Govt courts Japanese, Chinese investors

corporation will be a subsidiary of the Zimbabwe Mining Development Corporation.
Mines and Mining Development Deputy Minister Gift Chimanikire said it was crucial to secure foreign partners with the requisite technologies and finance for mineral exploration.
“The mining industry has revolutionised, exploration is now done by satellite. On our own we don’t have the capacity to set up that company, so we are talking to Japanese and Chinese investors who are expected in the country next month,” he said.
Mr Chimanikire said presently at least 40 percent of the country was not explored.
He said Government was targeting to have the company in place before the end of this year. — New Ziana.