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Note 9 - Other Income | 12 Months Ended
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Dec. 31, 2021
Statement Line Items [Line Items] |
Disclosure of other operating income [text block] |
9 | Other income
|  | 2021 |  |  | 2020 |  |  | 2019 |
Government grant – Gold sale export credit incentive |  |  | - |  |  |  | 4,695 |  |  |  | 866 |
Government grant – Gold support price |  |  | - |  |  |  | - |  |  |  | 1,064 |
Other |  |  | 46 |  |  |  | 70 |  |  |  | 94 |
Greenstone Retirement Fund pay-out |  |  | - |  |  |  | - |  |  |  | 250 |
|  |  | 46 |  |  |  | 4,765 |  |  |  | 2,274 |
Government grant – Gold sale export credit incentive The Reserve Bank of Zimbabwe (“RBZ”) first announced an export credit incentive (“ECI”) on the gold proceeds received for all large-scale gold mine producers during 2016. The ECI is calculated as a percentage of the gold proceeds less the charges of Fidelity. The below table indicates when the ECI was applicable and the percentages granted, as announced by the Zimbabwean Government:
ECI applicable periods |  | Percentage |
May 1, 2016 – December 31, 2017 |  |  | 3.5 | %
January 1, 2018 – January 31, 2018 |  |  | 2.5 | %
February 1, 2018 – February 20, 2019 |  |  | 10 | %
February 21, 2019 – March 9, 2020 |  |  | 0 | %
March 10, 2020 – June 26, 2020 |  |  | 25 | %
All incentives granted by the Zimbabwean Government were included in other income when determined receivable. Incentives were received in Blanket Mine’s RTGS$ account. The ECI fell away after June 26, 2020.

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- Definition The disclosure of other operating income. [Refer: Other operating income (expense)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard -URIDate 2021-03-24 + Details
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