process 350 metric tons of ore per day, with a production unit cost of $36. 5 hectares of land. 2 196 mines were in production at Browse gold mining mines in Zimbabwe by region—including Bulawayo, Manicaland, Mashonaland Central. 2018: Dallaglio purchased Delta Gold which owned Eureka Mine from Mmakau Mining and the IDC of South Africa in April In some gold mining areas disputes arise between artisanal miners who fight over the same productive gold mining pits, seeking to displace each other. gold mining areas in zimbabwe. Of the six South African mines top four are from the Southern neighbor. This demonstrates that despite Zimbabwe’s economic and political challenges, investors are still drawn to the sector’s vast potential, especially in minerals such as gold, platinum, and lithium. And through a new three-mine strategy, the group aims to treble its pre-shutdown production to between 35,000 and 50,000 ounces a year. Listings are verified with accurate business information. The Siguiri and Lefa mines are two of the largest gold mines in Guinea. 09% Brent Crude Oil $ 62. Mr Chizuzu is currently Zimbabwe Miners Federation (ZMF) Youth in Mining chairperson as well as Zimbabwe Prospectors Association (ZPA) Secretary-General. 2024 Jan 9, 2025 · PHILLIMON MHLANGA From 35. Mining contributes around 12% to the GDP and accounts for 80% of national exports. 4M in revenue, Hwange Colliery is ranked first on the list, followed by RioZim with $594. Jan 6, 2023 · The shares plus royalty transaction, announced last year, will help the company achieve its goal of more than doubling annual output, potentially making it Zimbabwe’s top gold miner. Unveiling Zimbabwe's Mining Titans: Top 10 Companies Shaping the Industry Entertainment Dec 14, 2018 · Mining Zimbabwe, however, took time to go through the performance of various companies in a list of 10. The mine covers 1,955. 8% and is expected to rise by a CAGR of 3% between 2023 and 2027. Mining Zimbabwe Mining Indaba issue 2022 magazine 55 compressed. Zimbabwe does not have a modern online Mining Cadastre Approximately 70% of the gold is ‘free gold’ recovered by gravity concentration and over 15 mineralised structures have been exploited to date. Gold Fields Limited is one of the world's largest gold mining firms. 77 pence in London. Top 10 Metals & Mining manufacturing companies in Zimbabwe by revenue for January 2025 Listed below are the leading companies in Zimbabwe by revenue as of January 2025. 5 tons in 2021, and projected to increase to 42 tons in 2023. Zimbabwe 2019. Africa, home to vast mineral wealth, plays a significant role in the global gold mining industry. The chief minerals were coal, gold, copper, nickel, tin, and clay, and …. 6M in revenue and Afrochine Smelting P/L with $61. 8 million metric tons of lithium ore, grading 1. pdf | feedspot Jan 2, 2024 · Mr Timothy Chizuzu is a miner, mining consultant and environmentalist with 15 years’ experience in consultancy. 3 tons in 2022, up from 31. For listed gold mining companies, under the VFEX IH Universe; Caledonia is trading at a P/E (+1) of 10. 15 million metric tons Mar 1, 2023 · Artisanal gold mining can be traced as far back as the precolonial era in Zimbabwe when people used to trade with the Portuguese and Arab traders. Rema Tip Top . Apr 8, 2024 · The history of gold in Zimbabwe dates back to the pre-colonial era, with the ancient Kingdom of Zimbabwe renowned for its gold trade. Nov 25, 2008 · New Dawn Mining Corporation, a junior gold exploration and mining company, which owns and operates the Turk mine in Zimbabwe, was one of the few producers that continued gold output in that country until late in 2008, but even it has been forced to suspend operations. recommendations from this study are far reaching in that they highlight areas Aug 8, 2024 · In 2023, Ivory Coast’s gold production reached a record high with the opening of new mines, signaling continued growth in this sector. Whether it is filing a mine or researching one, the administering BLM office is going to be the definitive source. Gold production in Australia had another high-performing year, reaching 310 MT in 2018, up from 300 MT in 2017. 