- December 25, 2018
- Posted in NEWS
GOLD miners have said they are optimistic that they will surpass the 2019 gold production target of 34 tonnes and called on Government to continue playing its supportive role in the mining sector.
Government recently announced a 34 tonne target of gold production next year, up from 2018 target of 30 tonnes.
The sector has already surpassed this year’s target by more than two tonnes owing to empowerment of small scale miners and other supporting schemes like loan facilities for miners by Government.
Speaking during a Young Miners Federation (YMF) annual convention in Gweru last Thursday, Zimbabwe Miners Federation (ZMF) president, Ms Henrietta Rushwaya, said the mining sector needed maximum support from Government to deliver desired output.
She called on Government to incorporate more youths, women and the disabled in the mining programmes.
“Youths play a pivotal role in the achievement of vision 2030 and thus, they should be included in most of the Government mining programmes. The same should be done by the young miners themselves, they should take mining seriously. There is need for youth to take mining seriously as it is source of livelihood for now,” said Ms Rushwaya.
She applauded Government for erecting gold processing plants across the country, a move she said will go a long way in curbing leakages of the precious mineral as well as corruption.
“As Fidelity, we have rolled out some loan facilities where miners can be capacitated so that we increase gold production.
“We are, however, worried by the low uptake of the fund by youths and women. We, therefore, urge them to utilise the fund as it is for them,” said Mr Gambiza.
Out of the $140 million gold fund, youths only utilised about $1,4 million. Fidelity has, however, condemned some miners who are in the habit of converting the loan facility for personal use saying they should stop doing so.
“We have resorted to not wiring the money to the miners but to the supplier of services as some miners were now blowing the money on cars and other luxuries instead of investing in the mining business. We urge the miners to use the money wisely as it goes a long way in earning the country more foreign currency,” he said.
YMF Co-Founder Mr Payne Kupfuwa said youths should take mining seriously as they played a critical role in achieving vision 2030 of a middle income economy.
The convention was held under the theme, “Building smart partnerships for young miners” and was attended by more than 100 delegates drawn from all the country’s.
source: The Chronicle