Accommodation |  Real Estate |  Restaurants |  What To Do |  Coming Events |  Current News |  Information |  Contact the webmaster
Go to home page View Accommodation options Property for sale Eating Out Activities Information
Latest news on Gweru!
For the people of Gweru
Venue Hire
weddings, conferences, functions
Gweru Ads
Online classifieds
Photo Galleries
Gweru, Our Region and People
Subscribe
The only way to stay informed.
All the non-profit organisations in and around Gweru
Tertiary Institutions
Educating the Nation
Quick Links to Zim Sites
Here are some quick links to Zim sites of Interest
Artists and Musicians
Local artistes
Voice of Zimbabwe
Government Departments
Starting Your Own Business
Small Business Resources
Neighbourhoods
Gweru hood links
Diaspora Links
Quick links for diasporans
Gweru Blogs
All Gweru Bloggers and Journalists
Gweru Videos
Mini Bioscopes
Sporting Teams
These are our sporting pride
[see all...]
Unki Mine Suspends Expansion
 Back
Stephen Chadenga - SouthernEye Online
10/01/2014

Unki Mine suspends expansion

Anglo American Platinum-owned Unki Mine has temporarily put on hold its expansion plans as a result of the fall in price of platinum on the world market, a company official has said.

The price of platinum fell from $1 500 to $1 300 per ounce on the world market because of reduced demand.

Unki Mine general manager Walter Nemasasi said the company would now concentrate on finishing its $25 million housing project for employees before embarking on other big programmes.

“Our focus is now on completing the $25 million housing project for our workers that is already underway at Impali Source farm in Shurugwi. Once the price of platinum picks up then we could always explore other avenues in our expansion programme,” Nemasasi told journalists at a Press briefing in Gweru on Sunday.

Anglo-American invested $350 million at Unki Mine and the platinum giant has been operational since 2011 producing 120 000 tonnes of ore per month.

In 2012, the mine produced 1,54 million tonnes of ore.
Unki Mine Suspends Expansion


All the coming events in and around Gweru
A list of businesses operating in Gweru