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Spends efforts to stimulate gold output



The Herald

Walter Mswazie Masvingo Correspondent
The government will soon establish gold centers throughout the country as efforts to increase the gold output to 100 tons per year will accelerate by 2023. This comes in the aftermath of reports that the country produced 26 tons of gold last year and by August this year the gold mines had produced 24.8 tons, which set the pace for the expected 36 tons of gold achievable by the end of the year. used to be.

During a lunch that was organized by Masvingo Polytechnic, who & # 39; The principal & # 39; s dinner & # 39; It was said, Minister Mins and Mining Development, Winston Chitando, that the vision to create a middle-income economy by 2030 through mining, the development of the agricultural revolution and tourism was feasible.

"Our vision is to have a middle-class economy by 2030 that is defined by the gross domestic product of $ 3,000 per capita," he said.

"Our gold deliveries last year were 26 tons and efforts are being made to increase production to 100 tons, the country will establish gold centers and we'll start with four, the first is in Bubi in Matabeleland South, while the other three are Penhalonga in Manicaland. Masvingo and Silobela in the Midlands These centers will focus on those who have mining claims, especially small-scale miners, "Minister Chitando said.

He said the government would provide the new players in the mining sector, because it had already received funding.
"The mining industry generated about $ 2.6 billion in revenue in 2017 and the prospects are high that this will rise to $ 12 billion by 2023, as the country has concrete deals with its partners.

"The government has raised about $ 50 million for our small-scale miners, and there will be a supply of equipment and will also benefit its starters, and there will also be a minerals office for easy coordination of mining activities."
With regard to tertiary institutions, Minister Chitando urged colleges to take part in industry through research and innovation.


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