Zimbabwe is taking a step towards formalizing its mining sector. The country plans to draft legislation that will require small-scale gold miners to register their operations. The authorities intend to register all artisanal miners in the country in a database currently being developed by the Reserve Bank of Zimbabwe (RBZ).
According to Fidelity Printers and Refiners, the country’s only gold buyer, Zimbabwe’s gold shipments for the five months through May plunged 24% to 7,030 kilograms from the previous year. And more than $ 1.5 billion in gold is illegally shipped out of Zimbabwe each year, according to research organization International Crisis Group.
According to local media outlet The Herald , the new tool will contain the biometric data of each minor and a personal identification number will be given to them. Artisanal and small-scale miners, estimated between 500,000 and 1.5 million, will then receive training on responsible mining and on best practices in terms of mine site rehabilitation.
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