[miningmx.com] – ZIMBABWE is seeking $50m in new investment for state-owned mining company gold mines, said Bloomberg News which cited the country’s mining development general manager, Wilson Chinzou.
“We’re still talking to investors; nothing concrete has been finalised,’ Chinzou told Bloomberg News. “Maybe within a month or two we should have concluded something,” he said.
The investment would recapitalise the Jena, Sabi and Elvington gold mines of Zimbabwe Mining Development Corporation which also owns diamond and copper operations, said Bloomberg News.
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