- May 1, 2019
- Posted in LOCAL
RioZim group associate, Dalny Mine Compound Pco’s 2018 gold output increases by 8 percent from the previous year due to the company’s investment in exploration, despite the group’s gold production regressing by 13% to 1.792 tons which is less than the 2.071 tons produced the previous year.
According to the statement issued by RioZim chairperson Mr Lovemore Chihota, Dalny Mine produced 442 kilo grams of gold which is 8 percent increase from the previous year, necessitated by the Mine’s investment in exploration.
“Dalny produced 442kgs, an 8% increase from the prior year. The Company’s investment in exploration and development in the prior year resulted in the improved availability of ore sources with higher recoveries” he said.
The group’s chairperson also said that, the Mine’s improved milling also aided to its strong performance.
. “Improved milling also underpinned the strong performance” he said.
According to Chihota, shortages of foreign currency resulted in the delay of scheduled underground mining at the mine which would have further increased production. As a result, the mine could not access the rich underground ore resource, leading to lower grades of 2.57g/t against grades of 2.65g/t achieved in 2017.