Platinum producers urged to invest in refining facilities

MINES minister Walter Chidakwa has called on platinum producers to invest in refining facilities, to enable the country to draw maximum benefit from its mineral resources.

In a speech read on his behalf by Industry minister Mike Bimha, at the Mining, Engineering and Transport (Mine Entra) 2017 conference in Bulawayo last week, Chidakwa bemoaned low investment in the platinum mining sub-sector.

“The platinum group metals (PGM) sub-sector has emerged a critical mineral for the country, and has remained resilient despite softening in prices on the international market,” he said.

This story is for NewsDay subscribers.