Industry & Commerce MINING

Opening the mining sector for business

In progress
Apr 2019

Steelmaker pours in $5bn

www.herald.co.zw April 24, 2019

GOVERNMENT yesterday signed an investment deal worth over $5 billion with Chinese steel giant, Tsingshan, for the setting up of a steel plant in Mvuma and to bankroll a number of mining activities. The deal is expected to create at least 30 000 jobs.

Apr 2019

Cabinet approves $350m Zisco deal

www.herald.co.zw April 17, 2019

Government yesterday approved a $350 million investment deal in which ZimCoke (Pvt) Ltd will revitalise the coke plant within Ziscosteel, creating more than 800 jobs for a company that is to employ 5 000 people at its peak.

Apr 2019

Zimbabwe, Russia Sign $4 Billion Platinum Mine Deal

www.zimbabwesituation.com April 11, 2019

Zimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalizing a deal that’s stalled since 2014.