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Output Slumps at Zimbabwe’s Murowa Mine
Dec 1, 2021 5:35 AM
By Rapaport News
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RAPAPORT... Diamond production at the RZM Murowa mine in Zimbabwe fell 43% year on year in the third quarter as operations focused on lower-grade ore.
RioZim, which owns the deposit, processed material from the K1 pit, as the higher-grade K2 section had reached the end of its life span, the Zimbabwean mining group said in a recent statement.
The company did not disclose total output. Its production for the first half of the year was 240,000 carats.
A program to increase Murowa’s processing capacity, known as the Crown Jewel Project, is progressing “at a slower pace than desired due to lack of adequate foreign currency,” RioZim added.
RioZim also operates gold mines across Zimbabwe, with production at the sites slipping 7% year on year for the quarter amid power shortages and volatile market conditions. The company’s base-metal deposit is under care and maintenance.
Image: The Murowa mine in Zimbabwe. (RioZim)
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Tags:
Crown Jewel Project, gold, mining, Murowa, Murowa mine, Rapaport News, RioZim, RZM Murowa, Zimbabwe
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