Zimbabwe's Gold Deliveries Surge, Driven by Small-Scale Miners

Philemon Jambaya

Zim Now Editor

 Zimbabwe's mining sector is experiencing a significant resurgence, marked by a substantial increase in gold deliveries. In April of this year, nearly four tonnes of gold were delivered to Fidelity Gold Refinery, signaling renewed vigor in the sector, largely fueled by the contributions of small-scale miners.

This impressive surge was a key highlight at a recent gold mobilization workshop, where industry leaders, government officials, and stakeholders gathered to evaluate progress and strategize for further boosting gold output.

Peter Magaramombe, the General Manager of Fidelity Refinery, revealed the remarkable growth in deliveries compared to the previous month.

"I can confirm that for April, gold deliveries reached over 3.8 tonnes, up from about 2.3 tonnes in March. That is a 63% jump. It shows that miners are responding positively to favorable global prices and the incentive structures we've put in place," he stated.