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By Staff Reporter
KUVIMBA Mining House has injected US$6 million for an expansion drive for its Kwekwe-based gold operations at Jena Mine.
On completion the expansion is expected to ramp-up production from monthly 24kg of gold to 83kg – an increase of 330%, NewZimbabwe.com has gathered.
Kuvimba Mining House chief executive David Brown confirmed the development.
“Jena Mine a subsidiary of Kuvimba Mining House has a strategic plan to restructure itself to a mid-tier gold producer through organic growth phases over a two-year period,” he said.
“The organic growth will be achieved through the plant and underground mine expansion optimisation and exploration of the ore body to a depth of 500m.”
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