Government has approved the Greater Chinhoyi Copper Development in line with the mining target of a USD12 Billion mining industry by 2023.
The Greater Chinhoyi Copper Development Programme entails of six copper projects becoming operational by 2023.
Addressing at post cabinet briefing Minister of Information, Publicity and Broadcasting Services Senator Monica Mutsvangwa said government approved the Greater Chinhoyi Copper Development Programme.
“Cabinet approved the Greater Chinhoyi Copper Development Programme which entails six copper projects becoming operational by 2023.A further three projects are Greenfield projects which will have resource definition being undertaken with the objective of making them operational,” she said.
Shedding light on a number of projects that are going to be rolled towards the achievement of the mining target Mutsvangwa said that the Ministry of Mines and Mining Development will be submitting proposals in due course.
“The Ministry of Mines and Mining Development will be submitting proposals in due course of the six projects, the re-treatment of the Mhangura and Alaska copper dumps which were previously approved by Cabinet whilst two new projects being the reopening of Angwa Mine in Chinhoyi and Shamrock mine in Hurungwe were approved by Cabinet. Proposals on two other projects to make them a total of six will be presented in due course,” she added.
The two projects approved are for joint ventures between Zimbabwe Mining Development Corporation (ZMDC) and Govine Enterprises over Shamrock Mine in Hurungwe which will reopen by the end of 2022 employing an estimated 4 500 people and generating US$32 million per annum as well as the Hongua International over Angwa mine and the Chidzikwe dump which will be operational by mid-2022 employing an estimated 400 people, generating an estimated US$33 million per annum.
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