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A plan to build Zimbabwe's biggest platinum mine at a cost of about $4 billion is floundering because a military stake in the project has deterred potential backers, according to people familiar ...


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May 15, 2019· A plan to build Zimbabwe's biggest platinum mine at a cost of about $4 billion is floundering because a military stake in the project has deterred potential backers, according to …


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May 15, 2019· Vi Holding took over Ruschrome's shareholding in 2014, the people said. An offer about eight years ago by a "large international mining house" to buy out Pen East from the project for $30 million was rejected, according to a proposal prepared by CDF Trust & Consulting BV, a Zimbabwean consultancy, that was seen by Bloomberg.


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Zimbabwe Mining Development Corporation (ZMDC) was established by an Act of Parliament No. 31 of 1982. Vision. To create a vibrant and versatile mining power house necessary to transform Zimbabwe's mineral wealth to the world class standards.


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