12 °c
London
Tuesday, May 30, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Hwange of Zimbabwe coal output to surge on underground mining

FurtherAfrica by FurtherAfrica
July 2, 2018
in Africa, Coal, Commodities, Mining, Natural Resources, Zimbabwe
Reading Time: 1 min read
888 18
0
Mustang’s share rise on high-grade Mozambique graphite discovery
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Hwange Colliery Co. expects to boost underground coal production five-fold this month when it restarts operations after a two-year hiatus, a company official said.

The resumption will help the loss-making company tap more lucrative deposits of coking coal, used to make steel, as it seeks to report its first profit since 2012. Zimbabwean miners who produced 2 million tons of coal last year are targeting 10 million tons of output in two years, which would enable them to begin exporting the fuel.

Underground mining will restart at Hwange once remaining pieces of equipment have been delivered, acting Managing Director Shepard Manamike said in an interview Monday in the capital, Harare. Operations were halted in 2016 when a machine known as a continuous miner broke down.

“We will now be ramping up production to 50,000 tons a month from 10,000 tons, which we were producing in December, as we are now resuming underground mining,” Manamike said. “The resumption of underground mining will cost $5 million in capital equipment.”

Zimbabwe has five coal-mining companies that supply coal to state-owned Zimbabwe Power Co., which requires 240,000 tons of the fuel a month. Hwange produced232,000 tons of coal from opencast operations in the first quarter, more than double the amount a year earlier.

Source: Bloomberg

Related

Tags: CoalFeatureHwange Colliery Co.Miningunderground miningzimbabweзимбабвеزيمبابويジンバブエ津巴布韦
ScanSendShare362Tweet227Share63Pin82Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

TECH – Coding Algorithms in MT4: Understanding MQL 4
Tech

TECH – Coding Algorithms in MT4: Understanding MQL 4

by FurtherAfrica
May 29, 2023
BP production in Angola is in decline since 2017
Energy

New oil companies entering Angola’s oil market

by FurtherAfrica
May 29, 2023
Agriculture

Mozambique is among the world’s largest tobacco producers

by 360 Mozambique
May 29, 2023
Business

Emirates Etisalat keen to enter Ethiopian market

by FurtherAfrica
May 29, 2023
Three unmissable experiences in Namibia for your bucket list
Travel

Tourism recovers in Nambia ahead of peak season

by FurtherAfrica
May 29, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

TECH – Coding Algorithms in MT4: Understanding MQL 4
Tech

TECH – Coding Algorithms in MT4: Understanding MQL 4

by FurtherAfrica
May 29, 2023
0

In the world of automated trading, MetaQuotes Language 4 (MQL 4) is a widely used programming language for developing algorithmic...

Read more
BP production in Angola is in decline since 2017

New oil companies entering Angola’s oil market

May 29, 2023

Mozambique is among the world’s largest tobacco producers

May 29, 2023

Emirates Etisalat keen to enter Ethiopian market

May 29, 2023
Three unmissable experiences in Namibia for your bucket list

Tourism recovers in Nambia ahead of peak season

May 29, 2023

FurtherAfrica Partners Network

The Exchange Farmers Review Africa 360 Mozambique
TechGist Africa Energy Capital & Power Club of Mozambique
Taarifa Rwanda Web3Africa See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa  

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 107,187 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?