Zimbabwe gold production fall by 8%

Gold production in Zimbabwe fell by 8% during the five months of May compared to the same period in 2013, according to figures provided by the Chamber of Mines of the country.

Gold mined during the period was 5,517 kg from 6,022 kg produced in five months to May last year.

The Chamber of Mines figures show that in four months to April this year, gold accounted for about one third of the total value of minerals produced.

Output last year was 14 tons, down 4.49% to a value of about 626.11 million dollars.

Plastic Gold Panning Pan

Gold remains the mainstay of mining production in the country and Zimbabwe plans to become one of the top five gold producing countries in Africa.

The Zimbabwean government intends to reorganize the gold sector and legalize operations gold diggers.

Zimbabwe has over 20,000 gold miners whose production represented so greatly to the country's gold production.

Chamber of Mines of Zimbabwe also said gold production could reach 50 tons in the next five years.