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'Zim edging closer to Vision 2030' - Zimbabwe Situation


‘Zim edging closer to Vision 2030’
Fungi Kwaramba in VICTORIA FALLS
DESPITE the Covid-19 pandemic and its negative effects on the country, Zimbabwe is edging closer to achieving its goal of becoming an upper middle income economy by 2030 anchored on a resilient mining sector, President Mnangagwa said.
This follows key interventions by the Government which have seen the critical mining sector operating on full capacity notwithstanding the Covid-19 pandemic.
It also comes as the Government’s engagement-and reengagement policy is bearing fruit with investors lining up to plough resources not only in the lucrative mining sector but across the facets of the economy. ....

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Zimbabwe's Kuvimba seeks $1 billion for platinum, gold projects


By Reuters Staff
2 Min Read
HARARE (Reuters) - Zimbabwe’s unlisted Kuvimba Mining House is seeking to raise $1 billion for its gold and platinum projects, including a gold mine that could produce 150,000 ounces a year, as well as exploration, its chief executive officer said on Friday.
A Zimbabwean miner works underground at Metallon Gold mine in Shamva, about 80 km (50 miles) north of the capital Hararre, June 14, 2011. Metallon Gold, Zimbabwe s largest gold miner, will raise output to 95,000 ounces this year but will miss an initial target of 136,000 ounces due to flooding at three of its mines, a senior official said last week. REUTERS/Philimon Bulawayo/File Photo ....

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