A large unrefined gold bar sits on a workbench during processing at the Kibali gold mine, operated by Randgold Resources Ltd., in Kibali, Democratic Republic of Congo, on Friday, Oct. 17, 2014. Randgold and AngloGold Ashanti Ltd. gained control of the Kibali mine by acquiring Moto Goldmines Ltd. in 2009 and is forecast to produce about 600,000 ounces of gold a year. Photographer: Simon Dawson/Bloomberg
Gold deliveries to Fidelity Printers have risen by 59 per cent in the first half of 2022, reports Zimbabwe Economic Review.
Between January to June 2022 15,976kg was delivered while from January to June 2021 about 10,028kg were delivered.
Apparently, the 2022 Annual target is 40 tonnes and last year’s total deliveries were 29.6 tonnes.
Apparently, small scale gold miners accounted for 61 per cent of gold deliveries.
Gold is one of Zimbabwe’s major foreign currency earners, however smuggling has been a key drawback.
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