Sperrgebiet holds two onshore and two offshore mining licenses, within Luderitz’s protected diamond zones, according to the company’s website.
RioZim is also planning further investments in base and precious metals in Zimbabwe, after spending more than $150 million at its gold mine and a new plant at the Murowa diamond mine, Chiurayi said. Output at Murowa tripled in September following the investment, he said.
RioZim, which also has interests in coal and a nickel refinery, said rules that oblige miners in Zimbabwe to switch 40% of their income into local currency are proving a drag on its operations.
“Forex shortages and power shortages are seriously hampering progress, but our belief in the long term is undeterred,” Chiurayi said.
Source: Mining.com