Zimbabwe gold miner RioZim halts production over payment delays

Zimbabwe’s biggest gold miner RioZim said on Tuesday it had stopped production due to delays in payments for deliveries to the country’s sole buyer of bullion, which left the company unable to meet its operational expenditures. Gold is Zimbabwe’s single largest foreign currency earner, and Fidelity Printers and Refiners, an arm of the central bank, has a monopoly on buying and refining all the country’s output.