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Zimbabwe will announce in two weeks the successful bidders for assets owned by stateowned mining company Zimbabwe Mining and Development Corporation (ZMDC), including gold mines, mines minister Winston Chitando said on Monday. More companies will be put on sale at the end of November.
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Mining was Zimbabwe's leading industry in 2002, contributing 27% of export trade. The chief minerals were coal, gold, copper, nickel, tin, and clay, and Zimbabwe was a world leader in the production of lithium minerals, chrysotile asbestos, and ferrochromium, with more than half of the world's known chromium reserves.
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