8. list of mining companies in zimbabwe. The primary mining method employed is breast stoping. Dallaglio Investments. With extensive gold reserves, Zimbabwe’s economy heavily relies on gold mining. Guinea. Gold is found in contact with the sulphides, often in fractures, although there is also some free gold. However Feb 5, 2024 · Tanzania’s gold mining industry is a critical part of its economy, contributing over 4% to its GDP. value addition of minerals in Zimbabwe. Feb 7, 2025 · How Mine will spend US$3,62 million in capex for 2025, US$1,81 million in 2026, and US$7,55 million in 2027 as part of its expansion plans. mines for sale zimbabwe. As we navigate the exciting opportunities in the heart of Africa’s richest mining regions, Mopani Gold welcomes you to be a part of our journey towards In-order to incorporate the open pit mining, upon completion of the DFS, a full EIA is required to be undertaken and an EIA certificate obtained; The Mine operates under a valid mining lease 32 (or ML32) which was issued for gold mining and encompasses 540 ha. . • Systematic mining ceased in the 1930’s at most deposits • >30 deposits produced >10t gold each • >900 deposits produced >100kg each • Highest production recorded 28. With a 20-year production history, FRGM has been a stalwart in the gold mining sector. 5 kilograms (kg) of gold]; other precious metals, 4%; base metals, coalbed methane, and Gold; Mining Method: Sub-level stoping; Mine Life Snapshot: Mazowe mine is one of the oldest mines in Zimbabwe. It holds the world's second-largest platinum deposits and substantial chromium ore reserves. Guinea is a significant gold producer in Africa, with the country’s gold mines contributing to its economy. 4% in 2022. 1 tonnes in 2023, and surpassing the previous record of 35. Processed old ROM boulders and re-treated the HL. Zimplats Mine in Mashonaland West, was the largest mine in Zimbabwe, producing approximately 7. Top 10 gold producing Countries in Africa include south Africa, Ghana, Burkina Faso, Mali, Sudan, Tanzania, DR Congo,Côte d’Ivoire,Guinea and Zimbabwe. ML32 is issued in the name of previous Mine owners, Metallon Gold Zimbabwe (Pvt) Ltd. Following the accounts of the Portuguese, and information gathered by 19th century explorers and hunters, a lot of interest on Zimbabwe’s gold Mar 2, 2023 · According to the Ministry of Mines and Mining Development, gold has been mined and explored in Zimbabwe since ancient times. From precious metals like gold and platinum to industrial minerals such as lithium and coal, the nation’s subsoil harbors immense potential for economic growth and global trade. A feasibility study prepared by the vendors (DRA) indicates the potential for an open-pit gold mine producing an average of 168,000 ounces per year over a 10-year life of mine. 9 kilograms of gold and usd$200,000 in cash hidden within the door panels of a Zimbabwe vehicle registered to a Chinese national. Unless Zimbabwe addresses these issues and diversifies its economy, its well-being will continue deteriorating. The most commonly listed primary commodities in Zimbabwe mines are Copper , Chromium , and Gold . The most commonly listed primary commodities in Manicaland mines are Silver , Gold , and Beryllium . Modest in nature and quite in its activities, the Anglo platinum owned miner, Unki has been doing well and this has been seen through projects put in place Zimbabwe German Graphite Mines (PVT) Ltd. Understanding Location Data. INSIDE MINING ZIMBABWE 05 12 Gold Sponsor With gratitude to our sponsors and partners who have made this issue a success Kuvimba Mining House Chief Executive Officer. Jan 7, 2025 · Zimbabwe’s largest artisanal and small-scale miners’ representative body, the Zimbabwe Miners Federation (ZMF), is set to host a strategic meeting this month to solidify partnerships aimed at achieving a record-breaking 40 tonnes of gold production in 2025. SMALL 5 days ago · Mining Zimbabwe is your go-to platform for mining news expert analysis, mining events, investment opportunities, gold, lithium, platinum Top 10 opportunities Jun 6, 2023 · GOLD Caledonia Mining Corporation Plc/ Blanket Mine (Shaft Expansion) The government of Zimbabwe signed a Memorandum of Understanding with Caledonia Mining Corporation Plc on 5 October 2020 for the expansion of Blanket Mine. 3%. 