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Kuvimba Needs US$950 Million to Fund Operations, CEO Reveals at Gold Symposium
Kuvimba Mining House CEO Trevor Barnard has revealed that the diversified, Mutapa Investment Fund-owned mining giant requires approximately US$950 million to bring its full portfolio of mining operations to optimal production capacity, Mining Zimbabwe can report.
By...
Kuvimba Gold Cluster Embarks on $7 Million Exploration Programme to Extend Mine Life
In a strategic move aimed at unlocking Zimbabwe’s gold potential, Kuvimba Mining House’s Gold Cluster, the biggest gold miner in the country, has launched an extensive exploration programme set to significantly extend the life of its...
Mutapa Breaks Silence: No Cash Lost in $1.9 Billion Kuvimba Deal!
Zimbabwe’s sovereign wealth vehicle, the Mutapa Investment Fund (MIF), has stepped forward to clarify growing speculation surrounding the US$1.9 billion worth of Treasury Bonds used to acquire a 35% stake in Kuvimba Mining House (KMH), stating...
Mining Revenue Generation Goes Beyond 3% Royalties
The mining sector in Zimbabwe is often misrepresented in public discourse, particularly when discussing its contribution to government revenue. While official figures from the Zimbabwe Revenue Authority (ZIMRA) indicate that mining royalties contribute just 3% of...
Kuvimba Plants 10,000 Trees in Sustainability Drive
Kuvimba Mining House (KMH), Zimbabwe’s leading gold producer, has officially launched its annual sustainability campaign titled "Restoring Nature, Securing Tomorrow," with a key focus on environmental stewardship and reforestation.By Rudairo MapurangaAs part of this initiative, the...
World Bank Flags Fiscal Dangers Linked to Mutapa’s Influence
The World Bank has raised concerns over Zimbabwe’s financial stability, highlighting risks associated with the country’s state-owned enterprises (SOEs) and the recently established Mutapa Investment Fund (MIF).
By Ryan Chigoche
The fund controls all state-owned enterprises, including key...
Zimbabwe Mining in 2024 – a quick overview
The mining sector remains the backbone of Zimbabwe's economy, contributing significantly to GDP and export revenues.By Rudairo MapurangaIn 2024, the Zimbabwe mining sector solidified its position as the most crucial industry, accounting for approximately 12% of...
Interview – Eng. Gift Mapakame, General Manager Shamva Mine
Gift Mapakame is an accomplished leader in Zimbabwe's gold mining sector. With over 14 years of experience—more than seven in senior management— Engineer Mapakame has played a significant role in transforming Shamva Gold Mine into one...
Mutapa announces new Kuvimba board
Mutapa Investment Fund-owned Kuvimba Mining House (Private) Limited (KMH) has announced the appointment of a new board, with Mr Justin H. Mupamhanga retaining Chairmanship, Mining Zimbabwe can report.By Rudairo MapurangaThe appointments, effective October 1, 2024, were...
AMMZ Elections: Engineer Abel Makura Re-elected as President for the 2024-25 Term
Engineer Abel Makura was re-elected as the President of the Association of Mine Managers of Zimbabwe (AMMZ) for the 2024-25 term. The election took place during this year’s AMMZ Annual General Meeting (AGM) held at the...
Blanket Mine Wins AMMZ SHE Award for Continual Improvement
Victoria Falls Stock Exchange-listed, gold-focused miner Caledonia Mining Corporation's Blanket Mine has been honored with the prestigious Continual Improvement Award at the Association of Mine Managers of Zimbabwe (AMMZ) Safety, Health, and Environmental (SHE) Awards, Mining...
Shava Wins Outstanding Public Sector Chairperson at CEO Network Awards 2024
Mining executive and startup project expert Mr Munashe Shava has been awarded the prestigious title of Outstanding Public Sector Chairperson of the Year at the 2024 Zimbabwe CEO Network Awards, Mining Zimbabwe can report.By Rudairo MapurangaThe...
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