Zimbabwe remains firmly on course to achieve its ambitious 50-tonne gold production target for 2026, with deliveries to Fidelity Gold Refinery reaching nearly 17 tonnes during the first five months of the year.
Latest figures show that gold deliveries rose to 3,951 kilogrammes in May, up from 3,324.6 kilogrammes recorded in April, continuing a strong upward trend that has characterised the sector this year.
The increase has been largely driven by artisanal and small-scale miners, whose output grew significantly during the period and continues to underpin national production.
Zimbabwe Miners Federation Chief Executive Officer Wellington Takavarasha said small-scale miners remain the backbone of the country’s gold sector and are playing a critical role in sustaining growth.
Takavarasha attributed the positive performance to increased formalisation efforts, improved access to markets and growing confidence among miners to sell their gold through official channels.
He said the sector’s contribution continues to strengthen Zimbabwe’s position as one of Africa’s leading gold producers while generating foreign currency and supporting livelihoods across mining communities.
The latest production figures place Zimbabwe comfortably on track to meet its annual target, provided current output levels are maintained throughout the remainder of the year.
Gold remains the country’s single largest foreign currency earner, with authorities continuing to encourage miners to deliver their gold to Fidelity Gold Refinery to ensure transparency and maximise national economic benefits.
