zimplats construction.jpgPlatinum mining concern, Zimplats says it is on course to complete its US$450 million phase 2 project by 2013.

 

The project is expected to more than double production from the current level of over 5 million tonnes per annum.

 
The implementation of the phase 2 expansion project follow the successful commissioning of the phase 1 project, which involved the construction of a 2 million tonnes per annum processing plant as well as 2 underground mines.

Zimplats Group Executive Mining Operations, Mr Stanley Segula said notable progress has been made in the phase 2 of the expansion programme, which involves the refurbishment of Ngezi plant to over 4 million tonnes per annum production capacity.

“We have just finished phase 1 and are currently working on phase two our expansion programme. We are on schedule and on course to meet the 2013 target for completion of the project.

Mr. Segula also noted the company will commission an additional underground mine in May next year which was embarked on as part of phase 1 project.

Zimplats embarked on an ambitious expansion drive, embarking on an over US$300 million project in 2006 as part of the company’s long term expansion plan.

The project heralded the replacement of the remaining opencast operation with underground mining operations.