The Zimbabwe Chamber of Mines (ComZ) announced that the country's mining industry is forecasting a strong recovery next year. La ComZ expects exports of 6.5 billion US dollars and a growth in the sector of more than 10%.

The chamber of commerce indicated that growth will be mainly driven by the strength of global commodity prices and by new projects in key sub-sectors, according to the Chamber of trade. According to the CEO of ComZ, Isaac Kwesu, the rebound in gold, of lithium and platinum group metals (MGP) would support profits in 2025 and 2026. According to the latter, “according to the perspectives, the sector Mining is expected to grow by 5.6% this year, thanks to new projects special and to those under way in the gold and coal sectors.”

“Exports are expected to reach a level record of 6 billion US dollars in 2025, mainly thanks to the Strong gold prices.” he said.

Gold was the main engine of this optimism. Its price has jumped by more than 50% since January for reach 4,051 US dollars per ounce, with some forecasts forecasting even at a rate of 4,900 US dollars by the end of 2026.