Many miners are reportedly building their own power amid reports that the prolonged power crisis has resulted in them losing their production potential.
The <a href="https://www.pindula.co.zw/ZESA">Zimbabwe Electricity Supply Authority (ZESA)</a>, the local power utility, says it has applications for 2350MW of new connections, with most of them from mines, according to <a href="https://newzwire.live/as-zesa-fails-these-major-power-hungry-mining-investments-in-zimbabwe-are-bringing-their-own-energy/">newZWire</a>. 
Below are some of the solar projects going up in the mining industry.
<h2><a href="https://www.pindula.co.zw/Zimplats">Zimplats</a></h2>
<blockquote>
Zimplats has been granted licences to build two solar power plants at its Ngezi and at the Selous processing plant. Combined, Zimplats will invest US$201 million to generate 185MW of power. Zimplats has also recently partnered with DPA, the green energy arm of Cassava Smartech, to install rooftop solar at its offices at the new Bimha mine.
</blockquote>
<h2>Karo Mining</h2>
<blockquote>
Karo Mining has started building a new mine near Selous, investing US$391 million for development. Part of the project is a 300MW solar plant to supply the mine, which is expected to start production in 2024. 
</blockquote>
<h2>Caledonia Mining</h2>
<blockquote>
Blanket Mine has recently switched on its new 12MW solar plant. Construction of the solar plant started in 2021 after Caledonia raised US$13 million from a share sale. 
</blockquote>
<h2>Mimosa</h2>
<blockquote>
Mimosa Platinum plans to build a 38MW solar plant.
</blockquote>
<h2>Manhize</h2>
<blockquote>
Tsingshan, the world’s largest stainless steel company, is building a new steel plant at Manhize, in the Midlands which requires up to 500MW in the next two years – almost a third of today’s national consumption. Tshingshan plans to establish a 300MW power station at the site but still needs ZESA. 
</blockquote>
<h2><a href="https://www.pindula.co.zw/RioZim_Limited">RioZim</a></h2>
<blockquote>
RioEnergy, the RioZim energy arm, has been awarded licenses to install 180MW of solar power at the gold miner’s operations. The plan is to put up four separate solar parks of 45MW each at RioZim’s three gold mines – Renco Mine in Nyajena, Dalny Mine in Chakari, Cam and Motor Mine in Kadoma, and ​​also at the Murowa Diamonds Mine near Zvishavane.
</blockquote>
<h2><a href="https://zero.pindula.co.zw/">More Pindula News</a></h2>

Pindula News

Zimbabwe Miners Building Own Power Amid Prolonged Blackouts

Caledonia Mining Corporation PLC has brought its new solar power plant at its Blanket mine in Zimbabwe on stream.
Blanket currently receives its power from ZESA, but in recent years, the electricity supply has not been reliable and this has both economic and safety implications for the underground mine.
Caledonia started constructing the 12.2 MWac solar plant late in 2021.
The solar plant is now operational, and in due course, it is expected that it will provide approximately 27% of Blanket’s average daily electricity demand. Mark Learmonth, chief executive of Caledonia, said:
<blockquote>
I am delighted that the solar plant is connected to the Blanket grid and from today Blanket will start to receive some of its energy directly from solar.
With 21 per cent of Blanket’s on-mine costs relating to energy usage, this solar plant is a very important project for the company as it will improve the quality and security of Blanket’s electricity supply and provide environmental benefits through cleaner energy.
The solar power will displace more expensive power from the grid and from the diesel generators and is expected to reduce Caledonia’s consolidated cost per ounce of gold produced by approximately US$37.
</blockquote>
| <a href="https://www.proactiveinvestors.com/companies/news/998222/caledonia-mining-brings-new-solar-power-generation-capability-on-stream-at-the-blanket-gold-mine-998222.html">Proactive</a>

Caledonia Mining brings New Solar Power On Stream At Blanket Mine

Caledonia Mining Corporation PLC is considering listing on Zimbabwe’s Victoria Falls Stock Exchange (VFEX) before year-end.
The miner told investors it is considering a listing on the Victoria Falls Stock Exchange in Zimbabwe to reinforce its commitment to the country that hosts the Blanket gold mine.
Chief executive Steve Curtis said in a statement:
<blockquote>_I welcome the step towards a more liberal financial environment which is embodied in the proposed benefits attaching to a listing on the Victoria Falls Stock Exchange._</blockquote>
The company noted that having a listing in Zimbabwe will make it easier for Caledonia’s and Blanket’s employees to participate as shareholders.
It will come alongside a US$3mln equity raise with investors in Zimbabwe, to satisfy the requirements for local shareholder spread.
The company said the VFEX listing will be conditional on general market appetite and confirmation of the availability of the necessary mechanisms to benefit from a listing.
Benefits include improved payments in US dollars for gold produced at Blanket.
Zimbabwe’s Finance Minister, <a href="https://news.pindula.co.zw/2020/10/23/victoria-falls-stock-exchange-officially-launched/">Mthuli Ncube officially opened the Victoria Falls Stock Exchange in October 2020</a> thereby kickstarting the operationalisation of the Victoria Falls Special Economic Zone (VFSEZ).
Padenga Holdings Limited and CBZ are some of the companies that have so far expressed interest in listing on the United States Dollar denominated stock exchange.
More: <a href="http://www.proactiveinvestors.co.uk/companies/news/954464/caledonia-mining-mulls-listing-on-zimbabwe-s-victoria-falls-stock-exchange-954464.html">Proactive Investors</a>

Caledonia Plans Listing On Victoria Falls Stock Exchange

Caledonia Mining Corporation has posted   $1,8 million in profit after tax from for the 3 months up to September 30.  This is a 19% increase from the previous $1, 5 million and this is based on increased productivity as well as better commodity prices on the world market.
In a statement chief executive Steve Curtis said:
<blockquote>We continue to see the benefits of our investment in the mine over the past two years. As we approach the middle of the investment programme at Blanket, we are increasingly confident that the growth in production and declining cost trends will continue as we ramp up production to 80 000 ounces by 2021
Delivering increased ounces at a lower unit cost, into a stronger gold price, has resulted in adjusted earnings per share for the third quarter that are 59 per cent higher than quarter three of 2015.</blockquote>
More: <a href="http://source.co.zw/2016/11/caledonia-pat-up-19-pct-to-18-million-on-increased-production/" target="_blank">Source</a>

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