Mining Zimbabwe

Chinese mining group Zhejiang Huayou Cobalt has completed a full takeover of Zimbabwe’s biggest lithium operation, cementing control over a strategic asset as the country pushes miners toward greater local processing of critical minerals, Mining Zimbabwe can report.

Tania, Vice President for Mining & Metals at Stanbic Bank, sits at the intersection of finance and mining, where she helps shape how African mining projects are structured and funded. In this interview, she shares insights on bankability, risk assessment, and why Zimbabwe must shift from raw mineral exports to value-added industrialisation. Tania, your role as Vice President for Mining & Metals at Stanbic Bank places you at the nexus of finance and mining.

Tania Mandaza, Vice President for Mining & Metals at Stanbic Bank, sits at the intersection of finance and mining, where she helps shape how African mining projects are structured and funded. In this interview, she shares insights on bankability, risk assessment, and why Zimbabwe must shift from raw mineral exports to value-added industrialisation. Tania, your role as Vice President for Mining & Metals at Stanbic Bank places you at the nexus of finance and mining.

Miner Dies at Botha Mine Defying Government Shutdown Orders A miner has died at Botha Gold Mine in Bindura, an operation that remains under a full government suspension order, raising urgent questions about the enforcement of safety regulations and defiance of court directives, Mining Zimbabwe can report.

Gold buying prices in Zimbabwe per gram/ ounce, 24 April 2026, from the official gold buyer and exporter Fidelity Gold Refinery (FGR). 1 oz = 31.1035 g CategoryPrice ($/g)Price ($/oz) SG 90% and above 140.09 SG 85% but less than 90% 138.61 4,311.26 SG 80% but less than 85% 137.13 4,265.22 SG 75% but less than 80% 135.64 Sample (5–10g) 133.42 Fire Assay CASH 140.83 4,380.31 Note: The Fire Assay cash price applies to gold above 100g, with no sample deduction.

To modernise ageing grid infrastructure that chokes mining productivity, a National University of Science and Technology (NUST) student, Weston Mabota, has developed a smart hybrid transformer designed to eliminate oil-filled failures and enable bidirectional power flow from onsite solar plants and electric haulage systems, Mining Zimbabwe can report.

VP Chiwenga Turns to Miners in Renewed Push to Revive NRZ Rail Network Government has placed the mining sector at the centre of efforts to revive the country’s rail system, with Vice-President Constantino Chiwenga renewing calls for bulk commodity producers to anchor the rehabilitation of the National Railways of Zimbabwe (NRZ), Mining Zimbabwe can report.

Unki Output Falls on Lower Grades as Valterra Delivers Strong Q1 Production and Sales Growth Valterra Platinum reported a softer quarter at its Zimbabwean Unki Mine, where output declined on lower grades, even as the group delivered a broader recovery in production, refined volumes, and sales, Mining Zimbabwe can report.

Gold buying prices in Zimbabwe per gram/ ounce, 23 April 2026, from the official gold buyer and exporter Fidelity Gold Refinery (FGR). 1 oz = 31.1035 g CategoryPrice ($/g)Price ($/oz) SG 90% and above 141.17 SG 85% but less than 90% 139.68 4,344.54 SG 80% but less than 85% 138.19 4,298.20 SG 75% but less than 80% 136.69 Sample (5–10g) 134.45 Fire Assay CASH 142.56 4,434.86 Note: The Fire Assay cash price applies to gold above 100g, with no sample deduction.