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Reforms spur Zimbabwe’s gold industry

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http://www.ft.com/cms/s/0/0f270be0-1c8c-11de-977c-00144feabdc0.html?nclick_check=1


Today’s buoyant gold price, above $900 an ounce, was an important factor in the decision to reopen the Freda Rebecca mine, said Kalaa Mpinga, Mwana chief executive.


Problems that plagued Zimbabwe’s mining industry last year – including high electricity prices and shortage of skilled labour and equipment – are likely to endure.


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