Zim gold deliveries surge despite April output drop

Business Reporter

Zimbabwe’s cumulative four – month gold deliveries edged slightly ahead of last year despite a sharp drop in April volumes, as a booming primary mining sector narrowly offset a steep decline in small – scale output.

According to the latest official data from the official state refinery, Fidelity Gold Refinery (FGR), total gold deliveries for April 2026 reached 3.325 kg, representing a 14.15 percent decline compared to the 3,872.52 kgs during the same month last year.

The monthly drop was driven entirely by the artisanal and small-scale mining sector, which saw its April deliveries plunge by 27.87 percent to 2,110.65 kg, down from 2.926.10 kg in April 2025.

In contrast, large-scale primary producers recorded a 28,27 percent year-on-year increase, pushing their April intake to 1.214 kg, up from 946.41 kg.

On a cumulative basis, total gold deliveries for the first four months of the year reached 12.637 kg, tracking 1.32 percent ahead of the 12.472 kg delivered during the January-to-April period in 2025.

 

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