ஷம்வா தங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from ஷம்வா தங்கம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In ஷம்வா தங்கம் Today - Breaking & Trending Today
By Staff Reporter NEWLY established mining venture, Kuvimba Mining House, has laid out an ambitious plan and is targeting to produce up to 500 000 ounces of gold per year from its subsidiaries, which will help turn the fortunes of the gold sector. This was said by the group’s chief executive officer, David Brown. Kuvimba Mining House subsidiaries are, Freda Rebecca Gold Mine; Shamva Gold Mine and Jena Mine. The nickel operating mine is Trojan Nickel Mine trading under Bindura Nickel Corporation while the platinum asset is Darwendale Platinum project trading under Great Dyke Investments and the Chrome venture which is Zimbabwe Alloys Limited. ....
David Brown:Chairman:Coal of Africa 15/03/2013.pix Robert Tshabalala A new mining group, Kuvimba Mining House, in which government has 65 percent shareholding, has been launched amid expectations that the country will benefit more from the venture. Boasting of an asset portfolio of USD1.5 billion worth of minerals such as gold, nickel and chrome, Kuvimba Mining House, which was launched this Friday in Shamva alongside the re-commissioning of Shamva gold mine, is expected to be a game-changer towards achieving a middle-income economy by 2030. Receiving share certificates from Kuvimba mining House Chief Executive Officer, David Brown, Finance and Economic Development Minister, Professor Mthuli Ncube said the company will generate funds that will go towards achieving inter-generational equity. ....
SHAMVA – President Emmerson Mnangagwa on Friday officially reopened Shamva Gold Mine and was briefed on the mine’s target of 400kg of gold per annum before unveiling a plaque to signal the mine’s reopening. Speaking at the event, President Mnangagwa said the reopening of Shamva Gold mine followed resumption of operations after the formation of Kuvimba Mining House which has a 65 percent shareholding by Government. “Ndinofara kuona vanhu vese ava vanga vasisina mabasa kuti vava nebasa ravo (I am happy to see all these people who were without jobs, now employed),” he said. “It means every month, millions of dollars come to Shamva through salaries which is good for business as well as the development of the area.” ....