PGMs Industry Takes the Spotlight at Zimbabwe’s Annual Mining Conference in Victoria Falls

The Annual Mining Conference continued today at the prestigious Elephant Hills Resort, Victoria Falls with the spotlight firmly on the Platinum Group Metals (PGMs) sector — one of Zimbabwe’s most strategic mineral portfolios. Themed “Unlocking Growth Potential for the Zimbabwe Mining Industry,” the conference drew key stakeholders from across the globe for high-level discussions that explored global market dynamics, energy transition trends, and investment pathways in the PGMs industry.

Opening the day’s PGMs session was R.J. Coetzee from SFA Oxford, who delivered a powerful presentation on “Global Prospects for the PGMs Industry – The Role of PGMs in the Energy Transition.” Coetzee underscored how platinum, palladium, and rhodium remain integral to the clean energy future — from hydrogen fuel cells and automotive catalysts to emerging battery technologies. “PGMs are not just precious — they’re pivotal,” said Coetzee. “As the world pivots toward low-carbon economies, demand for PGMs will be driven by both legacy applications and new technologies. Zimbabwe is uniquely positioned to play a critical role in this transition.”

A highly anticipated panel discussion followed, focusing on current PGMs projects across Zimbabwe. Moderated by industry observers, the panel featured, A Mhembere – CEO of Zimplats, C. Chibafa –  Chief Financial Officer of Unki Minesand F. Makoni, Managing Director of Mimosa Mining Company.

The trio provided detailed updates on their operations, highlighting production milestones, community investments, and pressing operational challenges such as energy reliability, infrastructure gaps, and regulatory alignment. “Zimbabwe’s geology is blessed,” said Mhembere. “What we need is consistent policy, electricity availability, and access to international capital. With that, our PGMs industry will thrive.”

The panel also emphasized environmental, social, and governance (ESG) priorities, signaling a shift toward more responsible mining practices aligned with global standards.

Next on the agenda was an incisive dialogue on “Opportunities and Challenges for New Entrants into the PGMs Industry,” featuring J. Zimba, Country Director of Karo Resources and M. Shava, CEO of Great Dyke Investments.

Both executives highlighted the promise and peril of breaking into Zimbabwe’s PGMs space. Mr J. Zimba emphasized strategic partnerships, technology transfer, and community alignment as key pillars for long-term success. Mr M. Shava, meanwhile, spoke about the importance of capital efficiency, resilient logistics, and aligning projects with national industrialization goals.

A standout moment came during the address by Hon. David Kudakwashe Mnangagwa, Deputy Minister of Finance, Economic Development and Investment Promotion, who tackled the crucial topic of “Fiscal Policy Support for the PGMs Industry.”

“We recognize the PGMs industry as a cornerstone of Zimbabwe’s economic revival,” said Hon. Mnangagwa. “Government is working to streamline fiscal frameworks to incentivize investment, ensure fair taxation, and support infrastructure critical to mining development.”

He also assured delegates that government reforms would continue to focus on currency stability, export retention clarity, and efficient licensing, providing a predictable and competitive environment for both local and foreign investors.

As the sun set over Victoria Falls, one message was clear: Zimbabwe’s PGMs sector holds immense potential, but unlocking it will require strategic collaboration, responsible leadership, and agile policy support.

With two more days of discussions, exhibitions, and deal-making, the Annual Mining Conference continues to cement its place as the premier platform for shaping Zimbabwe’s mineral future.

By Witness A Phiri