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Machete miner sentenced to 10 years

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AN artisanal miner from Gweru has been sentenced to 10 years in prison for stabbing a fellow patron once in the chest outside a bar in Mkoba Village 14 suburb in a botched robbery.

Njabulo Ngwenya (25) who resides in the same suburb, was convicted of attempted murder by Gweru provincial magistrate Mrs Phathekile Msipa.

Ngwenya who had pleaded not guilty, was however found guilty after a full trial.

In passing sentence Mrs Msipa said Ngwenya deserved a lengthy prison term in order to deter would-be offenders.

“Cases of robbery and unwarranted attacks on innocent people are on the increase and as such courts should pass deterrent sentences to protect society. You are therefore sentenced to 10 years in prison,” she said.

 Prosecuting, Mr Kelvin Guvheya told the court that on August 26 at around 1am, the complainant Mr Lucky Chigwendere (47) was drinking beer inside Tatenda bar with his brother.

The court heard that Mr Chigwendere went out of the bar to receive a call from his mobile phone. Mr Guvheya told the court that while answering his cellphone- Ngwenya approached Mr Chigwendere and stabbed him with a knife once in the chest in an attempt to rob him.

A report was made to the police leading to Ngwenya’s arrest.

Meanwhile, a 46-year- old man from Gweru has been sentenced to 15 years in prison for raping his daughter`s 11-year- old friend.

The man who pleaded not guilty was convicted of one count of rape by Mrs Msipa.

She sentenced him to 15 years in prison but he will serve an effective 12 years in prison after three years were suspended on condition of good behaviour.

Mr Guvheya told the court that on October 26 at around 11AM, the complainant who cannot be named to protect her identity, was sent by her grandmother to Mambo suburb in Gweru to go and see her father.

The court heard that on her way back the accused saw her and called her into his house.

Mr Guvheya said the accused asked the complainant to cut his toe nails before asking his daughter who was also in the room to go and buy some sweets.

The court heard that the accused took some unknown substance from a bottle and sprayed it onto the face of the complainant whose vision became poor before raping her once.

The court heard that the complainant went home crying and narrated her ordeal to her mother before the matter was reported to the police leading to the accused’s arrest_The Chronicle

R59bn bailout for Eskom

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The National Assembly has passed the Special Appropriation Bill, which aims to provide Eskom with a R59 billion bailout for the rest of this year and the next financial year.

The Bill must now be approved by the National Council of Provinces before it can be signed into law by the President. Debate on the bill saw opposition parties blame the ANC for state Eskom finds itself in, with some, like the EFF and the Freedom Front Plus, saying they could not support it. Wrapping up the debate, Finance Minister Tito Mboweni told the House that Eskom’s problems were not just financial.

“One of the key issues that we need to solve is by appointing the correct people to run Eskom. That’s what we need to do. We must appoint the correct board of directors, we must appoint a competent management team and we must then be in a position to hold the board of directors and the management team accountable for the operations of Eskom.” — Eyewitness News.

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Mashwest Mining Investment Seminar moved to the 12th of November 2019

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Timelison Media the publishers of Mining Zimbabwe Magazine wish to inform all its stakeholders that the Mashonaland West Mining Investment Seminar which was scheduled on the 29th of October 2019 has been moved to the 12th of November 2019.

Mashwest Mining Investment Seminar is an Investment Conference that seeks to Highlight Opportunities in Mashonaland West, encourage and promote Mining development, growth as well as Safe Mining methods. The event brings to the spotlight mining investments and opportunities, foster dialogue on development opportunities and challenges of ASM within Mashwest’s mining sector.

The event was moved due to reason beyond our control, we apologize for any inconvenience caused.

SA miner has right to all of $4.2bn Zimbabwe platinum mine

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Tharisa, a publicly-traded South African platinum and chrome miner, has the right to take over a platinum mine project in Zimbabwe that could ultimately cost $4.2 billion.

The company in June last year paid $4.5 million for a 26.8% stake in Karo Mining. Karo is overseeing the project, which is seen by the government as key to reviving the economy from a two-decade slump. Karo Holdings and the Government of Zimbabwe entered into an investment agreement on 22 March 2018 under the terms of which Karo Holdings has undertaken to establish an integrated mining and refining complex that that could generate up to 15 000 direct jobs across the value chain. The Great Dyke located mine could be Zimbabwe’s biggest platinum operation.

While Zimbabwe has the world’s second-biggest platinum deposits, development has been stymied by political instability, economic collapse and controversial local-ownership law that only recently was softened. Impala Platinum, Anglo American Platinum and Sibanye Gold have operations in the country.

