In July, gold sales to Fidelity Refinery from Zimbabwe saw a significant increase of 33.5%, rising from 2,618 kilograms in June to 3,495 kilograms. This notable boost reflects a robust contribution from both small-scale and larger gold producers.
Small-scale miners played a crucial role in this surge, delivering 2,343 kilograms of gold—a 45% increase compared to June’s figures. Their contribution highlights their growing impact on the gold market, as they now account for 67% of the nation’s total gold sales.
In contrast, larger producers sold 1,151 kilograms, marking a 15% rise from the previous month. This diverse contribution underscores the vital role of both sectors in sustaining Zimbabwe’s gold industry.
