Three Tonnes Gold Worth US$122 Million Lies Idle At State-owned Kwekwe Roasting Plant, Dump Site

A firm hired to examine dump at the State-owned Kwekwe Roasting Plant has indicated the residues have three tonnes of gold worth about $122 million at current prices, The Herald can reveal. Peacocke and Simpson Minerals Processing Engineering submitted its findings to Government through the Ministry of Mines and Mining Development in 2007. Bureaucracy at the ministry delayed the roping in of an investor to help extract the gold. Mines and Mining Development Secretary Professor…

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‘Corruption’-Mining Dev Sec , Chairs 3 Parastatal Boards Under His Ministry In Breach Of Corporate Governance Code

  Mines and Mining Development secretary Professor Francis Gudyanga, is chairing three parastatal boards that fall under his ministry — a move that has created conflict of interest and flouting of the national code on corporate governance that bars permanent secretaries from sitting on such boards. This comes in the wake of accusations that Prof Gudyanga had also single-handedly hired Mark Mabhudhu from the now dissolved Marange Resources to be the chief executive officer for the…

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