Fidelity Printers and Refiners, Gold Buyers eye increased deliveries

By ZBC Reporter

THE country’s gold buying unit Fidelity Printers and Refiners has struck an arrangement with gold buyers aimed at increasing deliveries of the yellow metal in line with the 12 billion United States dollar mining industry target.

The arrangement comes at a time when gold is being anticipated to play an important role in the achievement of the nation’s vision 2030.

It is also aimed at ensuring that the yellow metal continues to play a critical role as the country’s key foreign currency earner.

 Fidelity Printers and Refiners General Manager Mr Fraderick Kunaka revealed the entity’s commitment towards the realisation of the mining sector’s 12 billion United States dollar target by 2023 through engaging licenced gold buyers.

We are really forging ahead with attempts and efforts to boost production of the yellow commodity so that in the future we achieve our targets, he said.

National Gold Buyers Association Interim Chairperson Mr Scott Sakupwanya revealed commitment by licenced buyers to mobilise over a tonne of gold on a monthly basis.

In line with efforts to boost the contribution of gold to the economy, we are really working on such key objectives, noted Sakupwanya.

The gold mining sector is key in the overall foreign currency earnings, employment creation and socio-economic development of the nation.

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