Zimbabwe’s state-owned Mutapa Gold Resources (MGR) has identified vast unexplored areas within its existing mining concessions, positioning the firm for potential new gold discoveries.
The state miner is stepping up exploration efforts to capitalize on these untapped reserves, aligning with a broader government strategy to increase domestic production capacity.
This development underscores a strategic pivot in Zimbabwe’s mining sector, moving beyond reliance on established deposits.
The push for deeper exploration comes as the government seeks to maximize the value of its mineral wealth through increased output and local processing.
MGR’s focus on unexplored concessions suggests a long-term play on resource security and production growth.
The move follows a decisive shift in national mining policy outlined by Permanent Secretary for Mines and Mining Development, Dr. Thomas Utete Wushe.