Kuvimba rakes in US$300m from gold…as hybrid model drives output to 3 605kg

802

KUVIMBA MINING HOUSE (Kuvimba) saw a 45 percent increase in gold revenue to US$297,2 million for the year ended March 31, 2025 buoyed by higher bullion prices and increased production under its successful hybrid mining model.The state-owned miner’s gold cluster — comprising Freda Rebecca, Shamva and Jena mines — produced 3,605kg of gold, with monthly…