Online Reporter
Nqobile Bhebhe, Senior Business hub Reporter
The 2025 Mining, Engineering, and Transport Expo (Mine Entra) is taking place against a resurgent mining sector backdrop, as Zimbabwe’s gold output surged 37 percent to 32,98 tonnes in the first nine months of the year — up from 24,2 tonnes over the same period in 2024.
According to the latest data from Fidelity Gold Refinery, this impressive growth places the country firmly on course to achieve its ambitious 40-tonne national target by year-end.
September emerged as the standout month, with gold deliveries peaking at 4,4 tonnes, marking the highest monthly performance so far this year.
The surge in gold production coincides with an unprecedented rally on international markets, where the precious metal has breached the US$4 000 per ounce mark for the first time in history.
The rally is being fuelled by global investors seeking safe-haven assets amid heightened geopolitical tensions and economic uncertainty across major economies.
For Zimbabwe, gold remains the largest foreign currency earner, underpinning the stability of the Zimbabwe Gold (ZiG) currency alongside other key minerals such as platinum.
The price boom has not only benefited large-scale miners but also ordinary investors who purchased gold coins introduced by the Reserve Bank of Zimbabwe as a value preservation instrument.
Zimbabwe continues to rank among Africa’s leading gold producers, standing shoulder-to-shoulder with Ghana, Mali, South Africa, Burkina Faso, and Sudan — nations leveraging their mineral wealth to bolster exports and foreign reserves.
Zimbabwe’s mining sector experienced significant growth between 2017 and 2023, with mineral export earnings rising from approximately $2.7 billion to over $5.6 billion, with some reports even suggesting revenues reached $9.77 billion by 2023.
This growth was driven by Government initiatives, increased investment, expanded exploration and the strategic development of key minerals like gold, platinum and lithium.
Established over two decades ago, Mine Entra has evolved into a pivotal event for sectors including mining, engineering, transport, and their associated industries.
The exhibition attracts a diverse range of exhibitors, from heavy engineering and equipment suppliers to service providers in logistics, construction, and protective wear.
International participants have hailed from countries such as China, Germany, and South Africa, with significant local representation from Harare and Bulawayo
Bongani Ndlovu