Dube & Shandukani Ventures

Mining

Gold at Mazoe, chrome and lithium, on ground worked under agreement with the holder.

Minerals
  • Gold
  • Chrome
  • Lithium and lithium sulphate
District
Mazoe, Mashonaland Central
Distance
About 40 km north of Harare
Route to market
  • Fidelity Gold Refinery
  • Minerals Marketing Corporation of Zimbabwe

The company mines gold at Mazoe. It also mines chrome, which it beneficiates, and lithium, from which it produces lithium sulphate.

The wall of an open-pit working, cut back in benches, under a clouded sky
The wall of the working, cut back in benches.

The three minerals

The company works three minerals, and it works lithium twice. Gold is mined at Mazoe. Chrome is mined and beneficiated, and the chrome page sets out that work. Lithium is mined, and lithium sulphate is produced from the ore. Both lithium lines are also brokered on the trading desk. Gold leaves the country through Fidelity Gold Refinery, and chrome and lithium leave through the Minerals Marketing Corporation of Zimbabwe.

The Mazoe ground

Mazoe lies in Mashonaland Central, about 40 kilometres north of Harare. The district has produced gold since the 1890s, and the Jumbo Mine in the same district has produced over 1.4 million ounces to date. The district has road access, grid power within reach, a workforce with experience of the work, and a formal buyer close enough to keep haulage short.

Dube & Shandukani Ventures mines under agreement with the party that holds the claims, so the title sits with that party. A counterparty should ask to see that holder’s registration with the Ministry of Mines. The processing plant is partial, so some stages of the chain are installed and part of the material is processed in-house. Environmental approvals attach to a specific site, and the company obtains each one when the works require it.

Two ball mills on a concrete pad at a processing plant under construction, hills behind
Two ball mills on their pad, ahead of the rest of the circuit.
A jaw crusher on a steel stand beside a brick wall, with a generator and stacked steel pipe
The jaw crusher, ahead of the mills.

The partner’s share

You take a share of production against capital and plant, in that order. That is what this division offers. Completing the processing chain is the constraint, and it is a capital decision rather than a technical one.

Ground, figures and counterparties go to a partner under the non-disclosure agreement.

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