Home Mining Parly Committee on Mines Satisfied with Mining Sector 2023 Target Progress

Parly Committee on Mines Satisfied with Mining Sector 2023 Target Progress

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Credits - Mining Global

The Parliamentary Portfolio Committee on Mines and Mining Development says 2023 is with us already and satisfactory work has been done to achieve the $ 12 billion mining target.

Speaking to Great Dyke news, Parliamentary Portfolio Committee on Mines and Mining Development Chairperson Honourable Edmund Mkaratigwa said the development and reopening of old mines that had ceased operation have seen peak production numbers.

He said as parliament they continue to encourage efforts which are indicative of continuous capitalization and recapitalization.

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Under the US$12 billion mining roadmap, gold is expected to contribute US$4 billion, platinum US$3 billion, while chrome, iron, steel, diamonds and coal will contribute US$1 billion.

Lithium is expected to contribute US$500 million while other minerals will contribute US$1.5 billion.

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