Young mining stakeholders have welcomed Zimbabwe’s new policy requiring future mining investments to identify, separate and process multiple minerals contained in ore deposits as Government pushes greater beneficiation and value addition.

In a statement, national police spokesperson Paul Nyathi said the suspect was arrested following investigations into a mining investment deal in which another foreign investor was allegedly defrauded of US$1.5 million. Police later identified the suspect as Singaporean businessman Mark Yong Khong Yoong. According to police, Yoong was arrested on 14 March 2026 at the Norton Tollgate while travelling in a black Lexus SUV with three other people.