Gold centres to be rolled out

17 Sep, 2018 - 00:09 0 Views
Gold centres to be rolled out Minister Winston Chitando

The Chronicle

Water Mswazie, Masvingo Correspondent
THE Government will soon establish gold centres throughout the country as efforts to increase gold output to 100 tonnes per annum by 2023 gather momentum.

This comes in the wake of reports that the country produced 26 tonnes of gold last year and by August this year gold mines had produced 24.8 tonnes setting the pace for the projected 36 tonnes of gold achievable by year end.

Addressing stakeholders during a luncheon hosted by Masvingo Polytechnic dubbed, “The principal’s dinner” on Friday, Mines and Mining Development Minister Winston Chitando said the vision to achieve a middle income economy by 2030 through mining, infrastructure development agriculture revolution and tourism was attainable.

“Our vision is to have a middle class economy by 2030 which is defined by gross domestic product of $3 000 per capita,’’ he said.

“Last year our gold deliveries were 26 tonnes and efforts to increase production up to 100 tonnes are being made. The country will establish gold centres and we will start with four. The first one is in Bubi in Matabeleland South while the other three will be Penhalonga in Manicaland, Masvingo and Silobela in the Midlands. These centres will cater for those who have mining claims especially small scale miners,” said Minister Chitando.

He said the Government would cater for the new players in the mining industry as it had already secured funding.

“The mining industry realised about $2.6 billion revenue by 2017 and prospects are high that this will increase to $12 billion revenue by 2023 given that the country has concrete deals that it has signed with its partners.

“Government has sourced about $50 million dollars for our small scale miners and under this fund there shall be a provision of equipment and starters will also benefit. There is also going to be a minerals desk for easy co-ordination of mining activities.”

Turning to tertiary institutions, Minister Chitando urged colleges to partake in industry through research and innovation.

‘We want our tertiary colleges to train diamond polishers so that we do not import labour for things that we can do on our own. That is too expressive. We also want Masvingo Polytechnic to partake in the fishery project at Tokwe-Mukosi dam here in Masvingo province,” he said. — @walterbmswazie2

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