The country, which sits on the second-largest known platinum deposits after SA, is keen to revive the sector to drive economic growth
Zimbabwe may withdraw mining rights from companies that take too long to dig for minerals, the deputy mines minister said on Wednesday, part of efforts to lift output in a sector vital to the country’s economic revival.
“We will be calling owners of such mineral resources to come forward and show cause why they are not mining,” he said on the sidelines of the conference. “If we’re not satisfied with their explanation or mining plans, then we will kindly ask them to give that resource back to the government.
About a year ago, Mnangagwa won the first election since the removal of Mugabe in 2017, and has laid out an economic transformation strategy that his government hopes will turn the country into a middle-income economy by 2030.
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