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\n The Dokwe Gold Project, located in the southwestern district of Tsholotsho, recorded a 42% increase in proven and probable gold reserves, raising total reserves to 1.13 million ounces.
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\n The upgrade has transformed the economics of the project, with its estimated pre-tax net present value climbing to approximately $1.06 billion.
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\n The development comes as Zimbabwe seeks to capitalize on strong global gold prices and expand its role in the international bullion market.
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\n Gold remains the country’s largest source of export earnings, making large-scale mining investments increasingly important to economic growth and foreign currency generation.
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\n Zimbabwe’s race for record gold output
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\n According to an updated pre-feasibility study, the project is expected to produce up to 100,000 ounces of gold annually at peak capacity and deliver more than 1 million ounces over its projected mine life.
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\n The operation is expected to run for roughly two decades, creating long-term economic opportunities in Matabeleland North Province.
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\n The reserve expansion also strengthens Zimbabwe’s efforts to achieve record national gold production.
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\n The country produced a record 46.7 tonnes of gold in 2025 and is targeting 50 tonnes in 2026 as authorities push to increase foreign exchange earnings and attract mining investment.
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\n With gold prices hovering near historic highs, previously underdeveloped deposits are becoming increasingly attractive to investors.
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\n For Zimbabwe, the upgraded Dokwe project represents more than a mining success story; it is a signal of the country’s growing ability to unlock value from its vast mineral resources.
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\n As competition for critical minerals and precious metals intensifies globally, projects like Dokwe could play a central role in positioning Zimbabwe as one of Africa’s most important mining destinations while helping drive the next phase of growth in its gold sector.
\n <\/p>\n","protected":false},"excerpt":{"rendered":"
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