DIVERSIFIED resource firm,
Mr Gwatiringa also said the new processing plant at Murowa Diamond was almost complete and will see the company more than doubling monthly processing capacity to 500 000 tonnes.
He said RioZim has ramped up investments in exploration at existing mines and mining blocks. "We have a massive ongoing exploration going on at all our mines in
"It is important for our expansion strategy," he added. RioZim is one of the major producers of gold,
RioZim separated from
As part of a broader expansion programme, its diamond unit will soon commission a processing plant at its Murowa mine, located in Mazvihwa, south central
Processing capacity is expected to increase to 500 000 tonnes per month from 190,000 tonnes and will see operations transition from open cut to underground mining.
The commissioning follows the announcement in
The construction of the underground mine is expected to cost
The RioZim expansion projects gives impetus to the Government's economic revival expected to be anchored by the mining sector.
As part of its broader Vision 2030 agenda, the Government intends to increase mineral exports to
Last week, RioZim commissioned a multi-million-dollar biological oxidation plant at
The plant will enable RioZim to process pure oxide ores for good grades and high recoveries. Installation of the versatile plant started two years ago and
Copyright The Herald. Distributed by AllAfrica Global Media (allAfrica.com)., source