- February 17, 2020
- Posted in NEWS
EMA speaks on Great Dyke Investments project, the Darwendale Integrated Platinum Group Metals in Norton, Zimbabwe. The Great Dyke Investments mine is expected to be the biggest Platinum miner in Zimbabwe in a few years to come.
About Darwendale Integrated Platinum Group Metals
Darwendale Integrated Platinum Group Metals (PGM) Project is operated by Great Dyke Investments (Pvt) Ltd, a joint venture established on a 50/50 basis between Russian AO Afromet and the Zimbabwean company.
Darwendale deposit is a part of the Great Dyke in the Republic of Zimbabwe, one of the world’s largest systems of PGM mineralization with shallow dipping of ore bodies. Total resources of the deposit amount 50 mln oz (1,550 t) of PGMs, of which 17.6 mln oz (550 t) have been thoroughly explored and confirmed according to JORC standards.
The Project is earmarked high priority for state and economic relationship between Russia and Zimbabwe. The Intergovernmental agreement has been signed in support of the Project by both Russian and Zimbabwean governments. Moreover, the Special mining lease and the National project status have been granted to Project which fix significant preferences and benefits in accordance with the Zimbabwean law.