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LOMATI MINE FULLY OPERATIONAL

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PIGG’S PEAK – Some workers of Lomati Mine will soon start getting a share in the profits of the establishment now that it has started producing gold. 


The Communications Officer at the mine, Maqhawe Nxumalo, said the management of the mine was in the process of setting up a structure that would see deserving full-time employees enjoying a share in the profits.


He said there would be a performance based system to determine those who would get the shares and how much.
At the moment, Lomati Mine has over 80 employees, and it runs three shifts over a 24-hour period.


Reward


“The plan is to create a working environment where we all have a stake, and where we apply ourselves knowing that we are building something that will benefit us beyond the usual pay cheque at the end of the month.  Management wants to reward the workers for all their hard work and loyalty with this offer,” Nxumalo said.


He said as the company had invested a lot in training its workers, the profit sharing incentive was also meant to ensure that the company retained its staff.
“In other companies worldwide, employees and Board members are sometimes offered company shares as compensation and as a bonus.
“ This cannot be done here currently because of the way in which the legislation is structured. The investor is discussing with the other shareholders to help move forward on this,” Nxumalo said.


Meanwhile, emaswati will be pleased to know that the gold deposits at Lomati Mine will be extracted over a period of 50 years.
The mine is located at the foot of Lufafa Mountain, along the Mlumati River.


This means that for the next 50 years, the mine will be consistently contributing to the growth of the economy of the country.
Nxumalo said surveys done on the area had found huge extractable deposits, and it was the intention of the company to mine them for the benefit of all, including the community around them and the country as a whole.


“We have been in operation for about a few years now but we are already contributing to the economy in the number of direct and indirect jobs that have been created.
“Apart from the people hired here, we also support numerous other local entities from which we source the materials we use in our mining process,” Nxumalo said.


He said they use 450 tonnes of cement per month and through that, they were creating jobs in the cement industry.
Nxumalo said they spend close to E1 million every month on the cement.


“At our peak, we will be using 3 000 tonnes of cement per month. Imagine how much of an impact that will make in that industry? That is just one industry, and there are others we support by sourcing other materials which go into the process,” he said.


Nxumalo also said the fact that gold was an international commodity meant that their successful mining operation presented a positive image of the country internationally.
Currently, the gold is sold to Dubai.

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