Published: 12 May 2025

Zimbabwe recorded a significant jump in gold deliveries in April 2025, with more than 3.8 tonnes of the precious metal delivered to Fidelity Gold Refinery - a 63% increase from the 2.3 tonnes recorded in March. The surge, attributed largely to small-scale miners, reflects renewed momentum in the mining sector and growing confidence among industry players.

The figures were revealed at a gold mobilisation workshop held last week, where government officials, miners, and sector stakeholders gathered to assess progress and chart a way forward to boost production even further.

Fidelity Gold Refinery general manager Peter Magaramombe hailed the performance as a strong indicator of positive trends in the gold industry.

"I can confirm that for April, gold deliveries reached over 3.8 tonnes, up from about 2.3 tonnes in March. That is a 63% jump. It shows that miners are responding positively to favourable global prices and the incentive structures we've put in place," said Magaramombe.

Small-scale miners, who have consistently underpinned Zimbabwe's gold sector, were again responsible for the majority of the deliveries. Their contribution continues to outpace that of large-scale producers, reaffirming their vital role in the industry's growth.

Zimbabwe Miners Federation (ZMF) chief executive Wellington Takavarasha credited government policy support for the performance surge.

"A lot of incentives have been unveiled to spur gold production. With continued support and confidence-building measures, we expect this upward trend to continue throughout the year," Takavarasha said.

Mines and Mining Development Minister Winston Chitando projected even greater achievements ahead, stating that Zimbabwe remains committed to achieving its national gold delivery target of 40 tonnes in 2025.

"Good global prices have given us the momentum. But beyond that, we are creating an environment that supports sustained growth in gold mining. We are deploying mobilisation teams to engage miners directly and resolve challenges on the ground," he said.

The workshop served as a strategic platform for evaluating operational challenges, addressing production bottlenecks, and reinforcing coordination between the government and miners. Participants discussed streamlined delivery systems, improved access to equipment and finance, and ways to formalise informal mining operations.

With Zimbabwe eyeing a larger share of Africa's gold market, April's figures represent more than a short-term success. They are a strong indicator of long-term sector viability, driven by consistent policy, favourable market conditions, and strengthened grassroots engagement.

As confidence in the gold sector rises, officials say continued collaboration and targeted interventions will be key to sustaining the momentum and transforming gold mining into a major pillar of Zimbabwe's economic revival.
- newsday

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