Mining sector on course to achieve 2023 targets

By Owen Mandovha

PRESIDENT Emmerson Mnangagwa has been commended for spelling out a clear roadmap for achieving mining sector targets and re-energising players in the industry.

Mines and Mining Development Minister, Winston Chitando described the President as the architect of the US$12 billion mining industry by 2023 which has spurred the Zimbabwe Miners Federation and the Chamber of Mines to be willing partners in the attainment of the milestone.

This has seen the Zimbabwe Miners Federation coming up with various incentives for its members with a vehicle support facility meant to increase gold output being launched in Harare this Thursday.

“When the President came in, he clearly spelt out what needed to be done so that we attain an upper-middle-income-economy,” said Minister Chitando.

“We are now at over US$8 billion at the moment but let me hasten to say that the two organisations namely the Zimbabwe Miners Federation and Chamber of Mines have worked wonders to achieve that.

“The former I remember was not yet established when we came in but it has managed to mobilise small scale miners countrywide and as we speak record gold output has been achieved over the last couple of years.”

Zimbabwe Miners Federation (ZMF) President, Henrietta Rushwaya said the vehicle facility is an indication of their determination to increase gold output.

“Our members have become more organised but also confident in how we are representing their interests, but thanks to the government whose overwhelming support through timely payments for deliveries have indeed buoyed the small scale industry,” she said.

The facility provides ZMF members with concessionary terms of buying vehicles and includes key mining equipment which will enhance operations of small scale miners.

The post Mining sector on course to achieve 2023 targets appeared first on ZBC NEWS.

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