The Chamber of Mines today said mining projects worth $260 million were approved in the first half of 2011, over triple the same period last year. “The Zimbabwe Investment Authority has indicated that projects valued at $941 million have been approved in the first six months of 2011 compared to $131 million during the same period last year. The mining industry projects accounted for $260 million in 2011 compared to $80 million in 2010,” chamber president Winston Chitando said.
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