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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.

Large scale exploration work is underway at Darwendale
5 February, 2015

According to the long-term strategy of implementation of the Darwendale Project, which was approved earlier by the Board of Directors of Great Dyke Investments (Private) Limited, large-scale geological exploration activities commenced at the deposit on January 5, 2015.

Production infrastructure constructed at the Darwendale deposit site
1 August, 2014

Production infrastructure constructed at the Darwendale deposit site

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Large scale exploration work is underway at Darwendale

According to the long-term strategy of implementation of the Darwendale Project, which was approved earlier by the Board of Directors of Great Dyke Investments (Private) Limited, large-scale geological exploration activities commenced at the deposit on January 5, 2015. Total scope of drilling proposed for 2015-2016 exceeds 300,000 running meters, which makes it the largest project in terms of geological exploration work in Zimbabwe during the past decades. The above mentioned drilling meterage will enable the resources of the deposit to be classified into the Indicated category for mining operations to be performed during the period of more than 20 years. A consortium of Zimbabwean companies Tandamanzi and SMC take part in the exploration activities.

The Darwendale PGM Project is being implemented by Great Dyke Investments (Pvt) Ltd, a Russian-Zimbabwean JV on a parity basis between the Russian AO Afromet and the Zimbabwean Pen East (Private) Limited.

Darwendale deposit, with the mineral resource potential estimated at 40 million ounces (1,400 tonnes) of platinum group metals (PGM), is part of the Great Dyke in Zimbabwe and one of the world’s largest PGM deposits.

The Project development strategy implies a phased approach to construction of a 10 Mtpa ore mining and processing complex, as well as construction of a smelting facility in order to achieve the converter matte (finished product) annual production capacity at the level of up to 800,000 (25 tonnes) of platinum group metals.