Alaska mine to rack in US$ 60 million annually

By ZBC Reporter

Alaska mine near Chinhoyi is set to resume operations in October this year, 20 years after the utility closed shop.

Three partners namely: the Zimbabwe Mining Development Corporation (ZMDC), Grand Sanyuan and Rusununguko Holdings have injected 12 million United States dollars towards resuscitation of mining operations at Alaska Mine, which was closed in 2000.

The majority of the funds will be channelled towards the construction and refurbishment of a flotation plant, a smelter and an electrolysis refinery, with an environmental impact assessment expected to be complete by the end of next month.

ZMDC Project Manager, Mr Voster Mamvura is confident of a bright future as the foundation has already been laid.

We are sitting on 4 million tonnes of dump which have 4 percent of copper. We are putting up structures by end of July after completion of EIA. We will undertake flotation plant and smelter construction,he said.

The Minister of Mines and Mining Development, Honourable Winston Chitando, who was accompanied by his Deputy, Honourable Polite Kambamura lauded the project, which he said dovetails with Vision 2030 and the target to attain a 12 billion United States Dollar mining economy by 2023.

We are looking at it in the context of vision 2030 and the 12 billion USD vision for the industry. We are on a drive to ensure copper assets are revived. About four projects are on course for resuscitation,said Chitando.

The Alaska mine revival project is expected to change the face of the local community which had become a ghost town.

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