Mega platinum project takes off | The Herald

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Lloyd G um bo Senior Reporter

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W eb D esign

W O RK on the billion dollar platinum projectatD arw endale,signed by the G overnm entand

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W eb H osting

Russians late lastyear,has started in earnest,w ith various sectors ofthe econom y expected to

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O nline Paym ents

benetim m ensely from the developm ent.

Zim babw ean rm ,Pen EastInvestm ents and Russias,JCS Afronetcom m issioned a U S$3 billion

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platinum m ining project,the biggestjointventure dealG overnm enthas ever entered w ith a
foreign investor since independence.

D oes Zim babw e need m ore

The joint-venture,G reatD yke Investm ents (G D I),w illproduce atleastone m illion ounces of

Tollgates?

platinum annually.
Yes
G D Iboard chairperson,D r H esphina Rukato,said itw as allsystem s go atthe projectthatw as
expected to create notless than 15 000 jobs in the nextdecade w hen the rm starts operating

No

fullthrottle.
In accordance w ith the long-term projectim plem entation strategy adopted by the Board of

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D irectors ofG reatD yke Investm ents (Private)Lim ited,large-scale exploration w orks ofthe
D arw endale depositstarted on January 5,2015,she said.
The totalscope ofdrilling planned for 2015-2016 exceeds 300 thousand running m etres,thus

The Herald-Zimbabwe

being one ofthe biggestexploration ventures in Zim babw e.

148,166 people like The Herald-Zimbabwe.

This scope ofw ork is designed to prove the depositresources in indicated category for longer

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E Paym entSystem s

than a 20-year m ining period.

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Betting

She said a consortium ofZim babw ean com panies Tandam anziand SM C w ere taking part

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Study Abroad

in the im plem entation ofthe drilling program m e.

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Mega platinum project takes off | The Herald

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2/9/2015 9:42 AM

Mega platinum project takes off | The Herald

3 of 3

http://www.herald.co.zw/mega-platinum-project-takes-off/

2/9/2015 9:42 AM