Shamva gold mine re-opens for business
Minister of Mines and Mining Development, Winston Chitando today presided over a ceremony marking the reopening of the Shamva Gold Mine, which had been shut down due to various operational challenges.
The mine was closed in January of last year and resumed operations in May of this year, and was re-opened for business today, according to twitter’s Ministry of Information, Publicity & Broadcasting.
Minister of Mines and Mining Development, Hon O. Chitando presided over a ceremony to celebrate the re-opening of Shamva Gold Mine this morning.The mine resumed operations in May 2020 after closing in Jan 2019 as a result of various operational challenges. #Vision2030 pic.twitter.com/Qcwd6n5Lpc
— Ministry of Information, Publicity & Broadcasting (@InfoMinZW) November 18, 2020
Shamva Gold Mine is the largest gold producer in the country which produces an estimated 400kgs of gold bullion per month, which translates into 4.8 tons of gold per year.
Shamva Gold mine is the largest gold producer in the country. It produces an estimate of 400kgs of gold bullion per month which translates into 4.8 tonnes of gold bullion per annum.Currently, the mine employs 800 workers with more employees to be recruited as production increases pic.twitter.com/COOAQmAF6A
— Ministry of Information, Publicity & Broadcasting (@InfoMinZW) November 18, 2020
The mine currently employs 800 employees with more staff to be employed as production rises.
Shamva Gold Mine reopened after Landela Mining Venture acquired and injected fresh capital into the business, previously owned by Metallon Corporation.
Metallon suspended operations at three of its mines including Shamva and Mazowe last year due to mounting debts estimated at US$200 million.