8 tonnes, reflecting an 21% increase from 30. May 5, 2020 · According to the Ministry of Mines of Zimbabwe, “gold mining and exploration in Zimbabwe has been going on from ancient times and it is estimated that a third (about 700 tonnes) of all historical gold production was mined locally from the seventh century until the introduction of mechanised mining methods with the arrival of Europeans about a Mar 2, 2024 · Zimbabwe’s mining profile differs from many other countries in Africa, such as South Africa, the Democratic Republic of the Congo (DRC), and Ghana, that tend to rely on a much smaller range of minerals and fewer large-scale mines (Weng et al. This follows the country’s remarkable gold deliveries of 36. Deforestation and mercury pollution from gold mines have contaminated waterways. [10] In 2012, China International Mining Group Corporation spent $21 million to recapitalise BNC. The Mines and Minerals Act is The Renco Gold Mine, located in Masvingo, Zimbabwe, is an underground mining operation. 5 billion. The mine has been a consistent low-grade, high-volume producer, carving its niche in the mining landscape. The mines were acquired from Anglo American Corporation Zimbabwe Limited (AMZIM) in 2003 together with most of AMZIM’s gold mineral rights in Zimbabwe. Dec 20, 2024 · The mining sector remains the backbone of Zimbabwe’s economy, contributing significantly to GDP and export revenues. This article is a very abbreviated summary from the following publications which readers may well want to follow-up. 4 million tons (mt). Zimplats Mine in Mashonaland West, was the largest underground mine in Zimbabwe, producing approximately 7. Read More List of Mining & Metals Companies In Zimbabwe In 2025. Together we strive to innovate, explore, build, and operate gold mining assets in a world class way. Understanding Townships In September 2011, the company received a $10 million dollar loan to pay for operations while the company sought restart funding. 64 kg (65%) Oct 23, 2024 · He co-founded Reunion Mining, discovered the Maligreen gold deposit and developed the Sanyati copper mine in Zimbabwe and the Dunrobin gold mine in Zambia. 2 / bbl 1. Zimbabwe boasts a rich and diverse geological landscape that has earned it a prominent place on the global mining map. Background: Gold mining in the Renco area started as early as the 15th century when artisanal miners Feb 13, 2025 · Kuvimba Mining House, under its new CEO, is looking to secure funds to develop lithium, platinum and gold assets. in The mining industry of Zimbabwe is highly diversified, with close to 40 different minerals. 2. Categories: Mining May 7, 2020 · Gold. Our vision is to become Zimbabwe’s leading gold mining company, creating value for our people now and in generations to come. Dec 26, 2019 · The list of the deepest mines in the world is dominated by South African gold mines with a whooping 6 mines on the list. Dallaglio Investments Dallaglio is a gold mining company with the potential to become Zimbabwe‘s largest producer, producing 4 tonnes of gold annually. In August 2024 Zambian authorities seized 29. Zimbabwe. 4%, resulting in 0. The principal piece of legislation governing mining activities in Zimbabwe is the Mines and Minerals Act of 1961 [Chapter 21:05] and the various regulations made thereunder pertaining to management of mining sites, health, sanitation, safety, milling and other mining-related activities. 000 kg in Dec 2022. 84t (1918) • >90% deposits occur associated with Archaean greenstone belts and surrounding granitoids • Richest greenstone belts in the world Nov 30, 2023 · The Morila Gold Mine, known as “Morila the Gorilla,” is a renowned open-pit gold mine globally, producing over 7. Freda Rebecca Gold Mine . Mar 18, 2019 · THERE are plenty opportunities available in Zimbabwe’s mining sector that could be exploited by both local and foreign investors. Dallaglio Investments, a subsidiary of Padenga Holdings, has been making notable strides in Zimbabwe’s gold mining sector, driven by strong performance at its Eureka and Pickstone Peerless Mines. ZCDC was listed in the top ten operating mines in Zimbabwe in 2018 and 2019 by Mining Zimbabwe. The introduction of the gold-backed currency, Zimbabwe Gold (ZiG), is expected to further boost production in 2024 4 days ago · Furthermore, mining attracted one of the largest projected investment values of US$3. Mine handled by the Bureau of Land Management are not mapped by latitude and longitude, instead, these mines harken back to the Public Land Survey System. The second largest mine with approximately 2. However, the introduction of Structural Adjustment Programs in the beginning of the 1990s saw a sharp increase in artisanal gold mining activity in Zimbabwe (Spiegel, 2009). Aug 23, 2024 · Over the five years to 2022, production from Zimbabwe increased by a CAGR of 0. 