HARARE Oct 24 (Reuters) – Zimbabwe’s January-September gold
output rose 22 percent from the same period a year ago to 11
tonnes, generating $585 million in revenue, data from the mining
chamber showed on Wednesday.
Gold output in the southern African country is expected at
15 tonnes this year, compared to 13 tonnes in 2011.
Output remains below the 27 tonnes reached in 1999 before a
decade-long economic crisis that was at its worst in 2008 when
hyperinflation crushed the economy, forcing most mines to shut.
South Africa’s Metallon Gold is the largest bullion producer
while Toronto-listed New Dawn Mining and Caledonia
Mining and London-listed Mwana Africa also
produce gold.
(Reporting by MacDonald Dzirutwe; Editing by Jon Herskovitz)
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