The “option to acquire the balance of the equity in the project economics make sense,” Tharisa said in a response to questions. The Johannesburg-based company had previously said it could increase its stake in the project, without being more specific.

Karo is expecting to publish how much platinum it believes is in the 23 903 hectares (59 064-acre) concession, in a so-called resources and reserves statement, in December, Tharisa said. The company is focusing exploration at a depth of 50 meters to 150 meters (164-492 feet), significantly shallower than the world’s biggest platinum mines in South Africa.

In addition to the mine, which the government estimates will produce 1.36 million ounces of platinum group metals by 2024, Karo Power, another related company, may install 300 megawatts of solar power.

Besides Karo, the government expects production from existing mines to be 1.03 million ounces of platinum group metals by 2023 while a project, the identity of which will be disclosed in December, will produce 108 000 ounces. Great Dyke Investments, a venture between Russian and local investors, will produce 290 000 ounces in 2023, the government said. The current national output is 979 000 ounces.

Tharisa should exercise caution before taking over the whole project, given the state of Zimbabwe’s economy, said Luvuyo Booi, an analyst at Noah Capital Markets, who rates the company as a buy. The country is experiencing hyperinflation and gross domestic product is expected to contract this year for the first time since 2008.

“It’s a high-risk jurisdiction,” he said. “I would rather they do it in small tranches.”

Bloomberg L.P.

Dam collapse at gold mine kills 15

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15 artisanal miners lost their lives after the collapse of a dam at a gold mine in the Siberian region of Krasnoyarsk Krai, Russia.

The dam located on the Seiba river burst after heavy rain, flooding cabins where the artisanal miners lived.

The BBC reported that the mine is remotely located about 160km south of the city of Krasnoyarsk, which is 4,000km east of Moscow.

Russian President Vladimir Putin has ordered officials to undertake all necessary measures to help those affected and to investigate the reasons behind the incident.

The Russian investigative committee has undertaken a criminal investigation over the allegations that the dam violated safety regulations.

Reuters cited local authorities as saying that the collapsed dam was not registered by official bodies.

Krasnoyarsk officials said that water released by the dam partially flooded two dormitories of the rotational camp where 74 people lived.

Russian news agency Interfax reported that several small cabins were swept away by the floodwaters.

Krasnoyarsk regional government head Yuri Lapshin said: “The hydro-technical facility was self-constructed and, I believe, all rules I can and cannot think of were violated.”

Artisanal gold mining in Russia, which is usually small-scale, is still conducted by registered companies, which are supposed to follow the country’s health and safety standards. Mining Technology

Nigeria in bid to get oil refineries working

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Africa’s biggest oil producer is trying to get its refineries working in an attempt to wean itself off imported fuel. Yet again.

Over the past 12 years, Nigeria tried and failed four times to crank up its aging and unprofitable crude-processing plants. Now the state-run energy company is giving it another shot — a move that, if successful, could end the nation’s reliance on fuel imports. However, the country’s recent track record means there’s skepticism about the latest effort.

“For our refineries that have not been properly maintained for years, it might be easier to build a new one,” said Cheta Nwanze, head of research at SBM Intelligence, a Lagos-based risk advisory.

The West African country of about 200 million people imports more than 90% of products like gasoline and diesel, swapping its prized export — crude — for petroleum products that people need in their everyday lives.

The Nigerian National Petroleum Corporation, or NNPC as the state energy company is known, operates four refineries that have long run at a fraction of their capacity.

The newest is almost four decades old. By successfully making its own fuels, Nigeria would stop being reliant on traders bringing supplies on tankers from thousands of miles away — with all the extra costs that entails.

Truly committed Mele Kyari, the newly appointed group managing director of NNPC, says this time will be different.

He’s made fixing the plants a crucial part of his agenda since taking the helm of the company in July, and says President Muhammadu Buhari is the country’s first leader in years to be committed to the revamp.

Kyari has revived a target to upgrade the plants and end fuel imports by 2023 after the company missed a previous goal for the end of this year.

Minister of State for Petroleum Resources Timipre Sylva said in an interview in London this month that the overhaul should be successful this time because Nigeria is asking the owners of the refinery technology to get more involved in the work.

Once the plants are operational, they will be run by external people, which will also help, he said.

The work is scheduled to begin in earnest in January, first on the Port Harcourt complex, a two-refinery facility with the capacity to process 210 000 barrels of crude a day. Repairs will then move to the smaller refineries.

Dangote boosts Some of Nigeria’s challenges to become more self-sufficient in fuel may soon be alleviated for another reason. In the next few years, a new, privately owned 650 000 barrel-a-day refinery is due to come online. In theory, it could meet all of the country’s fuel needs and have enough left over for exports.

The plant, being built by Africa’s richest man Aliko Dangote, is not owned by the Nigerian state though.

