Government says it is committed to assisting small scale miners through the mobilisation of capital resources in line with the countryâ€™s macro- economic revival policies.
This comes after the governmentâ€™s realisation that the small scale mining sector is contributing more than 40% to mineral production and earnings annually.
Speaking on the sidelines of the commissioning of mining equipment for small scale miners in Harare, Mines and Mining Development Minister, Dr Obert Mpofu said Government is committed to help emerging miners through the provision of loans at affordable rates as well as technical support in line with the economic empowerment policies.
â€œWe remain committed to the development of the mining sector as evidenced by what we have done today,â€ said Dr Mpofu.
The Zimbabwe Miners Federation Chief Executive Officer, Mr Wellington Takavarasha said small scale miners are willing to work with government in restoring business confidence for the mining sector.
â€œWe are ready to work with the government in ensuring that this dream is attained,â€ Mr Takavarasha said.
Official data from the Chamber of Mines shows that Zimbabweâ€™s mining sector is expected to grow by 20% next year from a projected growth rate ofÂ 15,9% this year.
This comes on the back of increased production of gold, which has surged from 3,1 tonnes in 2008 to 4,2 tonnes in 2009 followed by 9,6 tonnes in 2011.
The information also reflects that small scale miners are expected to play an important role in boosting overall mineral production and earnings.