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Roy Pitchford, veteran of the central African mining scene, is relishing the challenge that awaits him on 4 July, when shareholders in Zimbabwe-focused African Consolidated Resources (AFCR) will vote on proposals to raise $18 million (£10.6 million) to accelerate the country’s Pickstone Peerless 3.5 million-oz. gold project in Mashonaland. ‘This will be a company maker’, insists Pitchford, Afcon’s chief executive officer only since May, who suggests the decision will hinge on 28.6 per cent shareholder, the Gulf emirate of Ras Al Kaimah (RAK) -- if RAK votes yes or abstains, all will be well.
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