Gold

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Zimbabwe is a gold country. The Archaean terrain of Zimbabwe is, in terms of gold yield per square kilometre, the most productive of its kind in the world. It has been estimated that 700 tonnes of gold, which represents about a third of the country's historical production, were mined crudely from the seventh century to the start of modern mining activity at the turn of the 20th century.

The quest for gold beyond the Limpopo river brought early explorers into the country. Production of gold peaked in 1906 at about 30 tonnes a feat that was nearly achieved in 1999 at 27 tonnes. Since 1999 very little grass roots exploration for gold has been undertaken. Although the country has a long mining history there are many areas that have not been scientifically investigated. In addition, modern exploration techniques that have yielded significant findings elsewhere in the world are still to find their application in Zimbabwe. This provides for exciting opportunities for those willing to take the calculated risk and invest in the exploration of gold.

To aid mineral exploration the Geological Survey of Zimbabwe has vast archives of geo-scientific information in various themes that can be accessed by investors interested in mining. Information is in the form of bulletins, short reports, maps, reports by companies on exploration work, thesis on work done on Zimbabwe and reports by mining companies. Data is available in both digital and analogue format.

Gold production stood at 4.2 tonnes in 2009. Given the peak of 27 tonnes in 1999, opportunities exist for expansion of production capacity at existing mines. A number of projects have been shelved in the past 10 years due to the adverse operating environment experienced.

gold.JPG Gold Production Statistics