BULAWAYO - The country's gold deliveries are projected to reach at least 4.5 tonnes by the end of the year, a far cry from yester year peaks of 27 tonnes.Projections by the Chamber of Mines are based on the recent liberalisation of the sector, a development that has seen a number mining companies ramp up production. Victor Gapare the Chamber of Mines president, said the rampant power outages continued to affect the operations of mining companies.
“Load shedding is affecting production in a serious way. We have suggested to the government that Zimbabwe Electricity Supply Authority be allowed to raise new capital internationally thereby diluting government ownership in a bid make it efficient,” Gapare said.