Zimbabwe's Q1 Gold Deliveries Reach 9,311.92 kg

en.Wedoany.com Reported - Zimbabwe's gold sector delivered a total of 9,311.92 kilograms to Fidelity Gold Refinery (FGR) in the first quarter of 2026. This represents an 8.29% increase compared to the 8,599.10 kg recorded in the same period of 2025. The quarterly growth was largely driven by a significant surge in February 2026, when total output jumped to 3,412.95 kg, markedly exceeding the 2,596.11 kg recorded in February of the previous year.

Data from Fidelity Gold Refinery shows divergent performances between small-scale producers and large industrial mines. Small-scale producers contributed a total of 6,510.91 kg during the quarter, remaining the backbone of national production. The sector's deliveries peaked in February but declined to 1,748.70 kg in March. Large industrial mines, meanwhile, demonstrated steady growth, with monthly output climbing steadily throughout the quarter and closing March at 1,105.31 kg, a 14% increase over the March 2025 figure.

As the 2026 mining season progresses, the industrial sector maintains its upward momentum. Large mines delivered 808.41 kg in January, 887.30 kg in February, and 1,105.31 kg in March, totaling 2,801.01 kg for the first quarter. Small-scale producers delivered 2,236.56 kg in January, 2,525.65 kg in February, and 1,748.70 kg in March. Despite a month-on-month decline at the quarter's end for the small-scale sector, the cumulative output exceeding 9.3 tonnes positions the industry favorably to meet its annual targets.

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