HARARE, July 16 (Reuters) – Zimbabwe’s gold production rose
29 percent to 7.2 tonnes in the first six months of this year,
generating $377 million in revenue, data from the mining chamber
showed on Monday.
The southern African nation’s gold mining sector is
recovering from an economic crisis that peaked in 2008 when
hyperinflation reached 500 billion percent and forced most mines
to shut.
Total gold production for 2011 was 13 tonnes. Output remains
well below the 27 tonnes reached in 1999 before the decade-long
economic slide.
Canada-listed New Dawn Mining and Caledonia Mining
, as well as the London-listed Mwana Africa and
South Africa’s Metallon Gold are among the gold producers in the
country.
(Reporting by MacDonald Dzirutwe; Editing by Ed Stoddard)
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