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Mat North targets US$1bn coal revenue - Zimbabwe Situation


Mat North targets US$1bn coal revenue
Senior Business Reporter
Matabeleland North Province has itself a target to contribute at least US$1 billion from coal to the Government’s national target of growing mining to a US$12 billion industry by 2023, a senior official said.
Minister of State for Provincial Affairs Richard Moyo told a Chamber of Mines of Zimbabwe annual conference in Victoria Falls last week that his province appreciated the role of mining in national economic development.
Mining is strategic to Zimbabwe’s plans to grow and turnaround the economy with the sector accounting for over 60 percent of the country’s export receipts and contributing 16 percent of gross domestic product (GDP). ....

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