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Home » Kuvimba plans US$60m capex on its gold mines
Companies & Markets

Kuvimba plans US$60m capex on its gold mines

written by Kudzanai Gerede, Companies and Market Editor 0 comments
Despite the progress, the Chamber of Mines warns that several headwinds persist.
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KUVIMBA Mining House (KMH) is set to spend US$60 million into its gold operations this year in a bold move expected to augment production and improve efficiency leveraging the global price boom to fund part of its ambitious plan. KHM’s gold cluster comprises Freda Rebecca Gold Mine (FRGM), Shamva Mine, and Jena Mines.Last year, the…

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