Kuvimba mining house annual report.
BNC to Kuvimba Mining House (Private) Limited.
Kuvimba mining house annual report Dec 20, 2024 · In 2024, adherence to ESG standards has become a defining feature of Zimbabwe’s mining sector. Freda Rebecca Gold Mine has consistently led the Kuvimba Gold Cluster, producing 2,280 kg of gold in FY2023, representing 69. 1 1964 1968 1971 2014 2019 2021 2008 1956 1966 1969 2003 2012 2015 2020 2022 8 Annual Report 2023 Creating Value in a Sustainable Manner A MEMBER OF KUVIMBA MINING HOUSE Bindura Nickel Corporation Limited 9 OVERVIEW Gazetted 29-11-2024. 2 billion in annual forex receipts. 2 2021 ANNUAL REPORT ANNUAL REPORT CONTENTS CORPORATE OVERVIEW Vision and Mission Statement 4 Values Statement 5 Our Journey 6-7 Our Business at a Glance 8-9 Mining Value Chain 10-11 PERFORMANCE HIGHLIGHTS Financial Performance 12 Operational Performance 13 Sustainability Performance 13 RISK MANAGEMENT Risk Management Framework 45-47 Kuvimba Mining House. The document outlines the operational details, production capacities, and future plans for these mines. The mining sector accounts for more than 60% of Zimbabwe’s exports, contributing just over 16% to the national GDP. Its flagship operations, Freda Rebecca and Shamva Gold Mines, produced a combined total of 1,316 kilograms (kg) of gold during the first five months of FY2025, which began in April 2024. May 23, 2025 · 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. This nuanced approach reflects the mine’s commitment to efficient extraction while preserving the geological integrity of the deposit. Powered By EmbedPress. Kuvimba Mining House has entered a $310m deal with an international consortium comprising British and Chinese investors to build a three million tonnes (t) per year ore processing plant, reported Reuters With a diverse portfolio that includes approximately 29 parastatals and private investment firms, Mutapa Investment Fund plays a crucial role in the nation’s economic landscape, prominently featuring Kuvimba Mining House, one of Zimbabwe’s leading mining investment companies. Kuvimba Mining House operates several mining assets in Zimbabwe, focusing on chrome, gold, nickel, and energy minerals. BNC lists on the Victoria Falls Stock Exchange. 1 A MEMBER OF KUVIMBA MINING HOUSE Bindura Nickel Corporation Limited ABOUT THIS REPORT Bindura Nickel Corporation Limited, a company listed on the Victoria Falls Stock Exchange (VFEX) since 2021 and on the Zimbabwe Stock Exchange (ZSE) from 1971 to 2021, is pleased to present its annual report for the year ended 31 March 2022. 1% of the cluster’s total output. Kamativi Mining Company and Freda Rebecca Gold Mine are also working towards standardized ESG reporting, setting benchmarks for other firms. BNC is a member of Kuvimba Mining House. Sandawana Mines (Private) Limited (“Sandawana”) is a lithium mining company which is a subsidiary of Kuvimba Mining House (Private) Limited (“Kuvimba”). During the period from April 2020 to June 2024, the mine produced a total of 108,782. We are a leading Mining Investment Company working to create and harness national wealth for Zimbabweans through; global resources mobilisation, technical capacitation of incapacitated mining companies and we also mine a broad range of minerals in three categories: Jul 19, 2024 · Zimbabwe exports unrefined lithium concentrates primarily to China. Mutapa Investment Fund-owned Kuvimba Mining House (KMH) has consistently maintained a strong presence in Zimbabwe’s gold mining sector. Companies like Kuvimba Mining House are introducing a gold traceability system to ensure ethical sourcing. By Rudairo Mapuranga Sep 13, 2024 · Kuvimba Mining House (KMH)-owned Zimbabwe Alloys (ZimAlloys) has reasserted itself as a leading alloy producer in Zimbabwe, with plans to become one of the largest high-carbon ferrochrome producers in the country, Mining Zimbabwe can report. Dec 2, 2024 · Kuvimba Mining House. Developed by Kundahost. IT is hereby notified by the Chief Executive Officer of the Mutapa Investment Fund, that the persons specified in Schedule 1 have been appointed as members of Kuvimba Mining House (Private) Limited Board for a period of four (4) years with effect from the 1st of October, 2024. More Details. This report Mar 31, 2022 · ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022. Kuvimba Mining House acquired Shamva Mine in 2020 and recommenced production. By Rudairo Mapuranga. BNC to Kuvimba Mining House (Private) Limited. By Rudairo Mapuranga ZimAlloys Managing Director Deric Dube confirmed that the company has commissioned its first smelter, the M1 smelter, […] Mining Operations The primary mining method employed is underhand/overhand open stope benching, complemented by limited breast-stoping techniques. Continue Reading. With a robust mining effort, the mine has successfully extracted and stockpiled over 1,000,000 tonnes of high-quality ore within 10 months. This impressive accumulation carries a market value of approximately US$126 Mar 18, 2025 · Contributing over 68% to Kuvimba’s total output, FRGM remains critical to the group’s overall success, Mining Zimbabwe can report. 74 ounces under Kuvimba Mining House’s management. Gold is the country’s chief export product, contributing more than 34% to export earnings, and accounting for nearly US $1. Credit: Adwo/Shutterstock. Sandawana has exclusive and unencumbered mining rights in Mberengwa covering an area of 3,882 hectares. (VFEX). Key gold operations include Freda Rebecca Gold Mine, Shamva Mining Company, and Jena Mines, each contributing significantly to local employment and development. The mine produced 119,244 ounces of gold from 2013 until it was placed under care and maintenance in 2019. 1 1964 1968 1971 2014 2019 2021 2008 1956 1966 1969 2003 2012 2015 2020 2022 8 Annual Report 2023 Creating Value in a Sustainable Manner A MEMBER OF KUVIMBA MINING HOUSE Bindura Nickel Corporation Limited 9 OVERVIEW subsidiary of Kuvimba Mining House) commenced Lithium mining in January 2023 and has achieved a signicant milestone. sbibmhxortrphmekqncsjdtrrblfiiudzyxkuhsusrewmsjhljhwo