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Zimbabwean mines gain growth in 2018

12 May 2018, 9:42 AM  |
SABC SABC |  @SABCNews
Zimbabwe's mining sector has grown in most minerals in 2018.

Zimbabwe's mining sector has grown in most minerals in 2018.

Image: SABC

Zimbabwe's mining sector has grown in most minerals in 2018.

Zimbabwe’s mining sector has experienced growth in most minerals in the first quarter of 2018.

According to the Chamber of Mines of Zimbabwe, lithium output grew by 54%, Gold 53%, Coal 46%, Nickel 18% copper 3%.

The chamber says it is now lobbying the government to remove the indigenisation cap on the diamond and platinum sectors.

CEO of the Chamber of Mines of Zimbabwe, Isaac Kwesu says “If you take all minerals including the new kid lithium, it was up 54% output, so the general performance is encouraging… this, compounded also by the firming up prices… I think the viability has improved, and we anticipate that the coming year end, we are going to record significant increases in the performance of the sector.”

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Tags: GautengJohannesburgIsaac KwesuChamber of Mines of Zimbabwe
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