Remit gold to Fidelity, buyers urged

By ZBC Reporter
SMALL scale miners have been urged to remit gold to Fidelity Printers and Refiners as the sector pushes towards the envisaged US$12 billion mining industry by 2023.
The Zimbabwe Miners Federation (ZMF) has implored miners to sell their gold to registered buyers to avoid pilferage.
This emerged as gold buyers in Mashonaland Central province met in Shamva to review operations and elect provincial leaders.
“It is incumbent upon gold buyers to sell to registered dealers who in turn should remit to Fidelity printers in order to curb leakages. This will support the industry’s contribution to national economic development goals,” said Henrietta Rushawaya, ZMF President.
Mashonaland Central gold buyers’ Provincial Chairperson, Simbarashe Ndoro underscored members’ commitment to ensure gold sales follow legal channels.
‘We are going to ensure small scale miners sell their gold to registered fidelity refineries agents so that the precious metal goes straight to the reserves of the state. The industry is up and coming and needs to grow,” he said.
Small-scale producers sold only 9.35 tonnes of gold last year compared to 17.48 tonnes in 2019, with government working flat out to ramp up deliveries from that sector in line with set targets.

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