Zimbabwe: Gold Miners Optimistic of 100 Tonnes Per Year
Zimbabwe: Gold Miners Optimistic of 100 Tonnes Per Year
2 hours ago
Senior Reporter
Gold production declined over the past two years but miners remain optimistic of Zimbabwe’s potential to achieve its target of producing 100 tonnes yearly as challenges experienced by the sector can be overcome.
Zimbabwe Chamber of Mines chief executive officer Mr Isaac Kwesu told the Portfolio Committee on Mines and Mining Development recently that gold production had dropped from 35 tonnes in 2018 to around 20 tonnes last year because of erratic electricity supplies and inadequate foreign currency for working capital among other reasons, but that these had been addressed.
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