Posts

Showing posts with the label gold nuggets

Tsvangirai To Help Mugabe Hoodwink Investors

Image
Gold Nugget: Despite Zimbabwe's vast mineral resources, including first-class diamonds, gold, platinum and uranium, no one wants to come in and invest because they do not trust the ZANU PF government. Morgan Tsvangirai will appear with Mugabe at an International Mining Indaba in Harare next week Wednesday and Thursday. The move may be detrimental to his image, since he has no means to ensure that Mugabe behaves afterwards. Harare, Zimbabwe, 10 September 2009 Next week on Wednesday and Thursday, Prime Minister Morgan Tsvangirai will join President Robert Mugabe at an International Mining Indaba convened by the Zimbabwe "government". He is due to deliver a speech, as is Mugabe. Most gold and diamond mining companies in Zimbabwe had scaled down operations drastically, with companies like Bindura shutting down some furnaces as the effects of Zimbabwe dollar hyperinflation and Reserve Bank of Zimbabwe's choking policies took effect. Investors in the mining sector have been...