Gold
Gold claims for sale in Zimbabwe
Gold is the country’s largest export earner and the one commodity where small-scale producers dominate — which is exactly why registered claims change hands more often here than in any other mineral.
- Gold exports, H1 2026
- US$3.2bn
- Delivered, Jan–Jun
- 21.4 t
- Small-scale share, September
- 72.1%
- Fidelity price, 13 Oct
- US$126.75per gram
Small-scale miners delivered 3.40 of the 4.72 t that reached Fidelity in September. Year to date 35.9 t against the Treasury's 55.6 t projection for 2026 (Mid-Term Budget Review, 30 Jul 2026).
Small-scale miners delivered 3.98 of the 5.12 tonnes that reached Fidelity Gold Refinery in August, and 14.9 of the 21.4 tonnes delivered in the first half of the year. Gold is not a sector where a handful of majors set the terms. It is thousands of operators on registered claims — the market this register exists for.
- Small-scale miners
- Large-scale mines
Data as of September 2026. Source: Mining Zimbabwe, 11 Sep 2026, Mining Zimbabwe, 13 Oct 2026; Fidelity Gold Refinery data
Show the numbers
| Month | Small-scale (t) | Large-scale (t) | Small-scale share |
|---|---|---|---|
| August 2026 | 3.98 | 1.14 | 77.7% |
| September 2026 | 3.40 | 1.32 | 72.1% |
Deliveries so far in 2026
Fidelity took in 35.9 t in the first nine months against the Treasury's 2026 projection of 55.6 t (as stated in the 2026 Mid-Term Budget and Economic Review, 30 Jul 2026). August was the best month at 5.12 t and March the weakest at 2.85 t. Reaching it means about 6.6 t a month from October to December — more than any month so far.
Data as of September 2026. Source: Mining Zimbabwe (Q1), (Q2), (August), (September, 13 Oct 2026), confirmed by Mining Index Zimbabwe; Fidelity Gold Refinery data
Show the numbers
| Month | Tonnes |
|---|---|
| Jan 2026 * | 3.04 |
| Feb 2026 | 3.41 |
| Mar 2026 | 2.85 |
| Apr 2026 * | 3.32 |
| May 2026 | 3.95 |
| Jun 2026 | 4.81 |
| Jul 2026 * | 4.65 |
| Aug 2026 | 5.12 |
| Sep 2026 | 4.72 |
| Jan–Sep total | 35.9 |
* January and April are worked out from the published quarterly totals. July is the revised figure used in the August release (4.65 t); the first July report said 3.54 t.
Where the ground is
Gold in Zimbabwe sits in Archaean greenstone belts, and the belts are where the claims are. The Kadoma–Chakari belt and Battlefields in Mashonaland West; Bindura–Shamva in Mashonaland Central; Bubi in Matabeleland North; Gwanda and Filabusi in Matabeleland South; Shurugwi and Mberengwa in the Midlands; and the Mutare–Odzi belt in Manicaland.
Belt reputation moves price, but only loosely. A well-positioned claim on a modest belt beats an isolated one on a famous belt, because what actually decides your economics is the distance to a mill.
Who buys the gold
Fidelity Gold Refinery is the sole legal buyer. On 13 October 2026 it was paying between US$122.08 and US$126.75 per gram — US$3,797 to US$3,942 an ounce — with the top rate on fire-assay cash for parcels above 100 grams with no sample deduction. Small-scale producers retain 100% of their foreign currency earnings.
How to sell, what to bring and how you are paid: our guide to selling gold.
That matters when you value a claim: your revenue per gram is effectively set for you. The variables you control are grade, recovery and the cost of getting ore to a mill.
Milling is the hidden term in every gold claim deal. Most small operations toll their ore through a custom mill. Before you value a claim, find out which mill you would use, how far the ore has to travel, what the mill charges, and what recovery it actually achieves — not what it advertises. A high-grade claim forty kilometres from the nearest working mill can be worth less than a modest one next door to it.
Source: Fidelity Gold Refinery prices via Mining Zimbabwe
Show the numbers
| Grade | US$ per gram | US$ per ounce |
|---|---|---|
| Fire assay cash, over 100 g | 126.75 | 3,942.37 |
| SG 90% and above | 126.09 | 3,921.84 |
| SG 85–89.99% | 124.75 | 3,880.16 |
| SG 80–84.99% | 123.42 | 3,838.79 |
| SG 75–79.99% | 122.08 | 3,797.11 |
| Sample, 5–9.99 g | 120.08 | 3,734.91 |
A sample of not more than 10 g is deducted for the fire assay transfer price.
What to check on gold ground specifically
- Why did the previous operator stop? Old workings prove someone found gold. They also prove someone quit. Water at depth, a reef that pinched out, and a collapsed adit are all expensive answers.
- Sampling you can trace. Ask how samples were taken, by whom, and where the assay certificates are. "We panned it and it was good" is not a grade.
- Water. Both kinds — whether you have enough to process, and whether the shaft has too much to work.
- Access in the wet season. A claim you cannot haul from for three months a year is a nine-month claim.
- Cyanidation and tailings. If you plan to treat on site, the EMA approval you need is larger than the one the seller had for simple extraction.
The rest of the checks are the same for any tenure, and they are set out in full in the guide to buying a mining claim.
Ground on offer
47 lots · Register updated 19 October 2026Zimbabwe Mines connects buyers and sellers directly and takes no part in deals. Many lots are listed by agents. Verify any lot in person at the provincial office before money moves.
Every lot carries a label showing how far its paperwork has been checked — from “check/verify in person at the provincial office”, through documents seen, to certificate seen. The documents themselves are held by the seller and are never published here: ask the seller for them and verify them in person at the provincial mining office. No label is a warranty: confirm title with the Provincial Mining Director before any money moves.
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Gold ground is being taken on now. Claims are listed as sellers describe them. Check the certificate of registration, inspection standing and map reference in person at the provincial mining office — the most reliable check there is.
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