Major mining projects boon for US$12 billion Mining industry

by | Jul 21, 2022 | Business, Latest | 0 comments

 

Nevanji Munyaradzi Chiondegwa

Ministry of Mines and Mining Development says that the country is on course to achieve its set target of US$12 billion mining sector economy with several projects lined up for completion by 2023.

Mines and Mining Development Minister Honourable Winston Chitando, reported progress of projects under his purview to Cabinet in Harare yesterday highlighting several projects at various stages of completion.

Giving a report at a post Cabinet Press brief yesterday. Acting Information, Publicity and Broadcasting Services Minister Jenfan Muswere assured the nation that all projects were on schedule for completion in 2023.

“The Lithium Processing Plant at Sabi Star Mine in Buhera is 45 per cent complete, with the project on schedule for completion in January 2023. Construction of the Copper Processing Plant at Alaska in Mashonaland West Province has been completed as scheduled”

He also said that, “At Mimosa Mine in Zvishavane, concentrator optimization is 59 lee cent complete, while civil and earth works are nearing completion, and structural steelwork erection and mill installation are underway.”

Other projects including construction of the Coke Oven Battery at Dinson Colliery in Hwange is at 50 per cent completion.

The Tsingshan Iron Ore and Chrome/Coke Value Addition Project straddling the Chivhu and Mvuma districts of Mashonaland East and Midlands provinces, respectively, has recorded the following progress; construction of the Carbon Steel Plant is progressing well and the foundation of the steel plant structure and supporting infrastructure are 70 per cent complete. Most of the blast furnace components are at the steel plant site and ready for installation; and the construction of the power line from Sherwood to Manhize is on course.