AN INCENTIVE introduced by Fidelity Printers and Refiners (FPR) recently has failed to spur gold deliveries, with official figures showing that collections of the yellow metal have remained subdued.
Early in May, FPR introduced an incentive for gold producers in the form of “support price” of US$1 368,28 per ounce (US$44 000 per kilogramme), which represents a US$100 premium on the average London bullion market price in May.
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Winston Chitando, Minister of Mines.
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