The country’s gold industry maintained positive momentum in the first four months of 2026, supported by strong performance from large-scale producers and sustained global demand for bullion

Zimbabwe’s gold sector maintained positive momentum during the first four months of 2026, supported by increased output from large-scale producers and sustained international demand for bullion. Official figures showed that total gold deliveries reached 12,636.51 kilogrammes between January and April, according to The Herald, a partner of TV BRICS.

Large-scale primary mining operations continued to demonstrate strong growth dynamics. In April 2026, deliveries from the segment rose by 28.27 per cent year-on-year to 1,213.93 kilogrammes, highlighting the sector’s expanding contribution to Zimbabwe’s mining industry and export performance.

Gold remains strategically important for Zimbabwe as the country’s leading source of foreign currency earnings and a key reserve asset supporting the Zimbabwe Gold currency system.

In 2025, Zimbabwe achieved a historic milestone in the mining sector, with gold exports reaching US$4.61 billion. Total deliveries to the national refinery amounted to 46.73 tonnes, surpassing the annual target of 40 tonnes and reinforcing the country’s position as a major gold producer in the region.

Analysts expect sustained investor interest and central bank purchases to maintain strong conditions for the gold sector in the medium term.

BRICS and partner countries continue to strengthen their resource and industrial sectors through increased investment in mining, energy production and raw material development, supporting long-term economic growth and export potential.

Egypt is moving forward with plans to significantly expand its mining sector, aiming to raise its contribution to GDP to around 6 per cent, according to the country’s Minister of Petroleum and Mineral Resources Karim Badawi. The government is also updating regulatory frameworks, introducing incentives for investors, and leveraging modern technologies, including artificial intelligence, to accelerate exploration and strengthen the role of mining in economic development, reports Daily News Egypt, a partner of TV BRICS.

For its part, South Africa’s mining industry has posted its strongest performance in two years, with production rising by 9.7 per cent year-on-year, according to Statistics South Africa, as reported by African News Agency (ANA), a partner of TV BRICS. The recovery follows a revised 5 per cent increase in January and was largely driven by platinum group metals, which surged by 52.3 per cent, alongside gains in chromium ore, manganese ore, and gold, while nickel and diamond output also showed positive growth. On a month-on-month basis, production rose by 2.3 per cent in February after a 3.7 per cent increase in January, with year-to-date output up 7.3 per cent compared with 2025, supported by easing input cost inflation and relatively stable energy prices.

In addition, Kazakhstan plans to increase coal production to 128.9 million tonnes in 2026, according to Energy Minister Yerlan Akkenzhenov, as reported by Kazinform, a partner of TV BRICS. The country, which ranks among the world’s top 10 in coal reserves with around 33.6 billion tonnes, continues to expand its coal sector to support domestic energy demand and maintain export supplies. In 2025, coal production reached 115.9 million tonnes, up 7 per cent compared to the previous year, with exports directed to countries including Russia, Uzbekistan, India, and Malaysia.

African Times published this article in partnership with International Media Network TV BRICS