mining.jpgPrime Minister Morgan Tsvangirai says government is committed to the creation of conducive policies which ensure that mining companies contribute effectively to the country’s economic recovery process.

 

Mr. Tsvangirai was speaking during a tour of platinum mining giant, Zimplats operations in Ngezi.

 

“We need to remove all those obstacles that hinder development in mining sector,” said Mr Tsvangirai.

 

 Mining companies have raised concerns over the security of mining claims in light of land which has been earmarked by government for land redistribution.

 

Commenting on the US$ 34 million advance that the Reserve Bank of Zimbabwe owes to the company, Mr. Tsvangirai said the Finance ministry has proposed a debt recovery strategy the government will adopt.

 

Mr. Tsvangirai also noted the need to resolve the Zimplats’ concerns over additional profits tax, which the firm believes are punitive.

 

During the tour, Prime Minister Tsvangirai was accompanied by the Minister of State for National Security in the president’s office, Dr Sydney Sekeramayi, the new Deputy Minister of Mines and Mining Development, Mr. Gift Chimanikire, Deputy Minister of Media Information and Publicity Mr. Murisi Zwizwai among others.

 

The delegation toured some of the underground operations, phase 2 of the Ngezi mine which is set to undergo a US$ 445 million r expansion, and the mine’s concentrator project established in 2007.