Madawu said if Zimbabwe comes up with a clear cut strategy on beneficiation, only then can it attain incremental GDP growth in mineral value addition per capita.
He noted that in South Africa, the strategy that the country adopted outlined 10 commodities identified for beneficiation; gold, PGMs, chromium, manganese, vanadium, nickel, titanium, coal and uranium.
“For Zimbabwe, the strategy could focus on gold, PGM’s chromium, diamonds, nickel and coal,” Madawu suggested. However, he cautioned shortages of critical infrastructure such as rail, water, ports and electricity supply would have a material impact on sustaining current beneficiation initiatives.
Mineral beneficiation and value addition are high on the amendments to the Mines and Minerals Act with Mines minister Obert Mpofu saying that the Act will seek to ensure meaningful contribution of the gems to economic development.
Secretary for Mines Prince Mupazviriho said the Diamond Policy which will be launched next week will dwell on beneficiation and value addition was ready. The diamond policy also seeks to monitor the entire value chain of diamonds from mining, marketing, to distribution and collection of dues to Government.
Mupazviriho also announced that 19 companies had been licensed for diamond cutting and polishing as part of moves to enhance beneficiation and value addition.