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Zimbabwe’s State-Owned Miner Plans to Revive Gold Production
Mar. 30, 2011 07:37AM PST
Precious MetalsBloomberg reported that Zimbabwe Mining Development Corp announced plans to reopen three gold mines in the country.
Bloomberg reported that Zimbabwe Mining Development Corp announced plans to reopen three gold mines in the country.
The market news is quoted as saying:
The ZMDC is negotiating with an unidentified Zimbabwean bank to borrow $300,000 for exploration at its Elvington Mine, where shafts have been closed for eight years following a collapse.
