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NewsDay

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Sabi Mine to re-open next week: Chidakwa

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THE commissioning of Sabi Gold Mine in Zvishavane is set for the end of this month following an injection of $6 million by a private company and equipment worth $7 million by government, Mines and Mining Development minister Walter Chidakwa has said.

THE commissioning of Sabi Gold Mine in Zvishavane is set for the end of this month following an injection of $6 million by a private company and equipment worth $7 million by government, Mines and Mining Development minister Walter Chidakwa has said.

BY Stephen Chadenga

Chidakwa said the expected target gold output at the mine had been set at 25kg per month following acquisition of the equipment.

Sabi was closed six years ago due to financial constraints before being placed under judicial management in September 2014.

“A group of local investors, Chandawana Minerals Company, invested $5,9 million and as government we chipped in by securing equipment worth $7 million for the mine,” he said on the sidelines of a recent donation at Mimosa Mine.

“After its commissioning at the end of this month, the target for the mine is to produce at least 25kg of gold per month.”

A South African company, Baldwin Holdings, recently completed the refurbishment of the mine, which was expected to operate at a capacity of between 50 to 100% after its commissioning.

At its peak Sabi mine produced 50kg of gold per month and employed more than 400 workers.