Policy Tracker Budget Tracker Price Tracker About SIVIO
Economy

Avail more facilities to small-scale gold miners through the RBZ.

Kept

RBZ Incentives Drive Gold Deliveries

https://www.herald.co.zw/rbz-incentives-drive-gold-deliveries/

    

July 20, 2021

The country's gold output last month increased by 75% to 2,924 tonnes from 1,668tonnes in May , on the back of incentives availed by the Reserve Bank of Zimbabwe (RBZ).

Previous Updates

Introduction of artisan miners ID cards

Sunday News

    

Sept. 1, 2019

The country’s sole gold buyer, Fidelity Printers and Refiners (FPR) will soon issue out formalisation cards to artisanal miners to enable them to deliver gold at its centres as it moves to ensure effective mopping of the yellow metal. In an interview with Sunday News Business on the sidelines of a Gold Mining Conference in Zvishavane last Thursday, Reserve Bank of Zimbabwe (RBZ)’s Gold Development Initiative Fund (GDIF) mining investment fund advisor Mr William Gambiza said the central bank’s subsidiary, FPR would soon introduce a formalisation card as a way of ensuring artisanal miners sell their gold through formal channels.

    

None