Zimbabwe's gold output down 26%

Comment on this story
Walter Chidhakwa1 Reuters. Zimbabwean Mines Minister Walter Chidhakwa.

Harare - Zimbabwe's gold production fell 26 percent to six tonnes during the January-July period, compared to the same period a year earlier, Mines Minister Walter Chidhakwa said on Monday.

Chidhakwa did not give a reason for the drop in production but the Chamber of Mines has said gold mining companies are struggling with electricity shortages and lack of capital.

Bullion sales account for more than 30 percent of the southern African country's total exports.

Chidhakwa said 26 percent of the mineral was being produced by small-scale miners. - Reuters



sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.