Zimbabwe Gold Producers Warn Currency Shortage Threatens Output
- Metal is a key source of foreign-exchange earnings in Zimbabwe
- Zimbabwe projected to produce 30 tons of gold this year
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Zimbabwean gold producers may suspend operations because a foreign-exchange shortage has left them with insufficient funds to cover production costs, the main industry lobby group said.
Curbing output would deprive the country of a key source of export earnings as Finance Minister Mthuli Ncube tries to stabilize an economy wrecked by the misrule of former leader Robert Mugabe.