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Mutapa Fund Seeks $250 Million to Boost Gold Output as It Pushes for National Growth
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Mutapa Fund Seeks $250 Million to Boost Gold Output as It Pushes for National Growth

The Mutapa Fund is stepping up its role in Zimbabwe’s mining sector as it seeks US$250 million to expand gold production across key operations. The fund plans to allocate US$150 million to Shamva Gold Mine and US$100 million to Jena Mines. This capital will be raised mainly through debt facilities negotiated with financial institutions. The...