Zimbabwe miners may now sell gold on open market, 50 t/y possible – Chamber

Zimbabwean gold-mining companies, which are now free to sell their gold on the open market, are capable of producing at a rate of 50 t/y, Zimbabwe Chamber of Mines president Victor Gapare said on Wednesday.

Gapara told the Omega Mining in Africa conference in Johannesburg that the former practice of Zimbabwean gold miners being forced to sell their gold to the Zimbabwe Reserve Bank was over.

Read more….