Zim mulling readmission to LBMA as gold output exceeds 10 t/y for the first time since 2008

摘要

ZIMBABWE'S principal gold buyer, Fidelity Printers & Refiners, says the gold delivered to its mills in the last ten months amounts to 11.11t, exceeding the 10t required for readmission to the London Bullion Market Association (LBMA) for the first time in six years. In an update circulated to the media last week, Fidelity, a Reserve Bank of Zimbabwe subsidiary, says large-scale miners had delivered 8.3t, while small-scale miners delivered 2.7t.