By Business Reporter
BIMHA mine has made a comeback after reaching the intended full-load capacity within its first year of operation, after four years of closure due to a geological fault.
Massive capital investments in redeveloping and redesigning the collapsed mine were made to the tune of US$101 million.
Zimplats Chief Executive Officer Alexander Mhembere said ‘The mine has now reached nameplate capacity in terms of production. However, there is still critical equipment we need to install underground, like the underground crushers. That work is still outstanding but we are on target in terms of that development.’
Bimha mine has since been restored to its former glory, contributing positively to overall output after it met its milestone of achieving design capacity of 2.2 metric tonnes end of April 2018, contributing 31% to Zimplats total production as at 30 August 2018.
US$29.9 million was spent in for year 2018 with US$66.2 million project expenditure to date.
Bimha mine collapsed in 2014 due to a major geological fault in the rock. Its collapse affected production and naturally to the overall contribution to the fiscus. ENDS//