Bulawayo hosts mining indaba

Mr Dosman Mangisi
Mr Dosman Mangisi

Business Reporter
THE Ministry of Mines and Mining Development in conjunction with the Zimbabwe Miners Federation (ZMF) will hold the first quarter meeting in Bulawayo tomorrow to review the performance of the sector and map strategies for improved output.

Organisers said the meeting will be held at the Zimbabwe International Trade Fair grounds at 10AM with participants also coming from  Matabeleland North and Matabeleland South provinces.

Both large and small-scale miners will attend the meeting, where issues of concern to the sector will be discussed, ZMF spokesperson Mr Dosman Mangisi said.

He said issues tabled for discussion include revising and reviewing of gold targets for the region, including challenges faced, existing opportunities and solutions.

Mr Mangisi said the meeting would also focus on the mining promotion events for the year such as the Mining, Engineering and Transport Expo (Mine Entra), quarterly meetings calendar, available loan opportunities from other mining stakeholders and corporate social responsibility.

There will also be an update from Fidelity Printers and Refiners, the country’s sole gold buying entity on the $20 million loan facility.

Reserve Bank of Zimbabwe Governor Dr John Mangudya unveiled the $20 million gold development package late last year as part of measures to boost gold production through capacitating small-scale and artisanal mining operations.

About $12 million worth of loans had been disbursed to small-scale miners across the    country by December, with more applying for the funding.

The proposed setting up of a Mining Affairs Board is also set to be discussed.

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