1990; 605–784. In 2015, gold production was 97,000 ounces and the target is 100,000 ounces. Jan 11, 2025 · Gold Mobilisation task force must conduct throughout vetting to determine their contribution in gold submissions. 8 billion tons of platinum group Recorded production figures show that Shamva Mine has produced 2,315,814 ounces of gold from 28,466,711 tonnes of ore over its life from 1909 to March 2013, for a recovery grade of 2. INSIDE MINING ZIMBABWE. 1990–06–08. The Ministry of Mines and Mining Development set a roadmap to create a US$12 Billion industry by 2023 as a contribution to Vision 2030 with lithium being one of the key minerals Manicaland has 10 identified mines listed in The Diggings™. RZM Murowa Mine is a 24-hour open pit diamond mining operation. If the list was to be of the top ten deepest operating mines then another South African mine South Deep mine with a depth of 2. The Portuguese occupied parts of the country in the 17th century and traded in gold with local miners. Although the mine is slowly getting back on track after it was placed under judicial management , following the suspension of operations in 2014, there’s no doubt that it still faces debt problems and also needs a massive cash A review of the legal framework governing gold mining in Zimbabwe revealed that the Mines and Minerals Act 22:05 of 1961 can be the main problem for companies failing to apply the doctrines of social responsibility and Permanent Sovereignty over Natural Resources. The second largest underground mine with an estimated 2. FRGM efficiently extracts gold from its deposits through a combination of opencast and underground operations. 5 million ounces of gold since 2000. Headquartered in Johannesburg, South Africa, the company has a market capitalization of US$8. pdf | timelison. The yellow metal is one of the most mined minerals in Zimbabwe. 48 tonnes of gold in 2024, marking a 21% increase compared to 2023 and surpassing the industry target of 35 tonnes, despite rising costs and policy concerns. The Chamber of Mines reported gold output reached an all-time high of 37. Apr 29, 2019 · Gold mines established by white settlers included Sabi Gold Mine, established in 1890; Jena Gold Mines, opened in 1899; and the Blanket Gold Mine which is one of the biggest gold mines in Zimbabwe. Mining Operations. Mar 25, 2025 · The company’s exploration efforts are concentrated on reviving historic high-grade gold mines in Zimbabwe, with a particular emphasis on bulk mining possibilities. Mine production: 310 MT. Address: 3 Trafford Rd, Heavy Ind Sites, Gweru, Zimbabwe, Zimbabwe. However, the most recent survey conducted by the ZNCC indicates a decline in this positive trend, with the index falling to -0. 32969 Gold mining in Zimbabwe . The mine consists of underground workings, including 1 adit and 1 incline. RZM Murowa. Firefinch acquired Morila for $28. RANKED: World’s top 10 gold mining companies. Categories: Mining Companies Corporations Feb 29, 2024 · 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. 9 million in late 2020, aiming to increase production by targeting 70–90 kozpa of gold from satellite pits, stocks, and tailings. 2. 22. In the table below are Minerals found in Zimbabwe and the areas of verified deposits. NEWS. 8x and its 9-year average of 8. Expenditure controls and Apr 21, 2023 · Gold. (1) Caledonia Mining Corporation The Matabeleland based gold miner despite it being a mid-tier gold producer has managed to outperform its peers in the mining sector. study adopted a case study approach focusing on three key minerals and mining areas in Zimbabwe covering gold mining in manicaland, chromite mining on the great dyke and gemstone mining in mashonaland west. Manicaland has 3 prospect mines. The mine produced 119,244 ounces of gold from 2013 until it was placed under care and maintenance in 2019. The project is now under implementation. Zimbabwe Gold Production data is updated yearly, averaging 18,916. Our experienced team of