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Analysis

Mining in Zimbabwe: life after Mugabe

Cypriot investor Karo Resources recently signed a $4.2bn deal to develop a platinum mine and refinery in Zimbabwe, with first production expected in 2020. With the resignation of former President Robert Mugabe, the deal has been heralded as a sign that Zimbabwe is opening up to foreign investment and looking to push its mining sector forward. New President Emmerson Mnangagwa has declared the country “open for business”, so is a mining surge on the horizon for Zimbabwe?

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