RE: By end of March25 Feb 2026 23:47
Having just done some more research on the electrification at RHA, I believe that it was never completed apparently it’s 70% complete as of 2019, then focus switched to Zulu
On the financing side, it was such a long time ago I couldn’t really remember the details here is AI’s response:
Yes — here’s the situation with that $6 million shortfall at RHA:
• Premier and its shareholders committed a total of about $20 million to fund the RHA project over several phases.
• The Zimbabwe government/partner was meant to contribute their 51% share, which should have been roughly $12 million.
• In reality, they only put in about $6 million, leaving a $6 million shortfall.
• This shortfall had to be absorbed entirely by Premier and its shareholders, which caused delays and underfunding of critical infrastructure, including electrification and underground work.
• That lack of full contribution is part of why Premier pivoted focus to Zulu, where they had full operational control and could fund the project without relying on a partner who was slow or unreliable.
So yes, the $6 million was promised but never materialised, leaving Premier to carry the cost alone.