Gold Delivery Improvements A Product of Positive Policy and Pricing Changes – Parly Committee on Mines

The Parliamentary Portfolio Committee on Mines and Mining Development says the increase in gold deliveries is a product of a number of positive factors that allowed miners to work and produce better.

Speaking to Great Dyke news, the Committee’s Chairperson, Honourable Edmund Mkaratigwa said despite the covid-19 lockdown as well as ZESA power cuts last winter, miners managed to put maximum effort.

He indicated that the pricing of gold had a positive impact as it helped boost gold delivery to Fidelity Printers and Refiners.

The Reserve Bank of Zimbabwe (RBZ) recently revealed that gold delivered to Fidelity Printers and Refiners rose 55.5% in 2021.

In a statement, central bank governor John Mangudya applauded the country’s small and large-scale gold producers for delivering more gold in 2021 as compared to 2020.