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ZMDC seeks $30m to revive gold mines

HARARE – The Zimbabwe Mining Development Corporation (ZMDC) is seeking $30 million to resuscitate its gold mining operations. Wilson Chinzou, the ZMDC acting-general manager told the Mines and Energy parliamentary portfolio committee yesterday that the company’s priority was Sabi Gold Mine (Sabi) in Zvishavane — which is currently technically insolvent and requires $15 million working…

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