Gold mine hits 300kg mark in one month - Zimbabwe Situation zimbabwesituation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zimbabwesituation.com Daily Mail and Mail on Sunday newspapers.
New dawn for Mhangura community beckons
Conrad Mupesa–Mashonaland West Bureau
MHANGURA which became moribund more than two decades ago after the mine closed down, could rise from its ashes and breathe new life after a Chinese company decided to invest in it.
A new deal penned by the Government and a Chinese investor, Zhi Jui Mining Resource (Pvt) Ltd to treat millions of tonnes of copper dumps from former mining giant Mhangura Copper Mines is certainly a game changer.
Commissioning of the project is scheduled for the next six months and once running, the project is expected to create direct employment to 300 people from the mining settlement while contributing US$34 million towards the $12 billion mining industry economy.
Zimbabwe: Gold Miners Optimistic of 100 Tonnes Per Year
Zimbabwe: Gold Miners Optimistic of 100 Tonnes Per Year
2 hours ago
Senior Reporter
Gold production declined over the past two years but miners remain optimistic of Zimbabwe’s potential to achieve its target of producing 100 tonnes yearly as challenges experienced by the sector can be overcome.
Zimbabwe Chamber of Mines chief executive officer Mr Isaac Kwesu told the Portfolio Committee on Mines and Mining Development recently that gold production had dropped from 35 tonnes in 2018 to around 20 tonnes last year because of erratic electricity supplies and inadequate foreign currency for working capital among other reasons, but that these had been addressed.