Fidelity Gold Refineries has recorded 55.6 percent in gold deliveries in the second quarter of 2024 by small miners.

This is a result to the surge in Artisanal & Small-Scale Miners (ASM) gold deliveries attributed to government measures and FGR strategies says Zimbabwe Miners Federation (ZMF)

Key factors:
đź’ Regularization of hammer mills use.
đź’ Removal of 15% VAT on gold sales.
đź’ Fidelity Gold Refinery’s (FGR) marketing strategies.

Government’s relaxed stance on hammer mills boosted gold production.
Education and awareness campaigns led by the gold mobilization team.

đź’ Improved services by FGR: advertising, feedback channels, extended hours.
đź’ Overall gold deliveries: 7,739.4241 kgs in Q2 2024, a 28.033% increase from Q1.
đź’ Small-scale miners’ contribution: 4,515.1660 kgs in Q2, up 55.5988% from Q1.
đź’ Large-scale miners’ contribution: 3,224.2581 kgs in Q2, up 2.58314% from Q1.