MUTAPA Investment Fund (MIF) is confident of servicing US$1,9 billion Treasury Bills (TBs) issued by the government for the acquisition of a 35 percent stake in Kuvimba Mining House in 2024, driven by rising mineral prices and asset value growth. The TBs are payable over 10 years with a grace period of three years, commensurate…
Mutapa bets on gold to repay US$1,9 billion
MUTAPA Investment Fund’s platinum group metals arm has secured US$100 million to kick-start development of the US$500 million Darwendale platinum project, with first production targeted within 12 months.