Zimbabwe has approved construction of a second gold refinery in Bulawayo to purchase and process rising gold output; it is expected to begin operations next year. Currently all gold is sold through state-owned Fidelity Gold Refinery, but officials warn it may be unable to handle national output from next year. Zimbabwe targets 50 tonnes of gold production in 2026, up from a record 46.7 tonnes last year.

2026-06-17

Zimbabwe has approved construction of a second gold refinery in Bulawayo to purchase and process rising gold output; it is expected to begin operations next year. Currently all gold is sold through state-owned Fidelity Gold Refinery, but officials warn it may be unable to handle national output from next year. Zimbabwe targets 50 tonnes of gold production in 2026, up from a record 46.7 tonnes last year.