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Government Launches US$63m Mining Fund, Raises Sector Target to
Government will next month launch a US$63 million financing facility for small-scale miners and has raised its long-term mining sector target to a US$15 billion economy, underpinned by ambitions to double annual gold production to 100 tonnes.
The facility, established through a partnership between the Minerals Marketing Corporation of Zimbabwe (MMCZ) and FBC Bank, will be officially launched on November 12, with seven initial beneficiaries already identified.
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