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Recommended News

  • Africa News: Zimbabwe to Sell Stake in Gold Trader

    1 天前· Read: Zimbabwe Gold Smugglers Shipping Over $1.5 Billion a Year. The central bank will offer 50% of the refining business to large gold producers, with 7% going to small-scale miners and 3% to

  • Zimbabwe to unbundle its gold refinery, sell majority

    9 小时前· Zimbabwe’s central bank will unbundle its gold refining and printing unit into two separate companies and sell a majority stake in the new gold refinery busin Zimbabwe to unbundle its gold refinery, sell majority stake to miners FurtherAfrica

  • Zimbabwe c.bank to form new gold refining unit, sell

    1 天前· Zimbabwe's central bank will unbundle its gold refining and printing unit into two separate companies and sell a majority stake in the new gold refinery business to

  • Zimbabwe central bank to form new gold refining unit, sell

    23 小时前· HARARE (Reuters) Zimbabwe's central bank will unbundle its gold refining and printing unit into two separate companies and sell a majority stake in the new gold refinery business to miners, governor John Mangudya said on Wednesday.

  • State media: At least 20 gold miners trapped in Zimbabwe

    Feb 06, 2020· HARARE, Zimbabwe -- Some 20 miners are trapped underground after a mine shaft collapsed in Zimbabwe, state media reported Thursday, and a police spokesman said at least two bodies had been recovered.

  • Zimbabwe c.bank to form new gold refining unit, sell

    Zimbabwe c.bank to form new gold refining unit, sell shares to miners The government says gold worth $1.2 billion is illegally exported from the country annually and small scale miners, who extract most of the precious metal in Zimbabwe, blame low prices and late payments by FPR for the leakages.

  • Zimbabwe's new gold rush The Zimbabwean

    Aug 08, 2020· Fidelity Printers and Refiners (FPR), a subsidiary of the Reserve Bank of Zimbabwe (RBZ), currently has a monopoly on buying and refining all the country’s bullion. FPR then sells the delivered gold to the Rand Refinery based in South Africa, which then sells it to the London Bullion Market Association (LBMA).

  • Zimbabwe: Central Bank to Dispose 60% in Fidelity Printers

    The Reserve Bank of Zimbabwe (RBZ) Wednesday announced a resolution to unbundle the state-run gold buyer Fidelity Printers and Refiners (FPR) and offer a 60% stake of the entity to private players in a bid to increase producers' compliance levels in gold trade.

  • Zimbabwe: Losing millions from illicit gold mining trade

    Dec 07, 2020· Fidelity Printers and Refiners, the government’s main buyer of gold, pays miners $54 per gram while private buyers from neighbouring South Africa pay between $58 and $60. “The government through Fidelity Printers and Refiners inconveniences gold miners and for that reason small-scale miners have failed to expand. It takes more than two

  • GOLD BUYING Official Fidelity Printers and Refiners Gold

    Mining Zimbabwe our core focus is the Zimbabwe Mining Industry, Zimbabwe Mining News, trends, new technologies being developed and used to improve this crucial sector, as well as new opportunities and investments arising from it. Tel/ WhatsApp: +263 8644 276 585

  • Zimbabwe central bank to form new gold refining unit

    1 天前· Zimbabwe’s central bank will unbundle its gold refining and printing unit into two separate companies and sell a majority Zimbabwe central bank to form new gold refining unit Love Africa News Thursday, December 17, 2020

  • Zimbabwe’s central bank to partially privatize gold buyer

    2 天前· The Reserve Bank of Zimbabwe (RBZ) said Wednesday it will dispose of its majority shareholding in the country's sole gold buyer, the Fidelity Printers and Refiners (Private) Limited (FPR) as part of the partial privatization of the company. FPR will thus be unbundled into two business entities, "

  • State media: At least 20 gold miners trapped in Zimbabwe

    Feb 06, 2020· HARARE, Zimbabwe -- Some 20 miners are trapped underground after a mine shaft collapsed in Zimbabwe, state media reported Thursday, and a police spokesman said at least two bodies had been recovered.

