Investment in mineral value addition gets thumbs up

Online Desk |  9 months ago | top

The Zimbabwe Chamber of Mines has come out in support of President Emmerson Mnangagwa’s call for the country to invest in beneficiation as well as value addition of all minerals , locally. 

Speaking to Star FM Radio News, Chamber of Mines chief executive officer , Isaac Kwesu said currently there is a buy in from the Diamond and Platinum sector to value add the ore, which is set to grow the country’s foreign currency receipts.

Meanwhile, Zimbabwe Diamond and Allied Mineral Workers Union secretary general, Justice Chinhema said the call to expedite implementation of the value addition policy will enhance benefit to employees through improved remuneration.

Last Thursday , President Mnangagwa officially opened the African Diamond Producers Association extra ordinary meeting at Elephant Hills Resort in Victoria Falls where he challenged African countries to beneficiate all their minerals for the benefit of the continent.