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President Mnangagwa mourns Tongai Muzenda

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President Mnangagwa expressed his deep sense of shock, horror and grief at the untimely death of the General Manager of the Minerals Marketing Corporation of Zimbabwe (MMCZ) Tongai Muzenda.

President Mnangagwa said Muzenda was a promising and trustworthy young executive who provided excellent leadership in charge of the MMCZ. President Mnangagwa went on to highlight the Muzenda’s various roles in serving the country, as well as his contributions to shaping Zimbabwe’s mining sector.

He offered his heartfelt condolences to the Muzenda Family and expresses his hope that they find solace in the legacy of service the late departed has left behind.

“I learnt with a deep sense of shock, horror and grief of the death last night (Wednesday) in a car crash of Cde Tongai Muzenda, son of our late Vice President, Dr Simon Vengai Muzenda.

A promising and trustworthy young executive, the late Cde Tongai Muzenda had been put in charge of our strategic arm, the Minerals Marketing Corporation of Zimbabwe, MMCZ, at which he provided excellent leadership. Today the MMCZ is all the poorer without him.

The late departed served our country in various capacities, including that of a Deputy Minister of Government under the First Republic, and as a Member of Parliament for Gutu West Constituency.

Before his political career, soon after his University studies, the late Cde Tongai joined the corporate world as a young executive.

He acquitted himself remarkably well in all these roles, thus upholding the Family tradition of enterprise, public spiritedness and great service to our Nation.

In that sense, he was a true chip off the old block, and we deeply mourn his untimely demise in such violent circumstances.

Alongside his peers, the late Cde Muzenda helped shape our mining sector, including playing the key role of policy sounding board at a time when we seek to refashion this sector so it keeps pace with expectations of our Nation, and with emerging global mining trends and standards. He will be sorely missed by all of us in Government, especially by those operating at the level of initiating mining policy.

On behalf of the Party, Zanu PF, Government, our Nation, my Family and on my behalf, I wish to express my deepest, heartfelt condolences to the Muzenda Family, and to the surviving spouse and children on this, their saddest loss.

May they find solace in the outstanding service the late departed rendered to his People and Nation during his short lifetime. We shall always remember his contributions to our Nation.

May his dear soul rest in eternal peace,” President Mnangagwa said in a press release.

ZIMPLATS records a single fatality in Q1

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Tragedy struck at ZIMPLATS’ Mupani Mine on 8th February 2023 when Mr Henry Raki, a worker at the mine, lost his life in a rock fall accident the company said in its Q1 report ENDED 31 MARCH 2023.

Mupani also experienced a second lost-time injury at the company’s smelter expansion and SO2 abatement project

Raki and his assistant were exposing lifters in preparation for charging a roadway when a rock wedge dislodged from the left edge of the face and struck Mr. Raki, causing fatal injuries. The incident was fully investigated, and the board of directors and management team expressed their condolences to Mr Raki’s loved ones and colleagues.

“A rock wedge dislodged from the left edge of the face at a height of 2.4m and struck and fatally injured Mr Raki. The board of directors and management team have extended their sincere condolences to the family, friends and colleagues of Mr Raki,” ZIMPLATS said in a statement.

The Management team at the Mupani Mine said it is committed to achieving a zero-harm working environment for all employees and contractors. As part of this goal, they have implemented remedial action plans in response to the two accidents at the mine. In addition, they are taking a proactive approach to address critical and emerging risks. By doing so, they hope to restore and maintain a safe working environment for everyone at the mine.

“The two accidents were fully investigated, and remedial action plans are being implemented. The board and management team remain committed to achieving a zero-harm working environment for all employees and contractors,” said the company.

This commitment to safety is essential in the mining industry, where workers face numerous hazards every day.

While nothing can bring Mr Raki back, his death serves as a reminder of the daily risks that mine workers face. It is up to the industry to take proactive steps to minimize those risks and ensure that everyone who works in a mine can do so safely. The Mupani Mine is taking those steps, and its commitment to achieving a zero-harm environment is an example that other mines should follow.

Tongai Muzenda dies

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Minerals Marketing Corporation of Zimbabwe (MMCZ) General Manager Tongai Muzenda has died.

Reliable sources confirmed the devastating news and said Muzenda was involved in a car accident in Borrowdale yesterday evening.

