Articles tagged 'fidelity printers and refiners'

Big clash over gold looms 24 November 2018 HARARE - A huge fight could be brewing between Zimbabwe's $3 billion large-scale mining industry and government after a deputy minister claimed on Monday that hard-pressed producers had been under-declaring production volumes. Gold mined in Zimbabwe is shipped to Fidelity Printers and Refiners...
Suzan partnership lifts Fidelity exports 9 August 2018 HARARE - Fidelity Printers and Refiners (FPR) has managed to ramp up its gold production at the back of support from agents, including Suzan General Trading (Suzan), documents show. This also comes as the country's yellow metal output – for the first seven months to July – has risen to nearly ...
Concern over $5m paid to artisanal miners 3 October 2017 HARARE - Government is worried that artisanal gold miners who are paid $5 million weekly in US dollars and bond notes for their export incentive could be abusing the cash they are being paid by Fidelity Printers and Refiners and by banks. Fidelity Printers and Refinery is a unit of the Reserve...
Fidelity Printers sues ZBC over $19k debt 29 April 2017 HARARE - The State-run Zimbabwe Broadcasting Corporation (ZBC) has been dragged to the High Court by Fidelity Printers and Refiners (Fidelity Printers) after it failed to pay over $19 000 for printing services. According to court papers, Fidelity Printers — the country's sole bullion buying ag...
Fidelity bosses lose separate trials bid 13 December 2016 HARARE - A Harare magistrate yesterday  denied defence motions to separate corruption trials against Fidelity Printers and Refiners (Fidelity) bosses facing $800 000 fraud charges. Harare regional magistrate Noel Mupeiwa denied the Fidelity bosses' motions for separate trials after ruling that...
Zim gold production up 50pc 10 June 2015 HARARE - Zimbabwe's total gold deliveries surged by nearly 50 percent to 1 546,16 kilogrammes (kg) in March 2015, from 1 040,49 kg recorded in March 2014, figures from the African Development Bank (AfDB) reveal. In its monthly economic review for Zimbabwe, the multilateral lender said the reco...
Zim relaxes gold buying requirements 14 May 2015 HARARE - Zimbabwe's sole gold buyer, Fidelity Printers and Refiners (Fidelity), has reduced its minimum acceptance threshold for gold from licensed small-scale dealers from 10 to five grammes as the country moves to increase gold production, sources have said. According to information gathered...
Fidelity, ZMDC in gold venture 17 February 2015 HARARE - Reserve Bank of Zimbabwe (RBZ) subsidiary Fidelity Printers and Refiners (Fidelity) is set to partner the Zimbabwe Mining Development Corporation (ZMDC) in the establishment of a gold mining venture. John Mangudya, RBZ governor, said the two will explore easily accessible or “low hang...
Miner cleared of $4m gold fraud charge 21 March 2014 HARARE - A Kwekwe-based miner of Australian origin, who was accused of failing to remit $4 million worth of gold to Fidelity Printers and Refiners (Fidelity), has been freed after the State consented to the withdrawal of charges against him. Lee Waverley John was accused of contravening the Go...