The National Railways of Zimbabwe owns a significant stake in Pan African Minerals Development Company in South Africa, and it’s currently courting partners in order to start its exploration of its mineral assets in South Africa.
The state-owned railway company is currently struggling due to lack of capital and dilapidated infrastructure and equipment.
The under-performance of the NRZ has had wider ramifications for other economic players in sectors such as industry, mining and agriculture as firms have shifted their bulk business into haulage truck which is more costly.
Pan-African Mining was supposed to prospect a variety of minerals, including gold, coal, diamond and platinum.
(Source: http://www.herald.co.zw/nrz-courts-mining-partners/)