By Business Reporter – Wednesday 5 February 2020
HARARE (Mining Index) – HUGE mining opportunities are abound in Zimbabwe for those interested in exploration, says Mines and Mining Development minister Winston Chitando at the on-going Investing in African Mining Indaba Conference in Cape Town, South Africa.
Chitando said Zimbabwe is endowed with over 60 minerals, but only 10 are being actively mined due to under-exploration.
The mining indaba, which started on Monday, is expected to end tomorrow.
Most small scale and artisanal miners are scrambling to extract gold which is available in all the country’s 10 provinces.
Chrome, platinum group of metals (PGMs which consist of platinum, palladium, rhodium, ruthenium, iridium and osmium), manganese, lithium, coal among others are some of the minerals being actively mined in Zimbabwe.
Iron and steel, asbestos, copper, emeralds and coal bed methane (CBM) are some of the minerals not being actively extracted, which if fully mined have potential contribute significantly not only to the country’s Gross Domestic Output (GDP) but to achievement of the US$12 billion mining target set for 2023. ENDS// www.miningindex.co.zw
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