Chitando, Bravura sign a $50million Platinum deal
BRAVURA Consortium will spend more than $50-million to explore for and mine Platinum in Zimbabwe, the Minister for Mines and Mining Development, Winston Chitando said yesterday after both parties signed the agreement.
Zimbabwe is seeking to quickly exploit its reserves of platinum, which is in growing demand for use in catalytic converters to limit emissions as car manufacturers shift to making electric cars powered by lithium batteries.
The Bravura Consortium is a multi-national mining house registered in the Republic of Dominica and is domiciled in Ghana with subsidiaries in Nigeria, DRC, Guinea and Zimbabwe.
