Today, His Excellency President Emmerson Dambudzo Mnangagwa is commissioning Pickstone Peerless Underground Mining Project.
The Mine is owned by Dallaglio, a mining unit of Padenga Holdings Pvt Ltd. Dallaglio, who is confident of great expansion in the coming years.
The mine employes a total of 1082 employees consisting of 26 graduate trainees, students and apprentices and 68% of their labour force is below 40 years of age. In terms of employment creation, 530 new jobs have been created.
Pickstone underground project will contribute significantly to increase of revenue and foreign currency inflow in the economy and contributing towards a USD 12 billion mining industry in line with President Mnangagwa’s vision 2030 towards a prosperous upper middle income nation by 2030.
On Friday, President Mnangagwa heads to Kamativi near Hwange to commission the reopening of the mine, which was reduced to a ghost town following the closure of its tin mining operations in 1994, resulting in the loss of jobs for about 3 000 people.
Commissioning of mines is a show of confidence in the Government’s investment policy, particularly the ease of doing business.
Source Newsreportzim.com
