Mining key economic driver in Mat. North: Moyo

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The Minister of State for Provincial Affairs for Matabeleland North, Richard Moyo has expressed optimism that the resource-rich province will leverage on mining in its devolution strategy to spur development in the area.

Moyo said this at the 2022 Annual Chamber of Mines Zimbabwe Conference being held in his province at the Elephant Hills Hotel, Victoria Falls.

This year’s conference is being held under the theme “Consolidating Growth Drivers for the Mining Industry.”

“Matabeleland North province, we are very proud to be endowed with a lot of mineral resources including coal, coal bed methane gas (CBM), tin and lithium among others.

“Your Excellency, with all these mineral endowments, Matabeleland North Province is surely geared to contribute significantly to the mining sector’s milestone of a USD12 billion mining sector by 2023 and ultimately to the national vision of Zimbabwe becoming an Upper Middle-Income Country by 2030.

He urged the government and private sector to continue working together for mutual benefits.

According to Moyo, the province was witnessing a boom in the mining sector, as existing projects were were expanding their operations while new projects were coming up.

“It is pleasing to note that there are more companies investing in coke oven batteries thereby value adding our coal production.

“Some of the major mining projects in the province include Hwange Colliery Company, Dinson Colliery, Western Areas (Lokalize), South Mining, Zambezi Gas and Zimbabwe Zhongxin Coking Company (ZZCC), among others.

“There are also many other upcoming projects which are at different levels of development.

He said these projects were beneficial to the local communities through the provision of employment and infrastructural development.

“We still expect more benefits in our communities from the projects through corporate social responsibility programmes.

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