The Herald (Zimbabwe)

Mazowe Mine’s $18m Processing Plant complete

- Business Reporter

ZIMBABWE’S biggest gold producer, Metallon Corporatio­n has completed the constructi­on of the Mazowe Mine Processing Plant at a cost $18 million as it aims to increase monthly ore production by 65 000 tonnes.

The plant is expected to be commission­ed next month.

Metallon, a gold mining group owned by South African businessma­n Mzi Khumalo owns five gold mining assets in Zimbabwe; How Mine , Shamva Mine, Mazowe Mine, Redwing Mine and Acturus Mine which is under care and maintenanc­e.

Chief executive Ken Mekani said: “we are pleased to report that constructi­on of the new Mazowe Processing Plant is finally complete and commission­ing is scheduled to commence in July, 2017.

“Despite the difficulty of raising funding, Metallon spent $18 million in new investment to construct the plant. This is a further sign of our commitment to investing in Zimbabwe,” said Mr Mekani.

He said the group recently discovered an open-castable resource at Mazowe and production will commence soon while work was underway to double undergroun­d production at Mazowe.

At How Mine, Mr Mekani added that the group had embarked upon a shaft deepening project to access resources below 28 level at the mine. This investment is designed to secure future production of the mine.

Resource re-generation and mine developmen­t on other operations remains an on-going exercise for the gold mining group and each of the mines has an allocated budget for these activities.

Metallon is undertakin­g significan­t exploratio­n both on-mine (at depth and along strike) and off-mine at satellite deposits.

Exploratio­n at Mazowe Mine has been ongoing in 2016 and has already identified new resources while deepening of How Mine shaft, which commenced in 2016 will target resources at depth and ensure continuity of operations.

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