Namib Minerals is bringing Redwing Mine back into production ahead of schedule, with the company targeting its first gold pour in November 2026. The accelerated restart follows Zimbabwe’s new rules for foreign-owned operators in the small- and medium-scale gold mining sector.
Caledonia Mining Corporation has signed financing agreements worth up to US$150 million with a consortium of Zimbabwean financial institutions to support construction of its Bilboes gold project.
Kavango Resources has received regulatory approval to operate a 50-tonne-per-day gold processing plant at its Hillside Gold Project in Zimbabwe, completing a key step in its plans to increase production from its local mining operations.
Tharisa priced a $300m, five-year bond on 11 September 2026 through its Arxo Finance subsidiary to complete construction of the Karo Platinum project in Zimbabwe, targeting first ore to the mill in late 2027.
The Zimbabwe Anti-Corruption Commission has arrested a director of Orequest over an alleged scheme to smuggle more than 720 tonnes of raw lithium ore to Mozambique using fraudulent export papers.
Tharisa has secured a $300m five-year bond at an 11% coupon to fund the balance of its $545m Karo Platinum project, where first ore to the mill is now expected in the fourth quarter of 2027.
NYSE American: CMCLGoldCaledonia MiningGold miner incorporated in 1992 and now domiciled in Jersey, best known for acquiring Zimbabwe's Blanket mine in 2006. Its shares trade on the NYSE American with depositary interests on London's AIM market.
JSE: IMPPGMsImplatsOne of the world's largest PGM producers, incorporated in 1966 and headquartered in Illovo, Johannesburg. Implats mines on the two richest PGM ore bodies, South Africa's Bushveld Complex and Zimbabwe's Great Dyke, and also runs Impala Refining Services, which toll-treats metal for other producers.
SZSE: 002738Battery metalsSinomine Resource GroupChinese mining and mineral-services company founded in 1999 and listed in Shenzhen, which moved into African lithium in January 2022 by acquiring Zimbabwe's Bikita mine for $180m. It has since invested a further $200m expanding processing capacity there.
ASX: ZIMPGMsZimplatsPlatinum group metals producer incorporated in 1994 and registered in Guernsey, majority owned by South Africa's Impala Platinum. It is the larger of the two big PGM miners operating on Zimbabwe's Great Dyke.
