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New gold tax to cream off US$150m from Caledonia unit
Under the three-tiered structure, gold sold at US$0–US$1 200 per ounce will attract a 3% royalty, US$1 201–US$2 500 will draw 5%, while prices above US$2 501 will incur a 10% royalty.
By Tatira Zwinoira
1h ago
Small scale miners warn Mthuli: Your new gold royalty will only increase smuggling
Gold earnings have been strong this year, rising 88% to US$3.76 billion in the first 10 months, helped by record output and prices near all-time highs above US$4,200 an ounce.
By Newzwire
15h ago
EditorialComment: Government’s gold royalty recipe for disaster
Caledonia CEO Mark Learnmouth said they were also assessing “potential effects on the recently announced economics of the Bilboes Gold Project.”
By The Standard
17h ago
Old Mutual urges small miners to formalise operations to access US$25m energy fund
In an interview with businessdigest, OMZ chief investment officer Benjamini Sithole said small-scale miners should organise themselves to take advantage of the US$25 million fund.
By Concilia Mupezeni and Blessed Ndlovu
Dec. 5, 2025
Zim economy to grow 6%: Report
THE country’s economy is expected to grow by 6,6% this year, fuelled by agriculture, services and mining, a latest Zimbabwe Economic Update (ZEU) report has revealed.
By Lesley Ndlovu
Dec. 5, 2025
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Gold Mafia shadow haunts Zim main airport
South Africa remains a top platinum producer, while Zimbabwe is among the region’s few countries with significant lithium deposits.
By Silas Nkala
Dec. 3, 2025
Mineral earnings expected to rise to US$7bn
MINERAL earnings are expected to end the year at US$7 billion before growing to US$7,5 billion in 2026, buoyed by surging gold prices and a recovery in commodity prices for other minerals
By Blessed Ndlovu
Nov. 27, 2025
Gold ore thief axes miner
Prosecutor Clever Nyapfani alleged that on November 13 around 4 am, Bhangira stormed Stories mine in Mazowe and stole gold ore.
By Simbarashe Sithole
Nov. 23, 2025
Goldswift U1800 Chess Open returns
The second edition of the Goldswift U1800 FIDE Rated Open Chess Tournament is set to take place from November 29–30, 2025, at The Heritage School in Harare.
By Takemore Mazuruse
Nov. 22, 2025
