Wednesday , December 19 2018
Home / Business / Mimosa targets to increase production to 270 000 tonnes

Mimosa targets to increase production to 270 000 tonnes

Evidence Chipadza

Zvishavane based platinum miner, Mimosa Mining Company is targeting to increase its production from 210 000 tonnes per month to 220 000 tonnes.
The total output for the platinum ore per annum is 3 million tonnes.
Mimosa is an equal joint venture between South Africa’s Sibanye and Impala.
General Manager for MimosaAlex Mushonhiwa said they are going to increase production to compete on the international market.
“We are targeting to raise our production from 210 000 tonnes to 220 000 tonnes. We have an expected 30 year life span and this is inclusive of growth with an expected three million tonnes per year.”
In its recent trading update the mining company revealed that it marginally increased output to 30  129 ounces in the first quarter this year compared to 29 975 oz durMimosa targets to increase production to 220 000 tonnes in the same period last year.
Meanwhile the mine’s senior plant manager, Lloyd Shamu said the company has never failed to meet its set targets.
Speaking during the same tour, Mimosa head of corporate affairs,
Elizabeth Nerwande Chibanda said the platinum producer corporate social responsibility programmes were bearing fruit as they were helping to transform the lives of beneficiaries.
She said some of the projects in Zvishavane include the Mtshingwe nursery project, which is part of the company’s environmental awareness intervention programme, community gardening project in
Mhongongori area, which caters for 14 families within the village as well as a bulls breeding scheme for Zvishavane and Mberengwa districts. “The mine donated a total of 201 breeding bulls and 21 heifers as a way of improving herd in the two districts,” she said.
“To ensure sustainability of the project, an artificial insemination programme was also launched in Zvishavane with the aim of improving the region’s cattle breed.”
Recently the platinum giant also availed funds to Zvishavane Town Council for the rehabilitation of water and sewer reticulation works, which saw the upgrading of sewer ponds to modern standards.

About admin

Check Also

‘There is no need for FDI’- URL

Clive Makumbe Giant Agro-processor United Refineries Limited (URL) Chief Executive Officer Busisa Moyo said the ...

Leave a Reply

Your email address will not be published. Required fields are marked *

WhatsApp chat