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Aug 05, 2014· HARARE (Reuters) A ZimbabweRussia joint venture company, Ruschrome Mining, plans to invest billion in developing a platinum mine and constructing a smelter and refinery in the African state, the stateowned Herald newspaper reported on Tuesday.
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Vi Holding took over Ruschrome''s shareholding in 2014, the people said. An offer about eight years ago by a "large international mining house" to buy out Pen East from the project for 30 million was rejected, according to a proposal prepared by CDF Trust Consulting BV, a Zimbabwean consultancy, that was seen by Bloomberg.
Jan 21, 2020· Moxico Resources Ltd has invested about USD 40 million into the mine and expects to create between 600 and 800 direct and more than 1,000 indirect jobs under the first phase. The second phase would take up production capacity to 40,000 tonnes of copper annually with an estimated investment of USD 120 million.
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Army puts backers off multibillion ... African Mining Market · Vi Holding took over Ruschrome''s shareholding in 2014, the people said. An offer about eight years ago by a "large international mining house" to buy out Pen East from the project for 30 million was rejected, according to a proposal prepared by CDF Trust Consulting BV, a Zimbabwean consultancy, that was seen by Bloomberg.
Zimbabwe Mining Development Corporation (ZMDC) was established by an Act of Parliament No. 31 of 1982. Vision. To create a vibrant and versatile mining power house necessary to transform Zimbabwe''s mineral wealth to the world class standards.
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They will invest in Ruschrome Mining, a RussianAfrican joint venture licensed to mine the field. The Darwendale platinum deposit holds 19 tonnes in proven reserves and 775 total tonnes of metals ...
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