Zimbabwe’s platinum boom: Where is the wealth?

What happened: Zimbabwe's platinum sector is generating record export earnings, but residents near mines in Mhondoro-Ngezi, Shurugwi and Zvishavane say roads, schools and water have not kept pace with the wealth extracted. Key numbers: Platinum hit an all-time high of $2,923 an ounce on January 26. Mining is about 75 percent of exports and about 14.5 percent of GDP. Why it matters: Residents and councillors are pressing Zimplats, Unki and Mimosa for infrastructure and services, with some saying they lack direct access to the mines to raise concerns.

Zimbabwe's platinum sector is generating record export earnings, but residents near mines in Mhondoro-Ngezi, Shurugwi and Zvishavane say roads, schools and water have not kept pace with the wealth extracted.

Residents and councillors are pressing Zimplats, Unki and Mimosa for infrastructure and services, with some saying they lack direct access to the mines to raise concerns.