Gold output slumb, diamonds up
Harare Tribune reports RioZim Ltd, Zimababwe’s largest gold producer has a sharp fall in production at the beginning of the year.
The company said output fell from 368 kilogrammes in the first half of last year to 255 kilogrammes in the same period this year.
The Company says:
“Operations at Renco Mine were affected by ZESA (local power utility) load shedd ing, plant breakdowns which were caused by lack of critical spares and a shortage of imported production inputs.”
For complete story, click this link. Follow developments in gold mining and exploration for free. Sign on to the Gold Investing Newsletter.
Comment |
|
Tweet |
|
All content Copright 2011 Dig Media Inc. Disclaimer
Email
Print
Reproduction Request
Fri, Aug 22, 2008
Post by Melissa Pistilli, Gold Senior Reporter