China Gold Congress to Help Zimbabwe Attract Capital: Chitando
The Minister of Mines and Mining Development, Hon. Winston Chitando, invited to be one of the key speakers at the China Gold Congress and Expo, sees it as an opportunity for Zimbabwe’s gold industry to attract capital for growth and development.
Speaking on the sidelines of the gold mobilization deployment workshop held at Jameson Hotel in Harare on Monday, Minister Chitando said the event will help the country attract capital investment for its growth.
“I think it is relevant to the extent that if you look at our gold sector, or the mining industry in general, and the gold sector in particular, you can see how this can help us. It can help us through interaction with stakeholders and by attracting the necessary capital for people to invest in the industry. So, it is relevant to that extent,” Hon. Chitando said.
The mining industry in Zimbabwe requires capital for exploration and mine development. Zimbabwe used to be in the top five gold producers, but at the moment it is not in the top 20 due to limited investment in exploration.
The China Gold Congress and Expo will be held on July 26-28 at the National Convention Center in Shanghai and will be hosted by the China Gold Association and the World Gold Council.
Through a letter seen by Mining Zimbabwe, Andy Yu, writing on behalf of the Chairman of the China Gold Association and the CEO of the World Gold Council, invited the Minister of Mines and Mining Development, Hon. Winston Chitando, to be one of the key speakers at the event. The invitation was also extended to ZMF and the country’s gold mining industry.
The China Gold Congress and Expo covers the entire value chain, including exploration exchange, mining and technology, investment and market, and jewelry and consumption.
As one of the largest industrial gatherings, the China Gold Congress is a commercial event for gold mining and investment development. It offers a range of business opportunities, bringing together gold mining companies and suppliers for exchanges and collaborations.
Commenting on the invite, the ZMF President, Ms. Rushwaya, said it was a life-changing opportunity for ZMF and will empower the mining industry towards growth and development as the country moves towards the achievement of an upper-middle-income economy by 2030.
“This is a life-changing opportunity for ZMF, enabling our growth, especially in the gold sector, as we interact with world leaders and exchange information. We look forward to this event, which will market our miners and country. We are positive that we will forge exciting collaborations as we attend and speak at this event,” Rushwaya said.