Shamva mine capitalizes on sky-high gold prices

SHAMVA Mine, a subsidiary of state-controlled Kuvimba Mining House (KMH) is riding on the soaring international gold prices to generate free cash flows to fund capital projects for expansion. International gold prices have increased by around 23 percent year-on-year to current highs of US$ 2 386 per ounce (oz) from averages of US$1 930/oz in…

Subscribe to read full article. Subscribe today

Related posts

TSL’s revenue surges to US$45,6 million

Gold companies to sustain momentum

Delta wants fiscal support levelled

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More