Minister of Mines, Winston Chitando
ZIMBABWE’S government will relinquish absolute control of its vast but under-utilised mining assets, which have chronically underperformed due to under-capitalisation and mismanagement.
In a call for “expression of interest” seen by The Financial Gazette on Wednesday, the government-owned Zimbabwe Mining Development Corporation (ZMDC) is inviting investors to partner it in a range of under-exploited mineral assets, which include gold, coal-bed methane, emeralds, tantalite, lithium and graphite.