Projects » Zimbabwe

The geology of Zimbabwean gold is relatively well understood. Gold deposits are found in greenstone belts – large, irregularly-shaped bodies of highly deformed volcanic and sedimentary rocks surrounded and intruded by granitic rocks formed deep in the crust during the Archean Eon - a very early stage in earth history, about 3.5 billion years ago. These granite-greenstone complexes were the primitive nuclei, or cratons, around which continental crust accreted as earth history progressed.

The greenstone gold of Zimbabwe has essentially the same geology as that found in the continental cratons which host the world’s other great gold mining districts of Canada, Western Australia, India and Brazil.

Until the 1980s Zimbabwe was the 3rd largest gold producer in Africa. After a period of collapse, gold production is now rising again. From a low of 3,579kg in 2008 it rose steadily to 24,800kg in 2017.

Zimbabwe is geologically rich with over 40 minerals mainly gold, nickel, copper, coal, diamonds, PGE's and chromite. Government change in late 2017 promises accelerated economic reform. In March 2018 the indigenisation law was repelled. Zimbabwe seeks foreign direct investment with investors having full ownership in any business venture.