23 Hrs
Source:
الاقتصادية
Zimbabwe launches gold mining expansion
The article concerns Zimbabwe-owned gold mining company "Motapa Gold Resources," which plans to expand its production to 220,000 ounces annually by 2029. After a 10% decline in production in the previous fiscal year, the company successfully secured an initial funding of $75 million to boost output at the Champa Hill mine, located 100 kilometers from Harare. The company also aims to expand the Gina mine and increase ore extraction from the Frida Rebecca mine, with an additional goal of incorporating artisanal miners into its plans to enhance production and support the national economy through the gold sector.
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