Zimbabwe’s 2015 gold output seen at highest in 11 years

Gold output in Zimbabwe is expected to rise this year to 18.4 tonnes, the highest level in 11 years, thanks to higher production from small-scale miners, the mining chamber said on Wednesday.

Gold output in Zimbabwe is expected to rise this year to 18.4 tonnes, the highest level in 11 years, thanks to higher production from small-scale miners, the mining chamber said on Wednesday.

Reuters

Gold is the second single largest mineral export earner after platinum in the Southern African nation.

gold-serial-number-stamps

Toendepi Muganyi, president of the Chamber of Mines, which represents major mining companies, said gold production would increase to 18.4 tonnes this year from 15.3 tonnes last year. The figure would be the highest since 2004 when Zimbabwe produced 21.3 tonnes.