Preliminary work on the $264 million Zimplats new Mupani mine is taking shape with authorities expecting to hit contact with ore within the next two years.
A project that started in June last year, is expected to replace the Rukodzi and Ngwarati mines whose platinum reserves will deplete by 2022 and 2025 respectively.
Projections are that the new mine will have a lifespan of at least 34 years which provides guarantee of platinum production at the mining firm whose nameplate has a 6.2 million output annually.
The platinum miner says it has made impressive progress on the preliminary work, going slightly beyond the 300 metres decline amid expectations to get into contact with platinum ore by 2020.
The mine has a design capacity of 2.2 million tonnes per annum and will increase Zimplats’ mineral reserves by 3 million ounces to 9 million ounces of platinum.
It’s a production that will create at least 1 000 full-time employees at full production.