By Business Reporter – Wednesday 22 May 2019
HARARE (Mining Index) – THE Chamber of Mines Zimbabwe (CoMZ) will next week launch a book that will chronicle the history, trends and mining opportunities in Zimbabwe.
Dubbed “Mining in Zimbabwe,” the book was authored by John Holloway, who will present a synopsis of the book during the Zimbabwe Annual Mining Conference scheduled to take place from the 29th of May to 1 June 2019 in Victoria Falls, running under the theme “Realising Vision 2030 through mineral resource-led growth”.
Addressing media in Harare, CoMZ President Batsirai Manhando said this years’ theme and programme are aligned to private sector growth plans with government narrative of Vision 2030.
Government has earmarked mining to anchor economic growth and transformation towards its Vision 2030 of making Zimbabwe a middle income country.
Zimbabwe’s mining generates over 60 percent of national export earnings. It is estimated the sector accounts for between 12 percent and 16 percent of the Gross Domestic Product (GDP).
President Emmerson Mnangagwa is expected to officially open the main conference, with international speaker, Dr. E. Lilford, a seasoned minerals economist who is based in Perth, Australia expected to share with delegates on best practice in leveraging on mineral resources for socio- economic development.
Manhando said the mining conference encompasses an additional day, dedicated to symposiums which will have intensive discussions on gold and platinum industries growth strategies in line with the need to unlock the potential in the two minerals, which have been Zimbabwe’s top foreign currency earners.
Gold production has been dominated by artisanal and small scale miners contributing over 60 percent in output against primary producers.
“The session on the gold industry will discuss strategies for achieving the government gold output target of 100 tons by 2023 while the Platinum Session will explore strategies to achieve 50 tons of platinum by 2030 and maximise the contribution of platinum resources to the economy,” he said.
Government intends to grow mineral revenue from $3 billion to $12 billion sector by 2023. ENDS//