THE mining industry in Zimbabwe requires about $3.8 billion over the next five years for retooling purposes, a report has shown. Of this figure $1.2 billion is required for supporting business while $2.6 billion is for developmental investments. A survey done by the Chamber of Mines Zimbabwe (COMZ) for 2015 indicates that the mining industry is facing numerous constraints in raising requisite capital for staying in business or ramping up production.

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