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Jena Mine Injects US$6m For Expansion - NewZimbabwe com

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.”

Mining house declares US$5 million dividend - Zimbabwe Situation

Mining house declares US$5 million dividend - Zimbabwe Situation
zimbabwesituation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zimbabwesituation.com Daily Mail and Mail on Sunday newspapers.

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