Zimbabwe’s platinum mine expected for 2020

Work on Zimbabwe’s new US$4.2 billion platinum mine is expected to start this week, with the groundbreaking  ceremony presided over by President Emmerson Mnangagwa at the site expected to take place either on Wednesday or Friday. The  first mineral output  is expected in 2020.  The mine is being developed by Cyprus based investor Karo resources  after it signed  an agreement with government recently for the  project that will see 15,000 jobs being created. This will be the African country’s biggest investment since independence in 1980 which the new administration says shows that Zimbabwe is now open for business.