Tongai Matthew Muzenda joined MMCZ in February 2019. He held a Masters of Business Leadership degree from the University of South Africa and BSc Honours in Economics from the University of Zimbabwe. Having over 30 years of experience Tongai was a seasoned business and marketing leader who gained knowledge across several sectors including Mining, Agriculture and Public Sector Services.

Muzenda worked for Anglo American Corporation Services Limited in different managerial capacities as well as Marketing and Commercial Director and Chief Executive Officer of Zimbabwe Alloys Limited, a company involved in the production of low and high-carbon ferrochrome and ferrosilicon chrome.

Muzenda was also a Member of Parliament for Gutu West, Masvingo for five years and served as a Deputy Minister of Public Service, Labour and Social Welfare for two years. He held various directorships in Government entities and private organisations.

MORE ON TONGAI MUZENDA

Zimbabwe gold buying prices 26 April 2023

Fidelity Gold Refinery (FGR) official gold buying prices Wednesday 26 April 2023. See the Zimbabwe gold buying prices for today.

SG 90% AND ABOVE US$60.70/g
SG ABOVE 85% BUT BELOW 90% US$59.74/g
SG ABOVE 80% BUT BELOW 85% US$59.10/g
SG ABOVE 75% BUT BELOW 80% US$58.46/g
SAMPLE BELOW 10g BUT ABOVE 5g US$57.50/g
FIRE ASSAY CASH US$60.70/g

NB: Fire Assay cash price is for gold above 100gs and no sample is deducted.
For the Fire Assay Transfer price, a sample of not more than 10g is deducted
A 2% royalty is charged on all deposits (small-scale miners)
A 5% royalty is charged to Primary Producers

Cash available. Fidelity Gold Refinery prices will be changing daily in relation to world market prices.

Zimbabwe gold buying prices 25 April 2023

Fidelity Gold Refinery (FGR) official gold buying prices Tuesday 25 April 2023. See the Zimbabwe gold buying prices for today.

SG 90% AND ABOVE US$60.42/g
SG ABOVE 85% BUT BELOW 90% US$59.46/g
SG ABOVE 80% BUT BELOW 85% US$58.83/g
SG ABOVE 75% BUT BELOW 80% US$58.19/g
SAMPLE BELOW 10g BUT ABOVE 5g US$57.24/g
FIRE ASSAY CASH US$60.42/g

NB: Fire Assay cash price is for gold above 100gs and no sample is deducted.
For the Fire Assay Transfer price, a sample of not more than 10g is deducted
A 2% royalty is charged on all deposits (small-scale miners)
A 5% royalty is charged to Primary Producers

Cash available. Fidelity Gold Refinery prices will be changing daily in relation to world market prices.

Zim to introduce yet another currency, gold coins ignored?

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The Reserve Bank of Zimbabwe (RBZ) has revealed its plans to introduce a gold-backed digital currency as legal tender to try and stabilize the Zimbabwean dollar.

This decision comes as the country’s currency faces extreme volatility, with its value against the US dollar plummeting significantly over the past months.

This digital currency becomes yet another currency introduced in less than a year after Mosi-Oa-Tunya gold coins which were expected to rescue the unstable local currency.

The RBZ last year also introduced gold coins which it said would be in use in the country. This created a frenzy with companies and wealthy individuals buying the coins which were at a cost of us$1800. This however did not help the ailing economy’s poor majority as they could not afford the astronomical amount. The government promised to introduce smaller denominations of the coin but to date, no action has been taken.

The proposed digital tokens will be backed by the country’s gold reserves, which will be held by the central bank. Through the introduction of the gold-backed digital currency, RBZ aims to offer a way for people holding Zimbabwean dollars to exchange their money for the token, providing them with a hedge against the country’s volatile currency.

To date, the Zimbabwean dollar’s value has been fluctuating significantly, with 1 US dollar being worth around 1,000 ZWL on the official market, compared to 150 Zimbabwean dollars only a year ago; this is partly because Zimbabwe operates a dual-currency system, utilizing both the Zimbabwean dollar and the US dollar.

In August 2021, RBZ announced that it would create a central bank digital currency (CBDC). This step follows a trend among African countries that are exploring the potential benefits of CBDCs. For example, Nigeria launched its eNaira digital currency in October 2021.

