Published: 06 September 2013

SMALL scale gold miners have taken steps to unlock at least $35 million funding facilities from Government amid pledges for assistance from other financiers and investors.

Gold Miners Association of Zimbabwe President Mr Morgan Mugawu in an interview said small-scale miners are scheduled to meet in Kwekwe tomorrow to discuss the logistics.

The miners met as part of their annual general meeting during which the issue of financial assistance from Government, local banks and investors was expected to top the agenda. Mr Mugawu said members were set to meet officials from the Ministry of Mines and Mining Development as the small-scale gold miners met to form smaller organized groups.

The groups would be formed to access $5 million each from Government in the seven mining regions namely Harare, Bulawayo, Kadoma, Kwekwe, Gweru, Gwanda and Mutare.

"As a group people will make a proposal of what they require and then the Ministry of Mines and Mining Development will come in and see how they can assist them," Mr Mugawu said.
- herald

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