Bond notes threaten gold production

Small scale miners have urged the government to exercise caution and due diligence on the issue of bond notes, as they would rather hold on to their gold than to exchange change it for bond notes.

The small scale miners expressed their displeasure through the Zimbabwe Miners Federation spokesperson, Dosman Mangisi who said:

There is a serious panic within the small scale mining sector, as the fear of bond notes has gripped them. Some are saying they are not going to deposit their gold with Fidelity Printers and Refiners, while some are saying they will deposit half and remain with the other half. This, if not handled carefully, is a threat to gold production.

More: Newsday

 

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