The Zimbabwe Chamber of Mines has appealed to the government for help after ZESA Holdings failed to honour electricity-supply contracts.
In a letter written to Finance and Economic Development Minister Mthuli Ncube, the Chamber of Mines revealed that some companies are going for 3 days a week without power and if the situation persists, mineral production will fall by as much as 30% this year.
“We are also appealing for increased power allocation to the mining sector in line with anticipated increased mineral production in 2020”. The Chamber said.
However, Zesa’s acting chief executive officer, Patrick Chivaura, has disputed the miners’ position, insisting that the miners are paying less than a third of the US$11 million they agreed to pay each month for electricity.
Electricity is one of the major reasons why this year Zimbabwe is facing major gold submissions decline.
newZWire
