Zimbabwe: Zim Mining Needs Switch From Beneficiation - Chamber

The Chamber of Mines of Zimbabwe has called for the government to help the mining sector - described as unstable at the moment - grow and become sustainable by switching to exploration and project development instead of railroading the implementation of beneficiation policies.

Zimbabwean mining investors - among them units of Anglo American Platinum [JSE:AMS], Impala Platinum [JSE:IMP], Aquarius Platinum [JSE:AQP], Rio Tinto, Mwana Africa and Metallon Gold - are in a pickle over depressed commodity prices and have had to operate against the backdrop of policy inconsistency.

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