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Home » Fidelity upbeat on 50-tonne gold target
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Fidelity upbeat on 50-tonne gold target

written by Adelaide Moyo, Group Managing Editor 0 comments
Gold production increased 8,3 percent year-on-year, to 9,31 tonnes, in the first quarter of 2026.
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FIDELITY Gold Refinery (Fidelity) says it is optimistic about reaching the targeted 50 tonnes of gold this year, up from 46,7 tonnes achieved in 2025. Fidelity general manager Peter Magaramombe told the Public Accounts Committee this week that the target will be buoyed by supportive government policies and expanding mining operations. “Last year…we achieved 46,7…

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Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.

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