MMMD dispatches the gold mobilisation national taskforce
The Ministry of Mines and Mining Development has dispatched 11 teams of the Gold Mobilisation National Taskforce to the country’s eight mining provinces in a bid to shore up deliveries of up to 60 tonnes of gold to the country’s sole gold buyer and exporter Fidelity Gold Refiners (FGR).
Rudairo Mapuranga
Speaking at the Gold mobilization workshop send off program held at Jameson Hotel on Thursday the Ministry of Mines and Mining Development Permanent Secretary Mr Mazai Moyo said the national taskforce which is a key strategy for the achievement of the US$4 billion gold industry by 2023 is a collaborative effort that involves the country’s security apparatus and the Ministry of Mines with primary mandate to ensure that gold is delivered to FGR.
“Gold mobilization remains a key strategy for the mining industry to achieve a US$4 BILLION gold target.
The Minister of Mines and Mining Development speaking at the event said the gold mobilization taskforce was a key strategy to ensure gold was delivered to Fidelity.
He also encouraged the taskforce team to come up with strategies to ensure that the mining industry achieves the Ministry’s 2022 gold target of 60 tonnes gold deliveries.
He said although the industry did well last year by achieving a milestone of 32 tonnes gold deliveries, a lot needed to be done to ensure that the country achieves its target.
“We are coming from a situation where we have a 2030 vision of Zimbabwe being a middle-income economy. We have at the same time the mining industry targeting to achieve US$12 billion and we are definite that we will achieve it by the end of next year. Specifically, today we are talking about gold and specifically on gold mobilization. In his words and remarks the Permanent secretary said gold mobilization is a key strategy to ensure that gold is delivered to Fidelity Gold Refiners.
“Taking a step back, last year we did well, 32 tonnes was good but it does not represent the full potential which the industry can deliver. What is important to us as key stakeholders is to come up with strategies on how we can improve from 32 tonnes to 60 tonnes.
“What is important after this gold mobilization exercise, is for teams to come up with strategies on how we can come up with strategies to achieve 60 tonnes this year.” Minister Chitando said.