President commissions re-designed Eureka Gold Mine

By ZBC Reporter

President Emmerson Mnangagwa has commissioned Eureka Mine in Guruve, following an investment of  50 million United States dollars by Dallaglio Investments ,which purchased the mine from Delta Gold in 2018 and went on to re-design the mine and install new plant and equipment.

Dallaglio plans to produce an initial 140 kilogrammes of gold per month gradually  increasing up to 200 kilogrammes per month positioning the mine to contribute significantly to US$12 billion mining industry by 2023.

400 jobs have been created and the operation will contribute over 1 billion dollars to the fiscus in the near future.

Eureka will initially operate as an open pit mine and the ore body has been explored to a 650 metre depth.

The investment is one of the key results of the Zimbabwe is open for business drive initiated by President Emmerson Mnangagwa to drive the society to middle income by 2030.

It also dovetails with the National Development Strategy one which targets beneficiation of five minerals, gold, platinum group metals, diamond chrome and coal.

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