The government has revised downwards its mineral exports targets from US$3 billion to US$2.6 billion with chrome expected to meet its expected earnings while gold output was affected by the incessant rains experienced during the beginning of the year.
In an interview with ZBC News on the sidelines of a stakeholders mining indaba held in Bulawayo, the Minister of Mines and Mining Development Cde Walter Chidhakwa said as of the 15th of September, Zimbabwe had raked in US$1.6 billion in mineral exports.
He however said, the government’s target of US$2.6 billion is anchored on ferrochrome which has met its target of US$300 million as well as a stock of 1.3 million diamond carats which are currently being polished.
On the mines and mining development and the minerals exploration bills that were part of the mining indaba deliberations, the acting chairperson of the Portfolio Committee of Mines and Energy Cde Robert Mukwena said there are still a number of grey areas that need to be ironed out by his committee and the mines ministry before the bills are reintroduced in parliament.
The two bills are set to provide direction to the disputes between miners and farmers that are hampering production in the two critical sectors of the economy while a policy to deal with rampant environmental land degradation in the country is said to be on the cards.