Zimbabwe Seeks $950 Million in New Bid to Kick-start Mining Firm

Contractor workers at the Darwendale mining project in 2021.Photographer: Godfrey Marawanyika/Bloomberg
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Zimbabwe’s state miner is planning a fresh bid to kick-start a range of projects a year after the government took full control of the company.

Kuvimba Mining House Ltd., under new Chief Executive Officer Trevor Barnard, is looking to development banks, mining companies and traders to raise $950 million to develop lithium, platinum and gold assets, he said in an interview.