GREEN MINING GOLD FUND

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SMALL-Scale and artisanal miners have welcomed a decision by the Reserve Bank of Zimbabwe (RBZ) to temporarily halt plans to withhold 10 percent foreign currency from gold producers, allowing the sector to retain 100 percent of export proceeds. zbcnews.co.zw/rbz-move-spark…

🚨🚨 BREAKING: Gold price falls below $4,500, marking its biggest weekly drop since 1983.

RBZ Monetary Policy: Exporters will continue to receive 30% of their export earnings in ZiG. However, there’s a change for small-scale miners, who supply the bulk of Zimbabwe’s gold. Previously, they were paid 100% in USD when selling gold to the RBZ’s Fidelity. Now, they will receive 90% of their payment in USD, with the remaining 10% in ZiG.

Gold Dominates Zimbabwe’s January 2026 Exports at 51.5%. Zimbabwe’s export sector started 2026 strongly, with semi-manufactured gold accounting for 51.5% of total exports in January. Tobacco ranked second at 24.3%, while nickel mattes contributed 7.5%, confirming the continued dominance of mining and agriculture in driving foreign currency earnings. Other exports included nickel ores, mineral substances, coke, ferro-chromium, iron and steel products, and chromium ores, bringing total exports to 100%. The figures underscore gold’s critical role in anchoring Zimbabwe’s trade performance at the start of the year.

#2026MonetaryPolicyStatement Gold reserves Zimbabwe now has 4.2 tonnes of gold in reserve, up from 1.5 tonnes in April 2024. In 2022, Zimbabwe introduced a law compelling miners to pay part of their royalties in physical gold.

🔥JP MORGAN SLIPS: SEES GOLD AT $9,300 IN A MONETARY RESET 🔥 💥"If existing US gold holdings were to back up all US$ in circulation…~$9,300/oz.” -JP Morgan GoldFix: JPM Sees $9300 Gold Peak In Monetary Reset Repricing the Floor: Long-Term Gold Framework Revised JPM revises its long-term gold pricing assumptions across the North American mining sector using a five-component framework tied to cost support, allocation shifts, and reserve dynamics. Scenario analysis interestingly enough seems to bury the lede and suggests gold equilibrium levels between $5,900 and $9,300 per ounce under varying monetary regime outcomes, with implications for institutional positioning and producer valuation. Repricing the Floor: Long-Term Gold Framework Revised "If existing US gold holdings were to back up all US$ in circulation…~$9,300/oz.” -JPMorgan A February 25, 2026 North America Equity Research report introduces a revised long-term pricing framework for gold within the listed North American mining complex. The update reflects an adjustment to long-duration bullion pricing assumptions, now incorporating a $4,500 per ounce long-term gold price. The revised framework aligns with broader commodities outlooks for gold prices exceeding $6,300 per ounce by year-end 2026, contingent upon continued macroeconomic and allocation shifts. Continue Reading at GoldFix: vblgoldfix.substack.com/p/special-jpm-…

Samsung was founded in 1938 as an exporter of fruit, vegetables and fish. Today, it’s worth $1 trillion.

#DemocraticRepubliOfCongo’s central bank will begin purchasing #gold for its monetary reserves from a state-owned trader. DRC Gold Trading SA will partner with the central bank to provide gold from Congo’s #artisanal mining sites. mining.com/web/congo-cent…

Caledonia has picked Stanbic and CBZ to arrange a US$150M facility to fund its new gold mine project newzwire.live/caledonia-pick…

Cleaning out my closet and found 5g of gold I bought like 7 years ago when I was first reading Mises lol

Another fascinating look inside the Bank of England's gold vaults. We visited the vaults with Idris Elba for our documentary Gold: A Journey, which you can also watch here: spr.ly/6011h9raS spr.ly/6018h9rao

NDS2 It is a pivotal moment for Zimbabwe’s economic landscape. Moving from a resource-based to a value-added export model is essentially the "level up" required to stabilize the currency, create industrial jobs, and insulate the economy from the volatility of global commodity prices. Under the National Development Strategy 2 (NDS2), the shift from "digging and shipping" to "processing and branding" is where the real wealth is generated. The Shift: Raw vs. Value-Added To visualize why this is a national imperative, consider the value chain for typical Zimbabwean exports: | Sector | Raw Export (Current Focus) | Value-Added Goal (NDS2) | | Mining | Lithium ore / Chrome ore | Lithium batteries / Ferrochrome | | Agriculture | Raw tobacco / Cotton lint | Cigarettes / Textiles & Garments | | Horticulture | Bulk fruits | Essential oils / Dried fruits / Juices | Key Pillars of the Export-Led Strategy ✍🏽Beneficiation: By processing minerals and agricultural products locally, Zimbabwe keeps the "value spread" (the difference between the cost of raw materials and the final price) within its borders. ✍🏽Simplifying Trade: Reducing "red tape" at borders and streamlining permit processes through digital platforms is crucial for making Zimbabwean goods competitive in terms of lead times. ✍🏽Global Competitiveness: This involves meeting international standards (like ISO certifications) so that "Made in Zimbabwe" becomes a mark of quality in the EU, UAE, and AfCFTA markets. The Role of the AfCFTA: The African Continental Free Trade Area provides a massive opening here. By diversifying the export basket now, Zimbabwe can position itself as a manufacturing hub for the SADC region and beyond, rather than just a source of raw inputs for other nations' factories.

🟤Kavango Resources Plc plans to ramp up ore production to 250 tonnes per day at an average head grade of 2,5 grammes per tonne in Zimbabwe, targeting output of 8 000 ounces per annum by 2028 as it positions itself to capitalise on firm gold prices. theindependent.co.zw/business-diges…

Gold Deliveries Dip in January. ✳️January 2026 gold deliveries: 3,044.97 kg ✳️Down from 4,941.72 kg in December 2025 ✳️Slightly below January 2025: 3,168.72 kg ✳️Decline attributed to post-holiday seasonality and output consolidation ✳️ASM remained dominant, delivering 2,236.56 kg in January 2026

5000 Tonnes total supply in 2025 33% Jewellery 7% Industrial 60% Investing

Trade Deficit Narrows to 15-Year Low as Exports Hit Record High Zimbabwe’s 2025 trade deficit narrowed sharply to US$404 million, the lowest in over 15 years, as export growth outpaced imports and a strong second-half surplus offset early-year deficits. Key Highlights: -Exports surged to US$9.71 billion, up from US$6.06 billion in 2021, driven by gold, nickel mattes and tobacco. -Imports rose to US$10.11 billion, reflecting higher fuel, maize, fertilizer and machinery bills. -The deficit improved dramatically from US$1.79 billion in 2024 and an average of US$1.6 billion (2021–2024). Turning Point in H2 2025: After a US$824 million first-half deficit, the second half generated a US$423 million surplus, led by strong mining exports. December alone recorded a US$245 million surplus. Export Structure: -Semi-manufactures (incl. processed gold) – 47%. -Nickel mattes – 15%. -Virginia tobacco – 13%. -Gold exports reached US$4.64 billion on record output of 46.7 tonnes. Import Pressures: -Diesel – US$1.17 billion -Petrol – US$520 million -Maize – US$443 million -Fertilizers, wheat, soya and machinery remain significant.

Biggest Central Bank Buyers of Gold since 2020 🚨 China, Poland, Turkey, India, and Brazil

🚨 J.P. Morgan now sees Gold reaching $6,300 per ounce by the end of 2026 - Reuters.