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The mining industry of Zimbabwe is highly diversified, with close to 40 different minerals. The predominant minerals mined by the industry include platinum , chrome, gold , coal , and diamonds . The country boasts the second-largest platinum deposit and high-grade chromium ores in the world, with approximately 2.8 billion tons of platinum group ...
The mine is owned and operated by RZM Murowa (Private) Limited, a member of RioZim (a Zimbabwe listed company). [1] The mine is a combination of open pit and underground construction. Current estimates put construction costs at $61 million USD and mine reserves are 19 million tonnes of ore, with an ore grade of 0.9 carats (180 mg) per tonne.
The mine is located in western Zimbabwe in Matabeleland North Province. [2] The Kamativi mine has reserves amounting to 100 million tonnes of tin ore grading 0.28% tin thus resulting 0.28 million tonnes of tin. [1] The tin and tantalum mine was operated from 1936 until 1994. [3] Since the mine's closure, local artisanal miners have worked the ...
[1] The mine is located in southern Zimbabwe in Masvingo Province. [1] The Bikita mine has reserves amounting to 10.8 million tonnes of lithium ore grading 1.4% lithium thus resulting 0.15 million tonnes of lithium. [1] In June 2022 the Sinomine Resource Group company bought the Bikita mine for $200 million. [2]
The mines were closed seven years later due to the drop in demand for emeralds. [5] But interest in the properties resumed as the price of lithium soared. In 2019, Kuvimba Mining House (KMH), which is 65% owned by the Zimbabwe government, took over the asset. [2] Illegal mining takes place at the Sandawana mines due to lax or bribed security. [2]
Gaths Mine as it is now collectively known as is a combination of three mines: King Mine and the now-defunct Temeraire and Gaths. The mine once employed around 1,500 people but as it stands, production has been stopped due to operational challenges. A few employees are left at the mine doing general maintenance.
Metallon Corporation is the 100% owner of three gold mining companies in Zimbabwe. In 2015, gold production was 97,000 ounces and the target is 100,000 ounces. Across the Group Metallon has a significant resource base with a JORC-compliant 5.2 million ounce resource (Golder 2018).
The company was the best performer on the Zimbabwe Stock Exchange in 2014. [15] After a dip in Bindura Nickel Corporation's share price in 2015, there were reports that the Zimbabwe Stock Exchange had struggled as a result, with the mining index dropping 50% that year. BNC that year was the second worst performer on the exchange. [16]