Chronicle (Zimbabwe)

Mining group commends Govt

- Davies Ndumiso Sibanda

at RHA and the cost to bring the mine back into production.”

It said Premier now intends to convene a meeting of the directors of RHA to agree a variation to the terms of tungsten firm’s shareholde­r agreement.

This would allow Premier to increase its shareholdi­ng in the Matabelela­nd North-based mining company unless NIEEF has remedied the ongoing breach under the revised Management Agreement by providing the outstandin­g funding on or before the date of the meeting.

Premier said NIEEF had agreed to invest US$6 million into RHA in accordance with the recommissi­oning budget, and after converting the RTGS dollars funding provided by NIEEF into United States dollars, the current shortfall is US$4,94 million, including the further funding of US$108,806 the fund agreed to provide as announced in May this year.

The mining group has further agreed with its offtake partner, to independen­tly revalidate the conclusion­s reached in the Technical Report and

Developmen­t Plan (as announced on 3 October 2018) that RHA could operate profitably on a reduced throughput of 6 000 tonnes per month from undergroun­d operations undertaken through the existing vertical shaft.

“On satisfacto­ry conclusion of this review, it is anticipate­d that our offtake partner will then be in a position to consider fully funding the return to production (estimated to require funding of US$1,7 million), subject to resolution of the present impasse with NIEEF,” it said.

On the Zulu lithium and tantalum project, Premier said based on recent communicat­ion with the Ministry of Mines and Mining Developmen­t, it continues to be encouraged that finality in regard to its Exclusive Prospectin­g Order applicatio­n is achievable in the near future.

“Whilst the lengthy delay has been disappoint­ing, our internal review of the publicly available historic data on the potential prospectin­g area is encouragin­g and we look forward to further updating the market when the EPO is awarded,” said Premier. — @okazunga.

Labour Matters

MANY organisati­ons that lose disciplina­ry cases before outside labour tribunals wrongly put blame on human capital practition­ers yet decisions to dismiss an employee will not have involved them. Many disciplina­ry procedures do not involve human capital practition­ers, they are merely important advisers throughout the process. Unfortunat­ely, many senior managers do not take the profession­al advise of human capital practition­ers and opt to do their own thing and when the case is messed up, it is thrown to the human capital practition­er.

I recall a case against a foreman which had no thread of evidence and the human capital practition­er advised that there was no case against the foreman and he went on to give his legal position and case law to support his position. The General Manager overruled him and dismissed the foreman. When the matter went to the Labour Court, the foreman was reinstated. The court cited cases that had been given by the human capital practition­er.

The Board was not impressed by the cost of reinstatin­g the foreman after four and a half years. The amount of backpay was huge in USD and the employer had been given 30 days to pay, a thing that would impact negatively on cashflow.

When I was contracted to find out what had gone wrong, I discovered a number of things were at play. First, the General Manager was new at the time and did not trust the managerial team that was there and as such he was on a mission to remove some managerial employees and replace them with his own boys. At the time of my investigat­ion, he had dismissed four other managerial employees and replaced them with people he had worked with before.

I looked at each of the four cases as they were pending before the Labour Court and could not see

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