Second Largest Holder Of Gold Reserves On The Continent, With Untapped Potential, African Country Bets On BRICS To Expand Economic And Geopolitical Influence

Written by Caio Aviz

Published on 02/02/2026 at 20:41

Cena de mineração de ouro em território africano, onde grandes reservas minerais sustentam estratégias econômicas e articulações internacionais.

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Rich in Mineral Resources and With Active Diplomatic Outreach, the Country Seeks a Path in BRICS to Expand Partnerships, Gain International Relevance, and Valorize Its Gold Reserves

A major diplomatic movement has been quietly constructed on the African continent, attracting international attention.

Since 2024, an African country with one of the largest gold reserves in Africa has intensified diplomatic outreach with BRICS countries as part of a strategic effort to integrate the group.

The initiative was confirmed by the Minister of Foreign Affairs and International Trade, Amon Murwira, who described the movement as essential to enhance the country’s participation in the international economic system.

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Diplomatic Outreach Advances Within the Structure of the Bloc

The advancement of negotiations occurs under direct coordination from the presidency.

According to Murwira, President Emmerson Mnangagwa has determined that the process be closely monitored by the foreign ministry, given the strategic importance of the initiative.

In this context, the country has already made formal contacts with all BRICS member states, seeking to understand the categories and mechanisms of participation provided within the group’s structure.

“We have formally approached all BRICS member states and we are eager to participate in the group in the categories allowed within its structure,” stated Murwira in an official declaration made in 2025.

Gold Reserves Place Country in a Strategic Position

The interest in joining BRICS arises at a time when the country seeks to turn its natural resources into an economic development lever.

The territory hosts some of the largest gold reserves on the African continent, often cited as the second largest in Africa, behind only South Africa.

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Data from the United States Geological Survey indicates that as of 2023, South Africa led the proven economic gold reserves with about 5,000 tons.

In the case of the African country interested in BRICS, approximately 1,600 tons are officially listed as proven reserves, according to international records.

Mineral Potential Goes Beyond Official Numbers

Despite the officially recognized data, estimates from the mining sector indicate a much broader potential.

Local sources and experts point out that the total volume of gold could reach up to 13 million tons, concentrated in areas that have not yet undergone systematic exploration.

These potential reserves are primarily located in the Great Dyke region, one of the richest geological formations in the country, in addition to mineral belts in areas such as Midlands and Manicaland.

According to these estimates, the country could hold between 4% and 7% of all the gold existing on the African continent, with the total estimated at around 30,000 tons.

International Support Strengthens Candidacy

The diplomatic advance takes place alongside explicit support from key members of the bloc.

Previously, the government had already expressed formal interest in both joining BRICS and the New Development Bank (NDB), a financial institution linked to the group.

In this process, Russia, South Africa, and Brazil have publicly declared support for the candidacy of the African country, reinforcing its position in discussions regarding the expansion of the bloc.

With vast gold reserves, active diplomatic outreach, and international backing, the country emerges as a strategic candidate in the BRICS expansion process.

The question that remains is: to what extent can the entry of a major holder of gold redefine the economic and geopolitical balance of the group in the coming years?

Second Largest Holder Of Gold Reserves On The Continent, With Untapped Potential, African Country Bets On BRICS To Expand Economic And Geopolitical Influence

Rich in Mineral Resources and With Active Diplomatic Outreach, the Country Seeks a Path in BRICS to Expand Partnerships, Gain International Relevance, and Valorize Its Gold Reserves

Diplomatic Outreach Advances Within the Structure of the Bloc

Gold Reserves Place Country in a Strategic Position

Mineral Potential Goes Beyond Official Numbers

International Support Strengthens Candidacy

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Second Largest Holder Of Gold Reserves On The Continent, With Untapped Potential, African Country Bets On BRICS To Expand Economic And Geopolitical Influence

Rich in Mineral Resources and With Active Diplomatic Outreach, the Country Seeks a Path in BRICS to Expand Partnerships, Gain International Relevance, and Valorize Its Gold Reserves

Diplomatic Outreach Advances Within the Structure of the Bloc

Gold Reserves Place Country in a Strategic Position

Mineral Potential Goes Beyond Official Numbers

International Support Strengthens Candidacy

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