Deal to create 15 000 jobs Sergey Lavrov
Mr Sergey Lavrov

Mr Sergey Lavrov

Fungai Lupande Herald Reporter
The $3 billion Darwendale platinum mining project, a joint venture between Zimbabwe and Russia commissioned on Tuesday, is expected to create over 15 000 jobs in the next 10 years.
The project is the biggest Zimbabwe has entered into since independence and is expected to produce a million ounces of platinum annually.
Surrounding communities will provide labour, while small businesses will be contracted to supply materials.

The project will be run in three phases with the first stage, including exploration and infrastructure establishment from 2014 to 2017, creating 2 000 jobs.
The second phase, 2018 to 2021, will witness the construction and commissioning of two underground mines, creating an additional 5 000 jobs.

The third stage (2022 to 2024) will see additional mines being constructed, adding another 8 000 jobs.
Named Great Dyke Investments, the project is a joint venture between the Zimbabwe Mining Development Corporation and a Russian consortium made up of three corporations, including a bank.

The project was launched on Tuesday in the presence of President Mugabe, Cabinet ministers, diplomats, traditional leaders, legislators and Russian senior government officials and businesspersons.

Meanwhile, Russian Foreign Minister Mr Sergey Lavrov, who led the business delegation, left the country for Ethiopia on Wednesday.
Said Mr Lavrov at the Airport: “We want to thank Zimbabwe for supporting Russia’s stance in trying to bring peace in Ukraine.”

He was seen off at Harare International Airport by Foreign Affairs Minister Simbarashe Mumbengegwi, Finance and Economic Development Minister Patrick Chinamasa and other senior Government officials.

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