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Zambia inaugurates first gold refinery at 99% purity

By , based on Zambianobserver

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Zambia has inaugurated its first gold refinery, capable of producing metal with a purity of 99%. The facility is expected to help formalise small-scale mining and contribute to generating more than $1.8 billion in annual revenue, according to the Zambian Observer.

Zambia has inaugurated its first gold refinery, capable of processing the metal to a purity of 99%, the Zambian media outlet The Zambian Observer reports. The facility is expected to help bring more small-scale gold miners into the formal market.

The sector could generate more than $1.8 billion in revenue, according to The Zambian Observer. Zambia produces around 3.5 tonnes of gold a year and is seeking to diversify its exports.

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