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According to official data from Zimbabwe, due to increased production by small domestic mining companies, Zimbabwe's gold purchases in August increased from 4,242 kg in the same period last year to 5119 kg. Fideliti Gold Refinery said in a statement that during the reporting period, gold purchases from small mining companies surged 22% to 3,978 kg. Gold purchases by large mining companies rose from 993 kg to 1,140 kg. The number of purchases in August was the highest this year. From January to August, this southern African country produced 31,166 kg of gold, compared to 30,288 kg in the same period last year. Zimbabwe's gold production target this year is 50,000 kg, which is higher than last year's record of 46,729 kg.
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According to official data from Zimbabwe, due to increased production by small domestic mining companies, Zimbabwe's gold purchases in August increased from 4,242 kg in the same period last year to 5119 kg. Fideliti Gold Refinery said in a statement that during the reporting period, gold purchases from small mining companies surged 22% to 3,978 kg. Gold purchases by large mining companies rose from 993 kg to 1,140 kg. The number of purchases in August was the highest this year. From January to August, this southern African country produced 31,166 kg of gold, compared to 30,288 kg in the same period last year. Zimbabwe's gold production target this year is 50,000 kg, which is higher than last year's record of 46,729 kg.
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