Hwange in bid to double output
Business Reporters HWANGE Colliery Company Limited has invited bids for the provision of contract mining services as the coal mining firm seeks to more than double production. Contract mining is engagement of a third-party miner by the holder of mineral rights to a mine. Under most contract mining agreements, the mineral rights holder is responsible for the permitting of the mine site.
The coal mining firm is currently producing about 200 000 tonnes of coal per month, but is targeting to achieve 300 000 tonnes after commissioning the new equipment and 500 000 tonnes as a result of additional capacity from contractors. In a tender notice, Hwange said prospective bidders should have capacity to mine a minimum of 800 000 bank cubic metres per month.... Read the full, comprehensive news article and discuss at The Herald