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(单词翻译:双击或拖选)
HARARE, Sept. 16 (Xinhua) -- Top Zimbabwean and Russian officials on Tuesday launched a joint1 venture platinum2 mine that will start producing platinum in 2017 with ultimate investment mounting to 4.8 billion U.S. dollars.
Located 70 km west of Harare, the 6,500-hectare Darwendale platinum mine is billed to become Zimbabwe's biggest platinum mine when partial development is reached in 2021 with projected annual production of 530,000 ounces, officials said.
Zimbabwe, which holds the second largest platinum reserves in the world after South Africa, is currently producing 430,000 ounces of platinum annually3 from three mines which are Zimplats, Unki and Mimosa.
Zimbabwe, Russia platinum investment to hit 4.8 bln USD
The Darwendale mine is owned by a consortium of Zimbabwean investors4 operating under the name Pen East and Russian investors including VI Holdings, Rostec and Vnesheconombank. Zimbabwean President Robert Mugabe and visiting Russian Foreign Minister Sergei Lavrov attended the launch ceremony.
Speaking at the launch, Hesphina Rukato, the chairperson of the mining group -- Great Dyke5 Investments -- said the mine will be developed in three phases, with the first phase running from 2014 to 2017 entailing7 exploration, infrastructure8 development and commissioning of mining facilities.
The second phase from 2018 to 2021 will entail6 the establishment of a new mine and expansion of concentration capacity to produce 530,000 ounces of platinum per year. The third and full development phase will run from 2022 to 2024 and will see the expansion of platinum production to 800,000 ounces per year.
Rukato said the cost of the project for mining and establishment of a smelter is 3 billion U.S. dollars but will rise to 4.8 billion U.S. dollars after the establishment of a refinery9 between 2022 and 2024. The mining project will create 2,000 jobs in the first phase and a minimum of 5,000 in each of the two other phases.
Rukato explained that exploration work for the project started in 2006 but was suspended after encountering financial difficulties. New investors who came in 2013 resuscitated10 the project.
Speaking at the same occasion, Zimbabwean Mines Minister Walter Chidhakwa said the project will start adding 250,000 ounces to Zimbabwe's total platinum production in 2017.
He said with four more platinum concessions11, Zimbabwe could easily reach 1 million platinum ounces per year in the next five years if these four were fully12 developed.
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1 joint | |
adj.联合的,共同的;n.关节,接合处;v.连接,贴合 | |
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2 platinum | |
n.白金 | |
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3 annually | |
adv.一年一次,每年 | |
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4 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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5 dyke | |
n.堤,水坝,排水沟 | |
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6 entail | |
vt.使承担,使成为必要,需要 | |
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7 entailing | |
使…成为必要( entail的现在分词 ); 需要; 限定继承; 使必需 | |
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8 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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9 refinery | |
n.精炼厂,提炼厂 | |
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10 resuscitated | |
v.使(某人或某物)恢复知觉,苏醒( resuscitate的过去式和过去分词 ) | |
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11 concessions | |
n.(尤指由政府或雇主给予的)特许权( concession的名词复数 );承认;减价;(在某地的)特许经营权 | |
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12 fully | |
adv.完全地,全部地,彻底地;充分地 | |
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