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(iStock) Zimbabwe plans to use profits from a mining venture to help settle a $3.5 billion compensation claim from white farmers and settle a two-decade dispute that’s soured the country’s relations with Western nations and global lenders. Kuvimba Mining House, of which the government owns 65%, intends to raise $1 billion for acquisitions and capital expenditure. It will invest a significant amount of the cash raised on the Darwendale platinum project, which belongs to Kuvimba’s Great Dyke Investments unit, according to Chief Operating Officer David Brown. If successful, the company could help meet the $3.5 billion the government agreed to pay thousands of white farmers it began evicting from their land in 2000 in a failed land reform program that has seen Zimbabwe’s economy collapse. Resolving the dispute is key to repairing relations with multilateral lenders who have shut off finance to the country.

Great dykeZimbabwe generalMthuli ncubeDavid brownMining houseGreat dyke investmentsChief operating officer davidFinance minister mthuli ncubeMetallon gold zimbabweநன்று டைக்ஸிஂபாப்வே ஜநரல்டேவிட் பழுப்புசுரங்க வீடுநன்று டைக் முதலீடுகள்தலைமை இயங்குகிறது அதிகாரி டேவிட்