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Kuvimba Mining House–owned Shamva Mine has unveiled a US$7 million capital expenditure programme for the financial year ending March 2026 as it pushes to strengthen output and community impact. The investment is aimed at expanding production to 24,000 ounces of gold per year while reinforcing exploration and social development initiatives.
By Rudairo Mapuranga
The mine produced 6,000 ounces in the first quarter, slightly down from 6,200 ounces in the same period last year. Despite the marginal decline, management remains confident that a strong capital injection in the first half of the year will stabilise operations and support sustained growth.
“Our capital for the year is around US$7 million. We have deployed slightly above US$1.5 million to date,” General Manager Gift Mapakame said.
Exploration Drive and Expansion Plans
A significant US$1.8 million of the budget has been earmarked for exploration activities, covering both surface and underground drilling, now said to be at an advanced stage. Current mining operations extend to depths of around 650 metres, but long-term expansion is centred on the Shamva Hill Open Pit Project.
The company plans to transition from its present hybrid underground and open-pit operation to a fully open-pit mine, which management believes will enhance efficiency and production reliability.
Community Development Commitment
Beyond operations, Shamva has reinforced its role as a partner in local development. Over the past two years, the mine has invested more than US$500,000 in community projects.
Key initiatives include:
Infrastructure: Rehabilitation of the Shamva-Bindura Highway and upgrades to the Wadzanai Township sewer system.
Healthcare: Upgrading wards and the mortuary at Shamva District Hospital, while also deploying mobile clinics to improve healthcare access.
These projects reflect a strategy that links operational success with broader socio-economic progress in the host community.
Balancing Growth with Responsibility
As Shamva pursues its 24,000oz annual production target, the US$7 million capex allocation underscores its dual focus: securing production growth through exploration and expansion, while continuing to invest in local development.
By combining operational resilience with community impact, Shamva Gold Mine is positioning itself as both a leading gold producer and a driver of regional development under Kuvimba Mining House’s diversified portfolio.
