Browsing: Alaska mine

  • Copper production is set to resume at Alaska Mine in Chinhoyi after a US$6 million capital injection by Chinese investors
  • The Alaska Copper smelting plant has been defunct since 2000. The Alaska mine revival project is expected to change the face of the local community which had become a ghost town
  • Zimbabwe is targeting to grow export revenue from minerals to US$12 billion by 2023 as it seeks to transform the country into an upper-middle-income economy by 2030

Zimbabwe’s mining industry growth prospects remain strong in the short to medium term, economic analysts have said, despite the negative impact of Covid-19 induced setbacks on existing and planned investments.

Copper production is set to resume at Alaska Mine in Chinhoyi after a US$6 million capital injection by Chinese investors in partnership with the Zimbabwe Mining Development Corporation (ZMDC). The total capital injection required is US$12 million and so far, a Chinese …