By ZBC Reporter
Zimbabwe’s quest to increase gold production is in progress after a local mining firm invested three million united states dollars on heavy mining equipment.
Targeting massive output expected to reach 1000 ounces of gold per hour, the massive investment on heavy equipment by Radnor Mine Zimbabwe sets the gold mining firm on a strong footing to improve its yield capacity.
The gold miner targets to transform its operations into one of the biggest gold mining assets in the country and help achieve a 12 billion United States dollar mining industry by 2023.
We have managed to secure this heavy equipment which is a very critical pedestal to improving our ore capacity. We are targeting that we can now move to at least 1.2 million tonnes of ore per year which is a very significant figure because this will also grow into the national output, said Mr Collins Musarurwa- Radnor Mine Zimbabwe Representative
The gold miner located in the Makaha area in Mashonaland East is currently conducting production through heap leaching and targeting to venture into the more proficient milling to improve grade output.
The buy- in from local players emerges as a seal of approval on expected positive performance of the sector, according to a forecast in the latest mining report.