Zimbabwe Human Capital
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Gold Processing Project

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(proposed by the Industrial Development Coperation of Zimbabwe)

As part ofthe IDC's thrust to add value to all local raw materials in the country, there is an opportunityto process local gold into chains and other related jewellery items. The project will be composed ofthree operating units spread along the value chain from mining ofthe gold ore, to processing it into bullions using Swiss technology, refining the gold and processing it into chains in five different lines.

The project aims to process 600 kgs per month into chains. The total investment cost is estimated at 233 million euros of which 30 million euro is forthe acquisition of mines, mining claims and structuring joint venture arrangements with local mines. IDe is therefore seeking technical and financing partners forthe project.

Contact Details:

Mr. M.N. Ndudzo
General Manager
Email: mndudzo [at] idc.co.zw

Ms. F. Mupazviriho
Projects Development Executive
Email: fmupazviriho [at] idc.co.zw

Mr. Brian Mushohwe
Exports Development Executive
Email:
bmushoshe [at] idc.co.zw
exports [at] idc.co.zw

Mr. R. Shoko
Projects Development Executive
Email: rshoko [at] idc.co.zw

Mr. Paul Bhebhe
Projects Development Executive
Email: pbhebhe [at] idc.co.zw

Mr. Derek Sibanda
Public Relations Advisor
Email: pr [at] idc.co.zw

Industrial Development Corporation
93 Park Lane, Box CY 1431
Causeway, Harare
Zimbabwe

Phone: (+263 4)706971, (+263 4)794806 - 7
Fax: (+263 4)250385

Stakeholders::

Total Business Consulting

Zimbabwe Medical Association

Zimbabwe Stock Exchange

University of Zimbabwe

ZISCOSTEEL
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