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Press Release: Great Dyke Investments secures partners for its Darwendale project in Zimbabwe
22 October, 2019

OCTOBER 21, 2019 – Great Dyke Investments (Pvt) Ltd is set to wrap up financing for its Darwendale platinum group metals project and bring it to construction phase from Q1 2020.

The Darwendale project assumes an integrated development of one of the world's largest untapped platinum group metal deposits in the Republic of Zimbabwe (the “Project”).

Darwendale project – c. $400 million to be invested at first stage of construction of mining and processing complex and of a smelter
12 March, 2018

The Russian - Zimbabwean Darwendale platinum deposit project, being implemented by Great Dyke Investments (PVT) ltd, has nearly finished selection of a general contractor for construction of a mining and processing plant. This plant along with a smelter will process up to 10 million tons of ore to eventually produce up to 855,000 ounces (appr.27 tons) of PGMs and gold per year.

Russian – Zimbabwean JV Great Dyke Investments (Pvt) Ltd (GDI) moves to the next stage of Darwendale deposit development
1 February, 2016

Great Dyke Investments (Pvt) Ltd (GDI), which implements the joint Russian – Zimbabwean Darwendale deposit development project, moves to the stage of design of the mining infrastructure for the Project. Large-scale geological exploration activities were successfully completed at the end of 2015. In total, 130,000 running meters (870 drill holes) were drilled, which made this Project the largest in terms of geological exploration in Zimbabwe for the past decades.

Large-Scale Geological Exploration Activities at Darwendale Deposit Continue
6 May, 2015

In accordance with the long-term strategy of the Darwendale Project implementation, which was approved earlier by the Board of Directors of Great Dyke Investments (Private) Limited, large-scale geological exploration works at the deposit commenced in January 2015. As of beginning of May more than 40,000 running meters have been drilled out of the total 300,000 running meters planned for drilling in 2015–2016.


Company Management

Since the new strong shareholder joined GDI, the Project management system was modernized and strengthened and a strong management and expert team formed.

Management of the company
Alex Ivanov
Alex Ivanov
Chief Executive Officer

Since October 2019.

Munashe Shava
Munashe Shava
Chief Operating Officer

Zimbabwe School of Mines. Diploma Mining Engineering, 1995

Governmentof Zimbabwe. Certificate Full Blasting Licence, 1996

Mr. Munashe has an extensive experience with African mining and consulting companies, such as Zimbabwe Platinum Mines, River Ranch Diamond Mine, HAMC (Noventa Ltd), Parrel Investments Pvt Ltd, Marange Resources, Apex Minerals. He occupied various positions, starting from mining engineer to CEO and General Manager. Last ten years he has been coordinating technical works on various projects, being responsible for full control, management and elaboration of the policy of securing uninterrupted operation of the mine, ensuring that safety, environment and health standards are maintained at all times.