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Several small towns in the country are bearing witness to a new gold rush Not only is the government aware of this but foreign corporates are readily buying Zimbabwean gold mines, as the rally on gold is proving a suitable hedge against COVID19induced global financial risk This renewed wave of mining activity is driving the country towards In Zimbabwe, the gold industry is overwhelmingly defined by socalled “ASMers” or Artisanal and smallscale miners, according to SARW, that leaves the industry particularly vulnerable to exploitation and illicit financial flows “There is a strong feeling among ASMers that the GMTC is corrupt and extracts routine rents ranging from $50 to In Zimbabwe, Corrupt Actors Benefit from Illegal Gold Lahama Trading +263 4 ; ; 30a Simon Mazorodze Road, Southerton, Harare, Zimbabwe Posted In Industry Manufacturing companies in Zimbabwe and Mining Companies in Zimbabwe Add to favoritesMining Companies in Zimbabwe ZimPlaza
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