Zimbabwe needs $5.3bn for Pt sector

[miningmx.com] – ZIMBABWE’s platinum sector requires $5.3bn in investment if it was to produce 500,000 ounces of the metal – the amount required to justify building a base and precious metal refinery, said Bloomberg News which cited a report obtained from the country’s Chamber of Mines.

“It’s evident from 2017 onward Zimbabwe’s production of platinum will be approaching that of Russia,’ the Chamber said. “This growth projection, however, requires significant investment.’

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