MINING & RETAIL

Sabi Gold Mine targets increased production

The government owned Sabi Gold Mine is projecting a 58 percent rise in production this year following the injection of fresh capital by a new investor.The injection of fresh capital in the mine by a n...

By Staff rpeorter | Published: 01 April 2018
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MINING & RETAIL

Sabi Mine ramps up gold production

SABI Gold Mine in Zvishavane has ramped up production to 35kg per month on the back of capital injection from its new partner, Chandiwana Mining Corporation.The mining firm resumed operations last yea...

By Staff reporter | Published: 23 March 2018
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MINING & RETAIL

Sabi Mine to clear $27m debt

Zvishavane-based Sabi Gold Mine is implementing various strategies aimed at clearing its $27 million debt, which has accumulated since 2014. Sabi has since returned to profitability and has started pa...

By Staff reporter | Published: 21 February 2018
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MINING & RETAIL

Sabi targets 70kgs of gold per month

SABI Gold Mine plans to ramp up gold output to 70kgs per month, but only if it can access US$6 million from the Reserve Bank of Zimbabwe (RBZ), with which it seeks to purchase key consumables.The mine...

By Staff reporter | Published: 04 February 2018
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MINING & RETAIL

Sabi targets 25kg monthly gold output

ONE of the biggest gold mines in the Midlands Province, Sabi Gold Mine has set targets to produce an average of 25 kilogrammes of gold per month with effect from September with management expecting to...

By Staff reporter | Published: 30 July 2017
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