The Herald (Harare)
12 December 2008
MINERAL production for 2008 has declined significantly due to shortages of foreign currency and policy uncertainties in the prevailing economic environment.
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I love it, Mineral production declined because of foreign currency shortages, So where did the money go for all the gold they sold for the producers. Certianly did not go to the owners, didn't go to sanitation or clean water production. Must have been the policy uncertainties, uncertian whether the policies at present in place might bring about a change in government, so better nick the loot while we still can.
What happened to all these sanctions on mining? Sounds like there is still a market place for Zimbabwean minerals out there.
70kg of gold is around $2 million US worth. That is not much money if its the main currency earner for a country. It would not even pay for the cars mugabe bought everyone as an election bribe!