Zvishavane's Sabie Gold Mine which closed down in 2014 due to financial constraints is set to resume operations by July this year, after indications that an investor interested in resuscitating the mine has been found, TellZim News can reveal.
The mine's judicial manager Wesley Sibanda confirmed that operations will soon resume and salary arrears will be cleared when the mine resumes operations.
"We appreciate the efforts by the Deputy Minister of Mines, Freddy Moyo who secured an investor for us to resume operations at our mine which has been defunct for almost three years.
"We have already ordered all the equipment needed for the mine to start working. We have also contracted FC Platinum Holdings to help us with some repairs and with the progress on the ground so far, we will be good to go in three months' time," said Sibanda.
Sibanda added that they expect to pay all employees' outstanding salaries by the end of February 2017 should everything go according to plan.
Contacted for comment, Deputy Minister Moyo said he was happy that there was an investor willing to put money into the venture.
"I am very happy that an investor has pulled in to resuscitate the mine. We are very pleased at the employment prospects that have been created for the people of Zvishavane," said Moyo.
Moyo added that he will see to it that all administrative issues are urgently expedited so as to avoid any possible delays.
"I am also informed that there are issues that need to be resolved between the mine and ZMDC and I have since resolved to provide any necessary help so that there will be no delays in resuming operations," Moyo said.news