Zimbabwe could double annual platinum production to more than 900 000 oz in the next decade and become the nation’s top export earner but current producers need $2.8-billion in new investment to do so, the industry associaton said on Friday. The southern African nation holds the second largest known reserves of platinum after South Africa but mines have struggled with low prices, a black empowerment law forcing mines to sell more than 50% of the business to locals, and power shortages.