That means that the country would have to pay market prices — similar to those charged by traders — for the fuel the refinery churns out.

There would be little reason for Dangote to subsidise Nigeria’s domestic fuel prices if it were more profitable for the refinery to sell elsewhere.

The skepticism that state-run plants can return to full operation stems from NNPC’s previous attempts.

Efforts to overhaul its refining industry — in 2007, 2010, 2012 and 2016 — all failed to work out. The state energy company has to compete with other domestic demands for funding, such as health care, education and other social services.

Three years ago, Nigeria sought external financing for its refineries following a plunge in crude prices, oil theft and attacks on its pipelines by militants and other saboteurs.

That effort crumbled after it failed to convince investors of the viability of the venture.

NNPC is talking to the African Export-Import Bank and other financial institutions to fund the revamp.

“The money to comprehensively fix the refineries is simply not there,” said Ayodele Oni, chair of the energy and natural resources practice at Bloomfield Law in Lagos.

“It is a difficult task to attract any significant funding required for their repairs in their present state.” — Bloomberg.

Hwange station needs complete overhaul

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SUBDUED power generation at Hwange Power Station is contributing to prolonged load shedding as only four units out of six are operating, general manager for the plant, Engineer Arnold Chivurayise, has said.

He told Energy and Power Development Minister Fortune Chasi during a tour of the expansion project for units 7 and 8 that operations were hampered by incessant breakdowns due to ageing equipment and a shortage of foreign currency to purchase spare parts. 

The giant station is operating below capacity with other remaining units also not working efficiently.

“The equipment here is over 30 years old and yet design lifespan of a power plant is 25 years. We have to refurbish some of the units thereby extending the life span.

“Although this has helped in the short term it has not solved our problem as we have continued to have challenges with breakdowns of other units,” said Eng Chivurayise. 

“This has been exacerbated by the fact that some of the units have gone beyond their statutory servicing due to financial constraints. There is a need to overhaul all the units and replace old equipment to ensure improved efficiency.

“Unit 5 and 6 are off grid undergoing maintenance after going through some breakdowns. However, regarding unit five we are waiting for diesel after going through an overdue statutory outage to repairs tube leaks.”

He said the other unit had a damaged generator rotor and was awaiting installation by an Italian company following purchase of spare parts. 

“We need to do a complete overhaul of all the units and replace old equipment to get efficiency. Financial resources are not availed in good time leading to delays and this has also contributed to us not running efficiently,” Eng Chivurayise.

He said close to 424 000 euro was needed to complete the repairs on unit 6 with 1 664.7 gigawatts having been lost from January to September 2019. 

The power utility is facing a plethora of challenges that include procurement limitations, shortage or inadequate foreign currency allocation by RBZ for spares and running costs that exceed collected revenue.

Zimbabwe Power Company (ZPC) head of operations, Engineer Kenneth Maswera, said the company was looking at other ways of reducing the cost of running the plant such as introducing plasma technology to replace diesel and Coke Oven Gas (COG). 

Although the station uses coal as its primary fuel with diesel as secondary for its boilers it requires up to two million litres per month, which translates to US$20m. 

“In order to cut on our use of diesel to fire up our boilers we want to use the plasma technology to replace diesel thereby reducing consumption of the fossil fuel by 90 percent through the technology. 

“We also have an opportunity to use COG, which we used to get from Hwange Colliery around 1994,” he said. 

“We have companies that have expressed interest to supply, which might mean that we might totally run on COG. So, a team was set to do due diligence.”

Minister Chasi said Government would do its best to support ZPC in ensuring that it worked efficiently in generating electricity for the country.

“The primary purpose of increasing the tariff and making it cost reflective is to say that we want a solvent Zesa that is able to interact with other players in the region and world to get financing. 

“The new cash flows or inflows that will be coming in arising out of this tariff will be applied towards generation of power first and foremost,” he said.

The Minister said he was pleased with progress being made on the expansion project for units 7 and 8_The Chronicle

Coal output projected at 15m tonnes

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COAL production in Zimbabwe is anticipated to leap to 15 million tons next year as new producers come on stream while existing ones are also expected to raise their output, a Cabinet Minister has said.

Zimbabwe boasts of huge coal deposits in Matabeleland North province where companies such as Hwange Colliery and Makomo Resources are active. Mines and Mining Development Minister Winston Chitando said production was expected to rise as several new coal mining projects were lined up.

“Traditionally we produce about three million tons of coal per annum. This year we expect that we will produce just about four million tons, but the installed capacity for coal production by next year will be 15 million tons per annum,” he said.

“We have Liberation Mining around the Gwayi area, they already have the full equipment, which has been installed (but) there have been a few administrative issues relating to their production but they will begin production in the new year.”

