10M LOAN FACILITY FOR GOLD PRODUCERS
Written by Panashe Madzinga on July 10, 2018
Mines Minister Winston Chitando says the Government will next week unveil a $10 million loan facility for gold producers. The loan facility will be launched on the 15th of July and is meant to enhance production and surpass the gold output target which is about 30 tonnes. Minister Chitando says this comes after Government recently unveiled a $50 million loan facility for chrome producers. Government has unveiled various loan facilities to assist small scale miners, who have become a significant player in the local mining sector.