  • Zimbabwe losing $1.5-bln gold a year to smuggling ― Report

    Nov 25, 2020· A report published Tuesday by a global research group estimated that cash-strapped Zimbabwe is losing at least $1.5 billion a year through the smuggling of gold, mainly to traders in Dubai.

  • Zimbabwe central bank to form new gold refining unit, sell

    1 天前· Zimbabwe's central bank will unbundle its gold refining and printing unit into two separate companies and sell a majority stake in the new gold refinery. Zimbabwe's central bank will unbundle its gold refining and printing unit into two separate companies and sell a majority stake in the new gold refinery.

  • Cash-strapped Zimbabwe losing $1.5bn gold a year to

    HARARE A report by a global research group estimated that cash-strapped Zimbabwe is losing at least $1.5-billion a year through the smuggling of gold, mainly to traders in Dubai. The figure is higher than the government’s own estimates of $1.2-billion a year lost through the illicit gold trade.

  • Zimbabwe: Losing millions from illicit gold mining trade

    Dec 07, 2020· Fidelity Printers and Refiners, the government’s main buyer of gold, pays miners $54 per gram while private buyers from neighbouring South Africa pay between $58 and $60. “The government through Fidelity Printers and Refiners inconveniences gold miners and for that reason small-scale miners have failed to expand. It takes more than two

  • "I am not a gold smuggler State Of The Nation

    Oct 29, 2020· Tafadzwa Nyikadzino/Robert Bhamu. Pedzisayi Scott Sakupwanya, one of Zimbabwe’s biggest gold buyers who broke the internet yesterday with pictures of him posing in front of a staggering Us$5 million cash and several kilograms of gold said he is not a gold smuggler, but a legit buyer who has a registered business that buys and sells gold in Zimbabwe to Fidelity Printers and Refiners (FPR).

  • Zimbabwe's new gold rush The Zimbabwean

    Aug 08, 2020· Fidelity Printers and Refiners (FPR), a subsidiary of the Reserve Bank of Zimbabwe (RBZ), currently has a monopoly on buying and refining all the country’s bullion. FPR then sells the delivered gold to the Rand Refinery based in South Africa, which then sells it to the London Bullion Market Association (LBMA).

  • Zimbabwe central bank to form new gold refining unit

    1 天前· Zimbabwe’s central bank will unbundle its gold refining and printing unit into two separate companies and sell a majority stake in the new gold refinery business to miners, governor John Mangudya said on Wednesday. Reserve Bank of Zimbabwe’s Fidelity Printers and Refiners (FPR) is the sole buyer, refiner and exporter of gold in the country []

  • Zimbabwe Central Bank to Sell Gold Unit Stake to Lift

    Zimbabwe’s central bank plans to sell a majority stake in the southern African nation’s sole gold-buying firm in a bid to boost compliance with trading of the precious metal. Fidelity Printers and Refiners will be split in two, with 60% of its gold-refining business sold to private investors, the Reserve Bank of Zimbabwe said in an emailed

  • BREAKING: RBZ unbundles Fidelity Printers and Refiners

    1 天前· Zimbabwe’s central bank, Reserve Bank of Zimbabwe (RBZ) has unbundled Fidelity Printers and Refiners, to sell 60% stake of the entity to large and small scale gold producers. RBZ says the unbundling of FPR is designed to partially privatise the gold refining business by allowing private players to acquire a stake, secure and promote the

  • Zimbabwe's central bank to partially privatize gold buyer

    1 天前· HARARE, Dec. 16 (Xinhua) -- The Reserve Bank of Zimbabwe (RBZ) said Wednesday it will dispose of its majority shareholding in the country's sole gold buyer, the Fidelity Printers and Refiners (Private) Limited (FPR) as part of the partial privatization of

  • Henrietta Rushwaya: Zimbabwe ruling family suspected of

    Fourteen gold bars at the centre of a smuggling scandal that has engulfed Zimbabwe’s first family are believed to have been stolen from the vaults of the state-owned refinery.The facility is the

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