While the supply chain disruptions from the Covid-19 pandemic impeded implementation of some mining projects, output surged on the back of the global commodity price boom, with gold production reaching a record level in more than two decades.
The
Among the key deliverables, the roadmap entails enhanced exploration, measures to ensure optimum benefits to the citizens, increased exports and foreign currency generation, enhanced investment and capacity building, increased productivity and employment creation as well as value addition.
Gold exports are expected to reach
The Chamber of Mines said while the pandemic induced disruptions slowed down project implementation particularly during the period immediately after the outbreak of the Covid-19 pandemic, the situation had since changed with the mining sector now operating normally with most companies implementing their planned capital projects smoothly.
"The mining industry has remained largely resilient during the Covid-19 pandemic albeit with some bottlenecks including supply chain disruptions, closure of commodity markets and restrictions in terms of movement of people, including experts working on mining projects," Chamber of Mines of
The secretary for Mines and Mining Development Mr
There are several mining projects already in the pipeline in
The BMR plant project will bring about capacity for local base metal refining and is expected to create more than 1 000 jobs.
In 2019,
Outlining progress on the 100 Day Cycle projects to
The construction of
The new processing plant at Murowa Diamond will see the company more than doubling monthly processing capacity to 500 000 tonnes.
Last week, RioZim said it had intensified exploration activities at its gold mining assets
Minister Chitando said the construction of the Carbon Steel Plant in Chivhu-Mvuma was 35 percent complete while the Grand Sanyuan Copper Resources Zimbabwe furnace in
The facility's foundation has been completed while the setting up of the electrolysis unit will be undertaken at a later stage, according to Minister Chitando.
The installation of a washing plant at the Amazon Ferrochrome Smelter Establishment, at Mutorashanga is almost complete.
Several PGMs projects, including multi-million dollar investments by
Mr Kwesu said the mining industry remained committed to work closely with the Government towards achieving the national target.
He said over the past two years, the country witnessed a lot of progress in terms of resuscitation of previously closed mines, expansion of existing operations and opening of new mines across all mineral categories.
As a result, the mining sector is showing signs of strong growth benefitting from a production ramp up on the back of capital injections that have been experienced over the past 2 years.
With the Covid-19 situation having improved significantly, the mining industry is poised for a significant positive growth trajectory in 2022 and 2023.
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