The introduction of a gold-backed digital currency in Zimbabwe could potentially provide a more stable alternative to the Zimbabwean dollar and help restore confidence in the country’s financial system. Nevertheless, the success of this initiative will depend on factors such as the central bank’s ability to maintain adequate gold reserves, public trust in the digital currency, and the government’s commitment to addressing broader economic challenges.

Invictus to begin drilling at second site in early Q3

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Australian energy firm Invictus Energy Limited (IEL) is set to begin its Mukuyu-2 appraisal early in the third quarter of this year.

The appraisal will integrate the experience gained from the drilling of the unsuccessful Mukuyu-1 exploration well, which had to suspend operations in December 2022 when the drilling tools encountered problems while securing a viable hydrocarbon sample.

The firm raised AUD10m ($6,680,750) through a private placement to fund its new drill site Mukuyu-2. Scott Macmillan, the firm’s managing director told shareholders that Mukuyu-2, located in the Muzarabani potential oil and gas site, will be designed for flow testing to confirm reservoir connectivity and deliverability following the successful discovery of gas-condensate.

The well will also target multiple hydrocarbon-bearing intervals encountered during the exploration of Mukuyu-1. IEL is hoping to expand its exploration portfolio with fresh offerings to boost the company’s operations in the Zambezi Valley basin.

The firm is soliciting institutional and fresh investors to support ongoing efforts to progress the exploration of the frontier Cabora Bassa Basin.

Interview – Tinotenda Chitakunye acting section Manager Unki

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May we kindly have a brief introduction of yourself?

My name is Stella Tinotenda Chitakunye, I am a mining Engineer by profession. I joined Anglo American Platinum Unki Mine in 2015 as Mining Graduate Trainee and have been recently appointed acting Section Manager.  I hold a BSc Mining Engineering degree from the University of the Witwatersrand and I am currently studying towards an MBA in Management Strategy.

In my other life, I am a wife to my husband and a proud mommy of two girls.

Congrats on being appointed acting section manager. Tell us about this new exciting role!

You got it right to say exciting role – I am truly excited to take up the new challenge. I am responsible for all mining operations in the South Section of the underground workings at Unki Mine. I work with a great team of capable shift supervisors and their teams and we are chasing the Anglo-American goal of safe, stable and capable production.

How do you think your colleagues describe you?

Tough one to answer! Recently I had an earnest conversation with a colleague who described me as an introvert, therefore, I would like to believe colleagues describe me as a woman of very few but impactful words.

How do you deal with conflict in the workplace?

I believe the first step to dealing with conflict is to have an objective conversation and understand the viewpoint of others. From then we would need to agree on the points of agreement and disagreement and map the way forward to address the conflict for the gain of both parties.

You oversee/ supervise men at work. What is your working relationship with them like?

I believe we have formed a good working relationship with my team of shift supervisors (all men). Critical to establishing this relationship was getting them to understand my expectations and my understanding their pain points. We then developed a workable plan to ensure that pain points are addressed so that we all pull to one objective, which is meeting business expectations.

Is there any gender discrimination at work for the girl child and can it be stopped?

Gender discrimination is a definite no-no and has to be eradicated from the mining industry. Any comments passed should be based on merit and not petty stereotypes.

The mining environment is considered to be harsh, looking back on your career, do you sometimes regret ever choosing the mining profession?

Never! I do not regret my decision to take up Mining Engineering as a profession. I remember in college I used to say that Mining Engineering is the easiest of all engineering professions. I still believe this statement though I am also cognisant of the fact that there is great risk in the work we do and it is upon us to make the working place environment safe and conducive for all.

What are some of the most important skills for a mining engineer to have?

Continuous/Business Improvement skills. Before being appointed Acting Section Manager I was an Operational Planning Officer in the Integrated Planning and Operating Model Department. I believe the business improvement skills I acquired in that role have set me up for success in my current role.

What is the most challenging project you’ve worked on as a mining engineer?

I was part of the project team that rolled out the Anglo-American Operating Model at Unki Mine. The Anglo-American Operating Model is a framework which enables operations to operate in a standardised and structured way to help meet business expectations. With this project came a lot of challenges, especially in change management but I am glad the rollout was a success.

Which professional affiliations or associations are you part of?

I am a member of SAIMM

After all your experience in the Mining Industry would you recommend mining to the girl child?

Most definitely. There are vast opportunities in Mining and the girl child should also tap into them.

What do you think is the most important aspect of Mine safety?

