Ziđin Koper Srbija delivers 17 tons of gold to Serbia's central bank over seven years

The mining company Ziđin Koper Srbija announced on July 28, 2026, that it has supplied the National Bank of Serbia (NBS) with 17 tons of gold over a period of seven and a half years. This amount is significant, reportedly equaling the total gold reserves of the state a decade prior.

From 2019 until mid-2026, Ziđin Koper delivered 17,005 kilograms of gold, comprising 1,356 gold bars, to the NBS. The company stated that it has maintained the same placement model for its gold as was in practice before its acquisition of the RTB Bor mining and smelting basin. Under this model, every quantity of gold produced is first offered to the NBS, which holds the preferential right to purchase it.

This obligation to offer all produced gold to the NBS has been in place for years and was not altered by changes in the company's ownership structure. In practice, the NBS consistently exercises its right to buy the gold, thereby adding to Serbia's national gold reserves. The company noted that gold would only be offered to other buyers if the NBS declined its right of first refusal, a scenario that has not occurred to date.

In the first half of 2026 alone, Ziđin Koper Srbija supplied the NBS with 164 gold bars, weighing a total of 2,057 kilograms. The company's announcement highlights the continuous contribution to the country's gold reserves through its operations.