18 January 2018
   
LATEST: Bennett in fatal chopper crash?
Polls in '4 to 5' months: Mnangagwa
$430k cocaine woman blames Brazil firm
Tobva tadii paya trio bailed after 3mths
Businessman fleeces clinic of $27,000
Soldiers deployed all over rural Zim: MDC-T
MDC-T’s Mudzuri begs ZCTU for support
Moyo claims CIO spy killed during coup
MORE NEWS
Bond notes here to stay, says Chinamasa
South Koreans in $70m Zim agro-project
MORE BUSINESS
Hubby bashes Star FM anchor in love row
$18/yr subscr too much for musicians
MORE SHOWBIZ
Zimbabwe beat Sri Lanka in thriller
Caps bid to rehire star forward Nhivi
MORE SPORTS
A view beyond the Zimbabwe coup
'Shit-hole': Just Take moral high ground
MORE OPINION
 
Economy: the need for a paradigm shift
Trump rage ignores truth: A response
MORE COLUMNISTS
 
 
Government sets up gold buying centres
16/02/2014 00:00:00
by The Source
 
We will start with Zhombe ... Walter Chidhakwa
 
RELATED STORIES
Royalty on gold cut to boost production
RBZ exports 2,5 tonnes of bullion

THE government has started setting up gold buying centres countrywide to tap into the production of the country’s estimated 1.3 million artisanal miners, the mines minister told Senate on Thursday.

“We agreed on the establishment of service centres and will start with Zhombe (near Kwekwe) which is currently under construction to provide basic services to small scale gold miners,” said Walter Chidhakwa during a question and answer session in the Senate.

The minister was responding to a question by the Senator for Mashonaland Central, Alice Chimbudzi on measures that government has put in place to make sure that gold from small scale miners is properly harnessed.

Chidhakwa said the centres would offer various services such as gold milling, collection points and assist with environmental impact assessments.

“The centres will also house gold collection facilities so that small scale don’t take their gold to Harare,” he said.

He said the sites would also be staffed with geologists, engineers and metallurgists.

The government allocated $100 million to small scale miners in the 2014 national budget and is going to formalise their operations through an Act of Parliament.

In addition, the Mining Industry Loan Fund was allocated $460,000 which would be used to buy equipment for the miners.

Zimbabwe expects to get 14 tonnes of gold this year from 11 tonnes in the prior year, still short of the almost 27 tonnes achieved in 1999.

The mining sector is expected to expand by 11.4 percent in 2014, having grown by 6.5 percent in 2013.


Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark

 
 
 
comments powered by Disqus
 
RSS NewsTicker