Are these mines being held for speculative purposes?

- Local - November 15, 2021
Athens Mine tailings dump in Mvuma
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By Staff Reporter

HARARE (Mining Index) – A SIGNIFCANT number of mines in Zimbabwe have been lying idle for over a decade, prejudicing the country of meaningful mining revenue.

Government, through the Ministry of Mines and Mining Development set out to achieve a US$12 billion mining economy by 2023.

Mines that have been lying idle for over a decade are a threat towards realisation of this dream.

While some of these mines are alleged to be linked to precolonial owners, some claim these mines are being held for speculative purposes.

Artisanal miners have invaded some of the mines in order to put food on their table.

Here are some of the mines lying idle; –

  • Duration Gold Hilux Mine,
  • Athens Gold Mine,
  • Gaika Gold Mine,
  • Durban Gold Mine,
  • Motapa Gold Mine,
  • Lonely Gold Mine,
  • Umviga Gold Mines,
  • Queens Gold Mine,
  • Turk Gold Mine,
  • Kerry Gold Mine,
  • Old Nick Gold Mine,
  • Camperdown Gold Mine,
  • Wonderer Gold Mine,
  • Golden Quarry Gold Mine. ENDS// miningndex.co.zw

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