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HARARE Black Jared Goff Jersey , Sept. 16 (Xinhua) -- Top Zimbabwean and Russian officials on Tuesday launched a joint venture platinum mine that will start producing platinum in 2017 with ultimate investment mounting to 4.8 billion U.S. dollars.

Located 70 km west of Harare, the 6,500-hectare Darwendale platinum mine is billed to become Zimbabwe's biggest platinum mine when partial development is reached in 2021 with projected annual production of 530,000 ounces, officials said.

Zimbabwe, which holds the second largest platinum reserves in the world after South Africa, is currently producing 430 Black Samson Ebukam Jersey ,000 ounces of platinum annually from three mines which are Zimplats, Unki and Mimosa.

The Darwendale mine is owned by a consortium of Zimbabwean investors operating under the name Pen East and Russian investors including VI Holdings, Rostec and Vnesheconombank. Zimbabwean President Robert Mugabe and visiting Russian Foreign Minister Sergei Lavrov attended the launch ceremony.

Speaking at the launch, Hesphina Rukato, the chairperson of the mining group -- Great Dyke Investments -- said the mine will be developed in three phases, with the first phase running from 2014 to 2017 entailing exploration, infrastructure development and commissioning of mining facilities.

The second phase from 2018 to 2021 will entail the establishment of a new mine and expansion of concentration capacity to produce 530 Black Josh Reynolds Jersey ,000 ounces of platinum per year. The third and full development phase will run from 2022 to 2024 and will see the expansion of platinum production to 800,000 ounces per year.

Rukato said the cost of the project for mining and establishment of a smelter is 3 billion U.S. dollars but will rise to 4.8 billion U.S. dollars after the establishment of a refinery between 2022 and 2024. The mining project will create 2,000 jobs in the first phase and a minimum of 5,000 in each of the two other phases.

Rukato explained that exploration work for the project started in 2006 but was suspended after encountering financial difficulties. New investors who came in 2013 resuscitated the project.

Speaking at the same occasion, Zimbabwean Mines Minister Walter Chidhakwa said the project will start adding 250,000 ounces to Zimbabwe's total platinum production in 2017.

He said with four more platinum concessions, Zimbabwe could easily reach 1 million platinum ounces per year in the next five years if these four were fully developed.

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Romania scrapped Sunday a contentious corruption decree in a climbdown after the biggest mass demonstrations since 1989 Black John Johnson Jersey , but protesters kept up pressure by taking to the streets for a sixth straight day.

As thousands of people gathered in Bucharest and elsewhere, the government announced it had approved a repeal of the decree that would have decriminalized certain corruption offences.

This fulfilled the promise made late on Saturday by a pale and tired-looking Prime Minister Sorin Grindeanu after a fifth day of demonstrations that were the largest since the ouster of communist dictator Nicolae Ceausescu in 1989.

But the announcement didn't stop demonstrators gathering again on Sunday to make it clear to Grindeanu and his left-wing government, which has been in office only a month, that they were on thin ice and that corruption must be rooted out.

""I hope that this is a real repeal... We are going to keep an eye on them to make sure we are not being had,"" said protester Daniel, 35.

""Today we are going to break new records,"" electrician Florian Black Cooper Kupp Jersey , 40, told AFP in Bucharest, distributing free pretzels and tea at Victory Square, the epicenter of this week's protests.

By midafternoon, around a thousand people could be seen gathering in the square and the crowd was expected to swell later with buses arriving from outside the capital.

Again they brandished placards, chanted and blew whistles and plastic vuvuzela horns in the national colors of blue, yellow and red. Later in the evening they were all to sing the national anthem.

The decree Black Gerald Everett Jersey , passed Tuesday and due to enter into force on February 10, was to make abuse of power a crime only punishable by jail if the sums involved exceeded 200,000 lei ($47,500).

The government also wants in a separate decree to be reviewed by parliament next week to free some 2,500 people from prison serving sentences of less than five years.

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BEIJING, May 5 (Xinhua) -- A book to provide a better understanding of China's Belt and Road Initiative was published in 14 languages by the New World Press on Friday, according to the publisher.

Jointly compiled and edited by the China International Publishing Group (CIPG) Black Todd Gurley II Jersey , the China Academy of Translation and the Translators Association of China, the book covers the main objectives and key projects of the initiative and serves as a reference for people overseas.

It is available in 14 languages including Arabic, English, French, Indonesian, Japanese, Kazak Black Aaron Donald Jersey , Russian, Spanish and Vietnamese, said Wang Gangyi, deputy director of CIPG.

The book is part of the multilingual book series "Keywords to Understand China," which offers introductions on China's politics, economy, culture and society.

(Source: Xinhua)

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