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:


Introducing the Pindula News Mobil App
Download from Google Play Store

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

 

 

Join WhatsApp & Telegram News Groups:

WhatsApp Group: https://chat.whatsapp.com/D4vbg5RLhkbFfVyMdu8rLi


Telegram Group: https://t.me/pindula

Back to top

Write a Comment

Your email address will not be published.


Share Full Post

Nyaradzo logo

RSS Recent Profiles Created

Satisfaction survey
How likely is it that you would recommend Pindula News to a friend or colleague?
SuggestionsHow can we improve?
You have already submitted your feedback. If you would like to add more feedback please write us on hello@pindula.com.
Rio Zim Gold Production Drops Because Of Power Cuts – Report