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Zimbabwe - Monthly Economic Review - May 2012


The prices of gold declined for the fi rst three weeks before going on a rebound in the last week of April 2012. Platinum and Nickel prices declined by 4.3 percent and 0.4 percent, respectively, to close the month at US$1,574.80 per ounce and $1,7840.30 per tonne. The price of Nickel warrants that the Government of Zimbabwe takes a keen interest in the reopening of the Bindura Nickel Corporation underground activities so that the Bindura Smelter and refi nery start operating at full production level.

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