Royalties, cash imports cost fuel smuggling

LIVINGSTONE MARUFU Fidelity Printers and Refiners (FPR) is paying artisanal and small scale miners on the spot gold  at prevailing world prices but deducting royalties and costs of importing cash into the country which is forcing players to look for alternative markers. Yesterday’s gold spot price was at US$55,016 per kilogramme and FPR’s prices after…