Fidelity sees jump in gold deliveries on prompt payments
ZiG has depreciated by over 40% on the formal market and 50% on the thriving parallel market since its debut in April.
By Nizbert Moyo
Oct. 15, 2024
Gold mobilisation national taskforce dispatched to shore up deliveries
Speaking at the second gold mobilisation send-off workshop held in Harare yesterday, Mines and Mining Development minister Winston Chitando said global demand for gold was on the increase.
By Chantay Ruswa and Lawrence Maphosa
Sep. 17, 2024
Fidelity moves to preserve cash reserves
Gwata outlined Fidelity’s focus on preserving its cash reserves while making targeted investments to ensure long-term sustainability and growth in the company’s 2023 annual report.
By Tafadzwa Mhlanga
Jul. 24, 2024
PSMAS bosses removed from remand
It is the State’s case that sometime in 2020, the PSMAS board resolved to venture into gold trade.
By Trevor Mutsvairo
Jun. 24, 2024
Artisinal miners to blame for falling gold deliveries
Gold is Zimbabwe's top export, followed by platinum and tobacco, mining in general accounts for more than 75% of the country's exports.
By Julia Ndlela
Jun. 14, 2024
Fidelity profit rises by 1 000%
In terms of assets, these were valued at ZWL$483,77 billion, up nearly 79% from the 2022 comparative, driven by investment properties.
By Belinda Chiroodza
May. 7, 2024
Zim’s export receipts nosedive
The price decline for PGMs was mainly attributable to abundant supplies in the face of deteriorating global macro-economic conditions which generated subdued demand.
By Mthandazo Nyoni
Apr. 10, 2024
Zimbabwe’s gold production up 25%
According to statistics obtained by Standardbusiness last week, small-scale miners produced 1 895,9 kg, up 32% compared to the same period last year.
By Belinda Chiroodza
Feb. 11, 2024
Gold miners push for loans to fight plummeting output
Ramping up gold output will be important for Zimbabwe, which has struggled to generate enough foreign currency on the official markets.
By Julia Ndlela
Jan. 19, 2024