mining professionals use cutting-edge technology to extract gold from the earth and process it to the highest standards. Map of 245 mines filtered by commodity, disposition, development status, and record type in Zimbabwe. The increase was driven by a Nov 18, 2024 · STATUTES : REGULATIONS: Mines and Minerals Act Chapter 21:05, Minerals Marketing Corporation of Zimbabwe Act Chapter 21:04, Finance Act Chapter 23:04, Income Tax Act Chapter 23:06, Labour Act Chapter 28:01, Gold Trade Act 21:03, Precious Stones Trade Act Chapter 21:06, Zimbabwe Mining and Development Corporation Act Chapter 21:08, Base Minerals Export Control Act 21:01, Copper Control Act Zimbabwe's mining sector is diverse, encompassing nearly 40 minerals, with key ones including platinum group metals (PGM), chrome, gold, coal, lithium, and diamonds. Apr 21, 2025 · Despite gold's price slump, strong copper and iron ore prices lifted MINING. Apr 21, 2023 · Endowed with over 4,000 recorded gold deposits, Zimbabwe boasts the second largest gold reserves per square kilometer in the world. Zimbabwe Call us +263 (4)334517 / (4)334507 +242 334 390 +263 334 384 Email us. Jul 6, 2023 · The Arcadia lithium project in Goromonzi is owned by one of the world’s biggest battery metal producers, Zhejiang Huayou Cobalt’s Prospect Lithium Zimbabwe (PLZ). Mazowe Mine is one of the oldest mines in Zimbabwe and exploration and development in this region dates back to 1890. They are Follow the Money: Zimbabwe. Our interactive gold mining map provides a breakdown of the top gold producing countries in the world, which demonstrates the geographical dispersion of gold mining operations and the gold supply. Sabi Gold Mine. 99 km would also make that Nov 28, 2023 · The Bikita mine has been ranked as the largest lithium mine in Zimbabwe. 53 mmtpa of ROM and primarily Dec 2, 2024 · Blanket Mine remains a key driver of gold production in Zimbabwe, showing resilience despite challenging operational conditions. We are committed to responsible and sustainable mining practices, and strive to create The document contains contact information for various mining company representatives in Zimbabwe, including names, positions, phone numbers, emails, and addresses. All Rights Madhatter Mining Company (PVT) Ltd. 2022 COMZ. Zimbabwean Government Gazette. products at the mine sites and are payable to the Zimbabwe Revenue Authority. 9. See full address and map. Zimbabwe is rich in mineral resources such as platinum, gold, diamonds, and chrome. MINERAL FOCUS. Namib plans to restart its Dec 13, 2018 · Zimbabwe is renowned for its vast mineral resources, boasting a wide variety of economically significant deposits that form the backbone of its mining industry. List of best Gold Mines in Zimbabwe of 2025. put Mazowe mine on care and maintenance. The mine consists of underground workings accessed through two shafts, with a maximum subsurface depth of 550 meters (1,804 feet). With close to 40 different minerals including abundant deposits of gold, platinum, diamonds, lithium, coal, chrome, nickel, and a host of other valuable minerals the country stands as an attractive location for investors seeking emerging opportunities in the mining sector. Nov 13, 2023 · However, there is a prevailing sense of pessimism regarding Zimbabwe’s mining outlook. , 2011), with the result that large-scale mining used the Mines and Minerals Act to secure exclusive prospecting orders that barred small-scale miners from obtaining prospecting and mining licences covering certain mineral-rich regions Dec 16, 2022 · South Africa, Ghana, and Sudan are among the top gold producers in Africa, and they have been producing gold for centuries. 30. The Zimplats Mine is owned by Impala Platinum Holdings Ltd, and is due to operate until 2059. Claim disputes are exacerbated by Zimbabwe’s manual system used to peg claims which leaves room for corruption and abuse of the system. Although the sector has become increasingly important as a source of foreign currency in the country, policy prospects for supporting miners are dire, as the government requires that all gold mined be sold to the Federal Reserve Bank, despite government Feb 11, 2019 · CONTACT US 4th floor Fidelity Life Towers, Harare +263 772 701 730 RSA Johannesburg Exxusia Trading and Consulting Mar 1, 2023 · Artisanal gold mining can be