Minister Chitando said Government was working on developing a coal export corridor running from Matabeleland North as part of efforts to develop the coal sector.

“Initiatives for the establishment of a coal corridor and a port for exports will be intensified working together with the Ministry of Transport,” he said.

The minister said the agreement signed with Dubai-based company Victoria Consultant, would assist in boosting production and to secure coal export markets.

“The agreement with Victoria Consultant provides for it to source markets as well as capital for the expansion of coal (projects),” he said.

Zimbabwe, which started coal production in the early 1900s, has an estimated 25 billion tons of coal reserves. The country, which says its abundant mineral resources include more than 40 exploitable minerals, is seeking to maximise mineral exploitation to reboot its economy. 

Meanwhile, Zimbabwe expects to start producing sufficient electricity for domestic use and surplus for export by 2024 through the exploitation of its huge and untapped Coal Bed Methane (CBM) deposits as well as investment in new thermal power stations.

Zimbabwe has one of the highest measured CBM resources in Southern Africa and is believed to be sitting on an estimated 765 billion cubic metres in the Hwange/Lupane basins. In early 2012, Mozambique discovered CBM in areas that border Zimbabwe’s Manicaland province into which it is believed the gas also flows. 

Coal bed methane offers a cleaner alternative source of power compared to coal and the scope is even greater for its exploitation considering that Zimbabwe is battling a severe power crisis due to over-reliance on hydro power, which is affected by seasonal rainfall. 

It can also be converted into diesel, petrol, ethanol, fertilisers, aviation fuel and other products including specialist lubricants and waxes. 

Minister Chitando has said the country expects to generate electricity from CBM within the next two years while five investors, including Afrochine, Jinan and Karo Resources were also at various stages of setting up thermal power stations.

Analysts contend that CBM exploitation presents an opportunity for Zimbabwe to lessen its dependence on imported petroleum and electricity while also providing an alternative means to produce cleaner energy from coal. — New Ziana

Fuel prices remain unchanged

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THE Zimbabwe Energy Regulatory Authority (Zera) said on Saturday that the country’s fuel prices remain unchanged for this week, much to the relief of motorists used to weekly price increases.

This is the second week in a roll that the energy regulator had kept fuel prices unchanged. From August, Zera had been increasing fuel prices weekly in tandem with the floating exchange rate, much to the chagrin of motorists.

But in spite of the price increase, the commodity has remained scarce, with long winding queues a common feature at all fuel stations. 

In a statement, Zera said fuel prices remained unchanged at $14.97 per litre of petrol and $15.64 for diesel.

“Please be advised that the fuel prices effective Monday 21 October 2019 are as follows: $15.64 per litre for diesel and $14.97 for petrol.

“Accordingly, prices have therefore not changed for both diesel and blend. 

“Operators may however sell at prices below the cap depending on their trading advantages,” said Zera.

While the regulator encourages fuel companies to sell at below the set prices depending on their trading advantages, the operators hardly do that. Instead, many actually charge above the set thresholds. —  New Ziana

500MW solar project for Zhombe

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A 500 megawatt solar project will soon be established in the Zhombe area in the Midlands province at a cost of $200 million, an official has said. 

Core Zimbabwe Mining Private Limited, one of the three companies working with Zibagwe Rural District Council to erect a number of solar plants in the area, expects to finalise legal processes by the end of this year with construction set for first quarter 2020.

Zibagwe RDC chief executive officer, Mr Farayi Machaya, said the contractor has acquired land for the $200 million investment.

“We are quite pleased with the progress made thus far by Core Zimbabwe. So far, they have managed to secure a 300 hectare piece of land, which is very crucial in this project. 

“They have managed to get the lease agreement after completion of all the necessary paperwork and procedures,” said Mr Machaya.

“I am reliably informed they have since acquired a power generation licence from relevant authorities. They have the lease agreement from the Ministry of Lands and they have also acquired a grid connection licence. 

“So, in terms of paperwork, they have covered much ground and I am sure they are now left with acquiring the power generation licence from Zera, which I am sure they will get by end of year.” 

Mr Machaya said once they get the Environment Impact Assessment (EIA) done by end of the year, construction would commence.

“We are hopeful that all the necessary legal processes will be done by the first quarter of 2020 and we start construction,” he said. 

The project is expected to create about 300 jobs.

“This is in line with Vision 2030’s focus on poverty eradication and that of creating employment for our local people as envisaged by President Emmerson Mnangagwa,” said Mr Machaya.

He said the project will immensely benefit the community by supplying power to areas like Kwekwe, Gweru, Kadoma, Gokwe and Nkayi, among others_The Chronicle