Zimbabwe’s gold industry is showing renewed strength in 2026, with bullion deliveries surpassing 12,600 kilogrammes in the first four months of the year as global demand and rising output from large-scale miners continue to boost the sector.

Official figures reported by The Herald, a partner of TV BRICS, showed total gold deliveries reached 12,636.51 kilogrammes between January and April, reinforcing gold’s growing importance to Zimbabwe’s fragile economy and foreign currency reserves.

The strongest momentum came from large-scale mining operations, where April deliveries jumped 28.27% year-on-year to 1,213.93 kilogrammes. The increase signals expanding production capacity in a sector that remains central to Zimbabwe’s export earnings.

Gold has become increasingly strategic for the southern African country as authorities rely on the precious metal to support the Zimbabwe Gold (ZiG) currency system and stabilise the broader economy after years of currency volatility and inflation pressures.

The latest figures build on a record-breaking 2025 for Zimbabwe’s mining industry. Last year, the country generated US$4.61 billion from gold exports, while total deliveries to the national refinery reached 46.73 tonnes, comfortably exceeding the government’s annual target of 40 tonnes.