Mining sector sees ‘mixed’ performance

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THE Chamber of Mines of Zimbabwe (CoMZ) has described the mining sector’s performance as “mixed,” citing a challenging operating environment characterised by policy inconsistencies, weakening commodity prices, and fragile power supply.

“Depressed commodity prices have seen some sectors, such as lithium and platinum group metals (PGMs), remain sluggish.

However, gold has gained, with output increasing and supportive prices,” said CoMZ chief executive Isaac Kwesu, in an interview with The Financial Gazette.

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