GOLD NEWS

Zimbabwe: PGMS Earn Zim U.S.$1,3 Billion Over 11 Months

Wed Dec 25 2024

Platinum Group Metals (PGMs) remained Zimbabwe's biggest mineral export, excluding gold, after accounting for 50 percent of the US$2,6 billion shipments recorded in the first 11 months of the year.

The Minerals Marketing Corporation of Zimbabwe (MMCZ), which is responsible for selling all the minerals produced in the country except gold and silver, revealed this at a media appreciation cocktail in Harare on Friday.

Between them, gold and PGMs account for more than three-quarters of Zimbabwe's export earnings while minerals constitute over 90 percent of the country's total shipments annually.

Source: https://allafrica.com/