traced as far back as the precolonial era in Zimbabwe when people used to trade with the Portuguese and Arab traders. This latest discovery at the Hillside Project has sparked investor excitement, driving Kavango’s share price up to 0. Miners work in unsafe conditions without proper equipment, leading to respiratory illnesses. Mining Zimbabwe can confirm that small-scale miners maintained their dominance, contributing nearly two-thirds of the total gold delivered. Gold mining and exploration in Zimbabwe, according to the Ministry of Mines and Mining Development, has been going on from ancient times and it is estimated that a third (about 700 tonnes) of all historical gold production was mined locally from the seventh century until the introduction of mechanized mining methods with the Mar 26, 2020 · Zimbabwe is endowed with over 63 Minerals, including Gold, Lithium, Platinum, Coal, Chrome, Copper, Diamonds and many others, making it a heaven for mining investment. Small-Scale Miners: 23,745. CONTACT US 4th floor Fidelity Life Towers, Harare +263 772 701 730 RSA Johannesburg Exxusia Trading and Consulting Mar 1, 2009 · The present article was written during what has clearly been one of the most difficult periods in Zimbabwe's recorded history of mining. It is a tribute to the strength of the asset and the adaptability of the company on the ground that it managed to be one of the Jun 9, 2021 · The Government’s objective was to ensure that there would be transparency, accountability and optimal commercial exploitation and marketing of diamonds in Zimbabwe. 2 7 mines were in production at the time the data was entered into USGS records. One of its flagship gold mines is Vubachikwe, which is one of Zimbabwe’s oldest gold mines and also Gaika, Queens mine amoung others. Sep 16, 2013 · Zimbabwe's billion dollar gold-mining industry is crucial for the country's struggling economy but, traditionally, more than half the country's population ha Oct 1, 2024 · “According to our PEA, Bilboes will produce 1. With high-grade mines in Kenya and Zimbabwe, we focus on rehabilitating old or under-explored gold assets, aiming for early production opportunities and significant exploration potential. 53g/t gold. Categories: Mines & Mines Exploration Find Gold Mines in Zimbabwe and get directions and maps for local businesses in Africa. [7] In 2012, after it was closed, BNC stated that it would again begin underground operations at Trojan Nickel Mine. Placed on Care & Maintenance in 2006. Nov 23, 2009 · Freda Rebecca gold mine, located 90km northeast of Harare in Zimbabwe, has proven reserves of 2. 13140/RG. Buy the report here. [2] Metallon Corporation is the 100% owner of three gold mining companies in Zimbabwe. Australia. Mining and metals companies in Zimbabwe are a crucial component of the country's economy. 3 tonnes in 2022 to 30. Feb 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. In fact, Zimbabwe has since the 1990s adopted a stance that prioritised large-scale mining (Kanyenze et al. What needs to be done to improve ASM in Zimbabwe. 4x. Over the last two decades, the Zimbabwe mining industry has become increasingly concentrated in terms of the number of mineral commodities produced and commodity distribution of mineral Jan 5, 2025 · Gold deliveries to Fidelity Gold Refinery (FGR) saw a substantial increase of 26. The underground mine’s economic horizons include the Vaal Mar 12, 2018 · Ranked by value of output in 2015, Zimbabwe’s top 10 mineral commodities are as follows: platinum and other PGMs, gold, diamonds, nickel, coal and chromite. Zimbabwe Gold Production was reported at 37,355. The mining industry contributes significantly to Zimbabwe’s GDP and is one of the largest employers in the country. Royalties for diamond are 15%; other precious stones and platinum, 10% each; gold, 5% for large-scale miners [defined as greater than 0. Dec 25, 2012· Mining was Zimbabwe 's leading industry in 2002, contributing 27% of export trade. Address: MMCZ Bldg, 90 Mutare Rd, Msasa, Harare, Zimbabwe, Zimbabwe. The mine holds 10. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Platinum Mining to 2030 report. He is also the founder of the National Environmental Awareness Trust (NEAT). By Rudairo Mapuranga. fie Chamber of Mines of Zimbabwe 2022 Annual Report 7 2022 Annual Report Mining Industry Key Highlights 10% mining sector growth 15% 10% Gold deliveries up Diamond output up Mining industry formal employment 81% Mineral exports Capacity Utilisation growth in mineral exports 18% 53,000 2022 - Key Highlights USD5. newZWire reported that the 2024 gold production exceeded the previous record of 35. The mining sector contributes approximately 10% of the Gross Domestic Product in Zimbabwe and just over 50% of the export earnings, driven mainly by the production of Gold, Platinum Group Metals (PGMs), chrome, nickel, diamonds, copper, lithium, coal, graphite, granite stone, phosphates and limestone. Dec 26, 2019 · See also Top ten gold producers in Zimbabwe 2018. DRC (Democratic Republic of Congo) Zimbabwe’s mining sector stands at a crossroads in 2025, poised for robust production expansion yet facing considerable headwinds that threaten to erode profitability. 10. Gold mining in Zimbabwe has caused significant environmental and health problems. 48 tonnes in 2024 The mining rights are held through mining claims, a mining lease and a special grant covering a total area of 2 736 hectares. 1 10 mines were in production at the time the data was entered into USGS records. The mining index, as measured by the Zimbabwe National Chamber of Commerce (ZNCC), experienced a notable growth of 9. The mine is located in the South-East of Zimbabwe in Nyajena communal lands, approximately 75km southeast of Masvingo. Located in the southern part of Zimbabwe’s Gold belt, this open-pit mine lies in the centre of a mineral-rich province called the Mberengwa District. Metallon is Zimbabwe's largest gold mining company [1] operating three gold mines throughout the country. mine for sale in zimbabwe. May 21, 2019 · Bilboes own and operates four gold mines namely Isabella, Bubi, When and McCay’s ‘existing mines’ all in the Bubi Greenstone Belt of Zimbabwe. From the seventh century until the introduction of mechanized mining techniques with the arrival of Europeans about a century ago, it is estimated that a third (or about 700 tonnes) of all historical gold production was Key information about Zimbabwe Gold Production. 04. 45 per metric ton Feb 23, 2024 · 2005-2018: Shaft-Sinkers (Mmakau Mining/IDC): Deep drilling for UG mining (22 holes; 9,407m). 52 Moz of gold over a 10- year mine life at an average Life of Mine (LoM) AISC of US$968/oz. Oct 18, 2024 · “According to our PEA, Bilboes will produce 1. 8 tonnes in 2024 gold output in Zimbabwe continues to soar. The predominant minerals mined by the industry include platinum , chrome, gold , coal , and diamonds . 3 tonnes achieved Dallaglio Investments is a subsidiary of Padenga Holdings and is a gold mining company located in Zimbabwe, which develops and operates commercial scale gold mines. While at Reunion he led the team that addressed the metallurgical issues with the Skorpion zinc deposit in Namibia, which the company had acquired from Anglo American. 6bn Oct 21, 2023 · Dallaglio Investments is a gold mining company located in Zimbabwe, which develops and operates commercial scale gold mines. 17298. Total Prospects Once operational Eureka will be one of the largest and most technologically advanced mines in Zimbabwe. 93 thousand tonnes) in 2021. It lists over 50 contacts from over 30 different mining companies in cities across Zimbabwe. Blanket Gold Mine Renco Gold Mine – Owned by RioZim Limited, located in Masvingo Province, Zimbabwe, and operates with mining claims under its name. In 2024, Namib Minerals acquired the Mazowe mine from Metallon Corporation Limited. May 8, 2024 · In the heart of Zimbabwe's mineral-rich terrain lies a league of mining enterprises driving the nation's economic engine. 98 billion and reported revenues Top Metals & Mining General companies in Zimbabwe - May, 2025 Listed below are the leading companies in Zimbabwe by revenue as of May 2025. 