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[Ferro-Alloys.com]:The Zimbabwe Miners Federation (ZMF) a body that represents the small-scale and artisanal (ASM) miners in Zimbabwe has made strides to strategise on the achievement of the US$8 Billion mining industry in 2022.
Rudairo Mapuranaga
The organisation’s strategies have proved to be momentous and fecund as the ASM sector has already contributed 1.4 tonnes of the 1.8 tonnes of gold submissions to the country’s sole gold buyer and exporter Fidelity Gold Refinery (FGR) in 2022.
Speaking at the ZMF Induction and Stakeholders Consultative Workshop on Wednesday ZMF President Ms Henrietta Rushwaya said the ZMF has created a round table that deliberates on mining issues.
The round table according to Rushwaya will focus on issues of corporate governance and information dissemination for the growth and development of the artisanal and small scale mining sector in Zimbabwe.
“As a mother body for the ASM sector, we attach great importance to corporate governance. We believe that for organisations to be successful, competitive and sustainable in the long term, a high standard of governance is indispensable.
“One of the key issues pertaining to good corporate governance is information disclosure and transparency. Better disclosure and transparency can help us make informed decisions and better manage risks.
“The corporate governance regime is an evolving one. The trust and reputation our corporate governance regime now enjoys is the hard-earned result of the continuous efforts and commitment of organisations, board members, stakeholders, service providers and investors and all relevant stakeholders, who make good governance their priority,” Rushwaya said.
ZMF Induction and Stakeholders Consultative Workshop was attended by the Minister of Mines and Mining Development Hon Winston Chitando, his Deputy Eng Polite Kambamura, Minister of State for Mashonaland West Hon Mary Mliswa, Minerals Marketing Corporation of Zimbabwe (MMCZ) General Manager Mr Tongai Muzenda, Fidelity Gold Refiners (FGR) Acting General Manager Peter Magaramombe among others.
In his speech at the event Minister of Mines and Mining Development, Hon Winston Chitando said the government was going to continue supporting the ASM sector for mining growth in the country for it to achieve an annual revenue of US$12 billion by 2023.
He said incentives for gold deliveries and equipment facilities provided to miners will be availed soon.
Speaking at the same event Zimbabwe’s Ambassador at Large, Ambassador Eurbert Angel said there was a need to support the ASM sector in Zimbabwe through sustainable and smart mining.
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- [Editor:Alakay]
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