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Mining company suspends operations

    JOHANNESBURG

    Australia’s Delta Gold said on Thursday it was suspending mining operations at its Eureka site in Zimbabwe due to unsustainable losses caused by a deteriorating economy, mining sources told IRIN on Friday.

    An official of Zimbabwe’s Chamber of Mines said the closure of the open cast mine would lead to the loss of about 230 jobs. The official said mining operations will be suspended immediately, while the crushing operations will continue until July, after which the mine will be under care and maintenance until the end of September when it will be closed.
    The official said the shortage of foreign currency is making it difficult for mining companies to continue operating as they can’t pay for imported inputs as well as the escalating prices of diesel.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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