Zimbabwe and Russia on Tuesday signed a $3-billion deal to develop a platinum mine in Darwendale, targeting production of 250 000 oz/y within three years, a presentation by the Zimbabwean ministry of mines showed.
The presentation said the mine would have peak production of 800 000 oz/y, which should help Zimbabwe produce one-million ounces a year in five years’ time.
President Robert Mugabe and Russian Foreign Minister Sergey Lavrov oversaw the signing of the agreement in Darwendale, 70 km west of Harare.
via Mining Weekly
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