Being a brother’s keeper. This calls on all of us to correct unsafe acts/conditions in our workings so we protect ourselves and the next person from the hazard.

As “World’s Greatest Mum” how do you balance mining and being a mother?

In the few weeks, I have been appointed to this role I have had to rethink my parenting model. For me to be a good mom to my girls I realized I need to make the most of my time with them – this means that when I get home I put down my laptop bag and get on the floor to play with them and give them my full attention. When I am away from them I try as much as I can to keep in touch by video calling them every night to catch up on the day and say good night.

What new technologies or innovations in mining do you recommend to fellow mines/miners?

With the world going big on data analytics I believe that miners should invest in data – both quantity and quality. The availability of quality data will enable mines to do trend analysis and employ forecasting tools to enable management to make informed decisions.

What was/is your favourite project and why?

My first project as a Mining Graduate Trainee was the 2015 Unki Mines Rapid Results Projects – 100-Day Plan. I enjoyed working on this project as I embraced it as an opportunity to showcase my acquired skills as a graduate and add value to the business. The project was later dubbed, “The Everyday Plan” as it saw Unki Mine registering significant improvements in production and productivity beyond the 100 days.

Do you think a women-only mine is possible?

No, I believe to make mining a success we need men and women to merge their diverse skills.

Any advice to Melo who wants to venture into Mining Engineering?

Go for it girl! It will not be easy but definitely worth your while. It all needs you to accept the challenge and face it head-on – no backing down over petty stereotype comments!

Besides mining what’s Tino into?

I am a Deacon at my church and I enjoy ministering through hosting.

Mechanical issues, logistical challenges affect Blanket’s Q1 Production

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Blanket Mine produced 16,036 ounces of gold during the 1st quarter, representing a 13% decrease compared to the same period in the previous year.

The reduction is attributed to a series of minor mechanical issues and logistical challenges, all of which have now been resolved. Management has reiterated its production guidance for the year ending December 31, 2023, with an anticipated output of between 75,000 and 80,000 ounces of gold from the Blanket Mine.

The Bilboes oxide project produced a mere 105 ounces of gold during the quarter, and the ramp-up to commercial production has been slower than expected due to inconsistent grades, mechanical breakdowns, and the limited availability of spare parts and alternative equipment. The company had initially predicted on-mine cost per ounce of Bilboes oxide production to be between $1,200-1,320, making it a low-margin activity. Given the initial challenges faced in the project, management has decided to report actual production achieved each quarter at the oxide project as part of the pre-stripping activities.

Caledonia Mining Corporation CEO, Mark Learmonth, acknowledged the lower production levels at the Blanket Mine but is optimistic about the following quarters. He also reiterated the production guidance for Blanket and reaffirmed the company’s commitment to the Bilboes sulphide project, which is currently undergoing an updated feasibility study. Although the Bilboes oxide project is a low-margin activity, the company sees the project as a necessary pre-stripping exercise for the larger sulphide operation.

Said Mark Learmonth: “Gold production at Blanket is usually lower in the first quarter of each year and increases in the following quarters.

“This trend is in evidence this year, albeit production in the first quarter of 2023 was below our target due to a series of issues including equipment failures and logistical issues.

“These issues have been resolved and production to date in April has been higher than expected.

“The small-scale low-margin oxide operation at Bilboes is effectively a pre-stripping exercise for the larger sulphide project in respect of which we have commenced work on an updated feasibility study,” he concluded.

Zimbabwe gold buying prices 24 April 2023

Fidelity Gold Refinery (FGR) official gold buying prices Monday 24 April 2023. See the Zimbabwe gold buying prices for today.

SG 90% AND ABOVE US$60.28/g
SG ABOVE 85% BUT BELOW 90% US$59.32/g
SG ABOVE 80% BUT BELOW 85% US$58.69/g
SG ABOVE 75% BUT BELOW 80% US$58.06/g
SAMPLE BELOW 10g BUT ABOVE 5g US$57.10/g
FIRE ASSAY CASH US$60.28/g

NB: Fire Assay cash price is for gold above 100gs and no sample is deducted.
For the Fire Assay Transfer price, a sample of not more than 10g is deducted
A 2% royalty is charged on all deposits (small-scale miners)
A 5% royalty is charged to Primary Producers

Cash available. Fidelity Gold Refinery prices will be changing daily in relation to world market prices.