Gold deliveries drop in February

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ZIMBABWE recorded a decline in gold deliveries in February, with total output falling to 2 568,25 kg from 3 134,35 kg in January.

The drop was driven by a significant decrease in small-scale mining contributions, which fell from 2 265,55 kg to 1 640,31 kg.

While primary producers saw a modest increase from 868,80 kg in January to 927,94 kg in February, it was not enough to offset the overall decline. Analysts attribute the drop to seasonal disruptions and fluctuating gold prices.

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