Zimbabwe expects to earn $12-billion a year from mineral exports by 2023, Mines Minister Winston Chitando says.
Mineral production was expected to be boosted by increased output at Anglo American Platinum’s Unki mine and Impala Platinum Holdings’s Mimosa project, which had submitted expansion plans to government, Chitando told lawmakers last week in the capital, Harare.
Diamond production was expected to reach 12-million carats a year by 2023, he said.
Zimbabwe earned $2.4-billion from minerals exports in the first half of 2018, according to central bank data. Platinum generated $566.9-million and industrial diamonds $40.1-million, the bank said last month.