Zimbabwe Expects Gold to Surpass $3 Billion in 2025

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Researched by Industrial Info Resources (Sugar Land, Texas)--Zimbabwe's gold sector is poised for substantial growth in 2025, with revenues expected to exceed US$3 billion, according to the Chamber of Mines of Zimbabwe's Commodity Outlook report. This growth is being driven by major expansion projects across several mining operations and strong international gold prices.

Gold output is projected to rise to 42 tonnes in 2025, up from 38.5 tonnes in 2024. This increase reflects ongoing investments in the sector aimed at scaling up production and enhancing operational efficiency.

The average capacity utilization in the gold sector is also expected to improve slightly, reaching 96% in 2025, compared to 95% in 2024. This uptick signals improved performance and greater use of installed production capacity.

Key Highlights:

• 2025 gold output projection: 42 tonnes
• 2024 gold output: 38.5 tonnes
• Projected 2025 revenue: Over US$3 billion
• Capacity utilization: 96% (2025), up from 95% (2024)

Several gold mines are implementing expansion projects aimed at boosting output and modernizing equipment, solidifying gold's role as a cornerstone of Zimbabwe's mining sector and its broader economy.

Industrial Info is tracking 31 active gold mining projects in Zimbabwe, with a combined worth of US$1.3 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for the project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).