Zimbabwe’s gold deliveries jump 62.5pc in April

Martin Kadzere

GOLD deliveries for April 2025 surged to approximately 3,9 tonnes, marking a substantial 62,5 percent increase from the 2,4 tonnes recorded during the same period last year, official figures indicate.

The growth was primarily fuelled by a more than doubling of deliveries from small-scale producers, according to Fidelity Gold Refiners, the Government’s sole gold-buying agency.

Gold is Zimbabwe’s single largest foreign currency earner and generated US$1,5 billion last year.

In the first four months of 2025, primary gold producers yielded a total of 3 653.03 kg, with relatively consistent monthly output of around 900kg.

Primary producers are typically larger, well-established mining companies with significant capital investment and formalised operations.

Some of the major primary gold producers in Zimbabwe include Kuvimba Mining House, Caledonia Mining Corporation and Dallaglio Investments.

Small-scale producers delivered a significantly larger total of 8 696.97 kg during the same period, demonstrating more variability in monthly production, peaking in April at 2 926.11 kg.

These often include artisanal miners and smaller mining entities that may operate with less capital and more rudimentary methods compared to primary producers. Total gold deliveries for the four months reached 12 350kg

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