News / National
US$15m mine to open in Mutawatawa
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The construction of Zim Win Mine in Mutawatawa, Uzumba-Maramba-Pfungwe (UMP) district, is nearing completion, marking a significant step forward in Zimbabwe's rural industrialisation agenda.
Officials report that the gold mining project is 90% complete and is expected to be commissioned within the next two weeks. With an initial investment of approximately US$15 million, the mine is projected to produce at least 20 kilogrammes of gold per month during its first operational phase.
In addition to gold extraction, Zim Win Mine will run a processing plant aimed at supporting artisanal and small-scale miners in the region by providing access to modern processing facilities, thereby improving recovery rates and boosting incomes for local miners.
Mines and Mining Development deputy minister Polite Kambamura, during a site visit last Saturday, expressed optimism about the growing confidence of local investors in Zimbabwe's gold sector.
"A lot of investors are going for gold given the surge in prices. We have toured projects around the country and have seen more locals than foreigners investing. With US$15 million already committed here, we are optimistic about the potential for further growth," said Kambamura.
Zim Win Mine manager Shaun Murambidzi confirmed the mine's readiness to open soon.
"Our target is to produce 20 kilograms of gold monthly. The plant will also serve local miners for processing. We expect to employ around 200 workers directly. Once operational, Zim Win Mine is poised to transform the local economy through job creation and downstream business opportunities," Murambidzi said.
He added that the project aligns with government efforts to drive rural industrialisation by leveraging natural resources and decentralising economic activity.
Zimbabwe's mining sector remains a vital pillar of the national economy. In 2024, the country's gold output reached 36.5 tonnes, surpassing national targets, a feat attributed to increased investment and improved regulatory support.
The commissioning of Zim Win Mine is expected to further stimulate economic growth and employment in Mutawatawa and surrounding communities, contributing to the government's broader Vision 2030 development goals.
Officials report that the gold mining project is 90% complete and is expected to be commissioned within the next two weeks. With an initial investment of approximately US$15 million, the mine is projected to produce at least 20 kilogrammes of gold per month during its first operational phase.
In addition to gold extraction, Zim Win Mine will run a processing plant aimed at supporting artisanal and small-scale miners in the region by providing access to modern processing facilities, thereby improving recovery rates and boosting incomes for local miners.
Mines and Mining Development deputy minister Polite Kambamura, during a site visit last Saturday, expressed optimism about the growing confidence of local investors in Zimbabwe's gold sector.
"A lot of investors are going for gold given the surge in prices. We have toured projects around the country and have seen more locals than foreigners investing. With US$15 million already committed here, we are optimistic about the potential for further growth," said Kambamura.
Zim Win Mine manager Shaun Murambidzi confirmed the mine's readiness to open soon.
"Our target is to produce 20 kilograms of gold monthly. The plant will also serve local miners for processing. We expect to employ around 200 workers directly. Once operational, Zim Win Mine is poised to transform the local economy through job creation and downstream business opportunities," Murambidzi said.
He added that the project aligns with government efforts to drive rural industrialisation by leveraging natural resources and decentralising economic activity.
Zimbabwe's mining sector remains a vital pillar of the national economy. In 2024, the country's gold output reached 36.5 tonnes, surpassing national targets, a feat attributed to increased investment and improved regulatory support.
The commissioning of Zim Win Mine is expected to further stimulate economic growth and employment in Mutawatawa and surrounding communities, contributing to the government's broader Vision 2030 development goals.
Source - NewsDay
