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Chinese Expand Mining Investment in Zimbawe
Chinese investors who were part of a recent visiting delegation are eyeing significant investments within Zimbabwe’s gold and platinum sectors, the Herald Business has gathered.
While no figures could be obtained, this paper understands that the Chinese are admirers of Zimbabwe’s mining industry, and were keen to pour in money.
The 22-member delegation, which consisted of mining, [...]
Namibia: Mugabe Eyes Building Links With Erongo
NAMIBIA’S Erongo Region can become a key partner in Zimbabwe’s economic turnaround plan.
During his brief visit to Walvis Bay on Thursday, Zimbabwean President Robert Mugabe said exporting and importing via the port of Walvis Bay rather than the often congested port in Cape Town, could enable the shipment of goods to and from Zimbabwe to [...]
Metallon Gold output up 40pc despite challenges
MGZ chief executive Mr Collen Gura said that despite the adverse economic environment, the mining company produced 140 000 ounces of gold last year against a target of 160 000 ounces for the period.
He said two of their mines, How and Shamva, produced 66 percent of the gold.
“Given the modus operandi, we are doing our [...]
