Zimbabwe’s biggest gold producer sued the country’s central bank for $132m because it has been paying for the metal in a local quasi-currency rather than US dollars.
RioZim Mining News
Small-scale gold producers, including illegal miners, accounted for nearly 60 percent of the record 33 tonnes of gold produced in Zimbabwe last year.
RioZim said since December, it had experienced "significant and persistent" delays in dollar payments, affecting its viability.
The company had run out of critical consumables and spares required for its mines, forcing the shutdown