Rio Zim Gold Production Drops Because Of Power Cuts – Report

One of Midland’s gold giants has lamented the effects of load-shedding as gold production at their mine drops 8% Newsday reports. Rio Zim cited the power utility’s power cuts as the main reason for the drop in production.

Speaking to the publication, Rio Zim’ chairman Saleem Beebeejaun said:

As a direct result of these power cuts, the group recorded a decrease in production by 8% to 962kg from 1 050kg achieved in the comparative period in 2018. Power supply deficit remains a key risk in the second half of 2019. Even though the company is paying for uninterrupted power supply in United States dollars, the group has continued to experience intermittent load-shedding

Rio Zim last month announced their plan to construct 3 solar plants with a capacity to produce 178MW.

More: NewsDay



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