1 Zimbabwe has 26 prospect mines. Dec 1, 2019 · PDF | On Dec 1, 2019, Lyman Mlambo published The Performance of the Zimbabwe Mining Sector in 2019 | Find, read and cite all the research you need on ResearchGate Dec 23, 2024 · KAVANGO Resources, a company listed on the London Stock Exchange with gold projects in Zimbabwe, has made a significant financial move by securing £10 million (US$13 million) as part of an Sources. FEATURE ARTICLE: Top ten Operating mines in Zimbabwe 2019 (full story on page 16) 20. Address: 74 A Moffat Ave, Burnside, Bulawayo, Zimbabwe, Zimbabwe. Lease, Option, & Joint Venture Available. Mining (Management and Safety) Regulations 1990 (SI 109 of 1990). Vast Resources holds Feb 18, 2020 · Unki Platinum Mine, Zvishavane Zimbabwe The platinum miner last year commissioned its US$60 million making it one of the leading miners in Zimbabwe in terms of production and profitability. With $614. Following the liberalisation of mining in the early 1980s, Zimbabwe has become one of the most valuable emerald iron ore and gold sources in the world. Sep 29, 2021 · Located on the northwestern rim of the Witwatersrand Basin, the Doorkop gold mine is concentrated on the South Reef orebody. This trend is expected to continue throughout 2024, with a potential influx of new exploration licences granted by the Zimbabwe Ministry of Mines and Mining Development. MOAB KHOTSONG GOLD MINE – 808 KOZ. As the country’s largest export, gold is vital to Zimbabwe’s economy, serving as the primary driver of growth in the near term and attracting the most foreign direct investment into the country. The privately owned mine located in southern Zimbabwe in Masvingo Province holds the world’s largest-known lithium deposit at approximately 11 million metric tons. Mazowe Mine comprises two underground operations; Mazowe and the BSV sections. Top 10 gold producing Countries in Africa 2024. More than 90% of gold deposits in Zimbabwe are associated with the greenstone belts – some of which are the richest in the world. Caledonia will conduct its own feasibility study to identify the most judicious way to commercialise the Project to optimize shareholder returns. Great Dyke . Gold in Zimbabwe is confined, mainly, to hydrothermal vein and shear zone deposits found exclusively in rocks of the basement complex age formed about 2 400 million years ago – or more. The PEA estimates the NPV – using a 10% discount rate and a three-year trailing average gold price of US$1 884/oz – at US$309 million and the ungeared IRR at 34%. Some silver occurs with the gold, increasing from 4% to 8% of gold as mining progresses down-dip. 4x versus peers at 11. Eureka is a modern gold mine designed to produce up to 70,000oz of gold per annum from an open pit operation Pioneer Mining & Prospecting Co. Top 10 Mineral Producing African CountriesHere are the ten leading African nations that exported the greatest quantities of natural resources in 2022, generating significant revenue from their large mineral reserves Complete List of Claims, Mineral Properties, Deposits & Mining Projects For Sale in Zimbabwe . 4M in revenue. In the colonial period, gold mining became more systematic, contributing significantly to Jun 23, 2023 · At current levels, prices for VFEX listed gold miners however seem full so we give a HOLD recommendation with view of accumulating into weakness. 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. 2015). A Rapid Assessment of Gold Supply Chains and Financial Flows Linked to Artisanal and Small-Scale Gold Mining in Zimbabwe written by Marcena Hunter with help from Mukasiri Sibanda of the Zimbabwe Environmental Law Association (ZELA Dec 14, 2018 · Below, Mining Zimbabwe takes you through some ten mines that could offer higher returns if revived. In 2018, Metallon Corporation Ltd. [11] Jun 25, 2024 · At a country level, China was the largest producer in the world in 2023 and accounted for around 10 per cent of total global production. This records an increase from the previous figure of 31,486. COM's ranking of the world's 50 most valuable miners to a new record high of $1. In 2024, the mining firm channelled US$1,97 million Contact info Location. 53 mmtpa of ROM Dec 29, 2024 · The mining sector remains the backbone of Zimbabwe’s economy, contributing significantly to GDP and export revenues. 19%. Government of Zimbabwe. How young women can be incor-porated into small scale mining. 6 tonnes set in 2022. The country boasts large-scale gold mines, including the famous Geita Gold Mine, one of the largest gold mines in Africa. Padenga Holdings is listed on the Victoria Falls Stock Exchange. 65% in 2024 compared to 2023, largely driven by small-scale miners whose deliveries surged by over 21%. dwptso qix cltiyiq cqop eulnsk bhvi rcpxd vrxu ektagu qdx egmt aazk fnwku zntb hbij