Growing Zimbabwe gold exports get price boost

Latest figures from Fidelity Gold Refin­ery, the country’ sole gold buyer, show that purchases climbed to 4,81 tonnes in June, up 21,7 percent from 3,95 tonnes record­ed in May, marking the sixth consecutive month of growth this year.

ZIMBABWE’s gold export earnings for January and February this year reached US$240,1 million, 8,69 percent above US$220,9 million realised during the first two months last year, latest figures from the Reserve Bank of Zimbabwe (RBZ) show.The increase in export earnings has been largely driven by record prices of bullion this year, which surpassed the US$3000…

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