Alberta to introduce ‘modern’ coal policy, including ban on new open-pit projects
The new policy will not affect those qualified as "advanced coal projects" such as the controversial Grassy Mountain mine.
Tendai Biti, Zimbabwe Finance Ministers said on Friday the re-opening of the Shabani Mine is a critical imperative for the economy calling it is a tragedy that nearby town of Zvishavane is increasingly becoming a ghost town, with upstream and downstream industries which depend on asbestos mining having collapsed.
Biti was presenting his mid-term fiscal review where he predicted the country’s mining sector as a whole growing by 34%, buoyed by firming international mineral prices, improved power supply arrangements and output growth.
The Zimbabwe Independent quotes the FM: “As a result, the sector’s capacity utilisation is expected to increase from current levels of around 45 – 50%, to reach 60% by year end, enabling mining to achieve its targeted growth of 34%.”
