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Update on the Gold Purchase

The Bank of Zambia has purchased 478.76 Kgs (15,392 ounces) of gold at a cost of K604.3 million since December, 2020. This is broken down in 391.92 Kgs (12,600 ounces) purchased from Kansanshi Copper Mining Plc at a cost of K500.5 million and 86.84 Kgs (2,791.91 ounces) purchased from Zambia Gold Company, a subsidiary of ZCCM – IH at a cost of K103.8 million.

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