• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Zimbabwe: Freda Rebecca Records 311kg Gold Haul

Zimbabwe: Jena Mine Injects U.S.$6m for Expansion

July 20, 2021
Versatile Diesel Engines

Versatile Diesel Engines

September 29, 2023
Steinmüller Africa Won 2022 Arnot Company of the Year Award

Steinmüller Africa Won 2022 Arnot Company of the Year Award

September 27, 2023
advertisement
ADVERTISEMENT
Tata Steel and ABB Jointly Explore Technologies to Help Reduce Carbon Footprint of Steel Production

Tata Steel and ABB Jointly Explore Technologies to Help Reduce Carbon Footprint of Steel Production

September 14, 2023
Jet Demolition Safeguards Mines Against Illegal Mining with Shaft Capping

Jet Demolition Safeguards Mines Against Illegal Mining with Shaft Capping

September 14, 2023
Risk and Insurance in a Shifting Energy Market

Risk and Insurance in a Shifting Energy Market

September 11, 2023
Clarifying the Role of Breathalyser Results in Employee Dismissals

Clarifying the Role of Breathalyser Results in Employee Dismissals

September 11, 2023
Pushing Polymers Limits

Pushing Polymers Limits

September 11, 2023
Enabling Finance Boosts Sasolburg Mine

Enabling Finance Boosts Sasolburg Mine

September 11, 2023
WearCheck Expands Its Skilled Workforce  

WearCheck Expands Its Skilled Workforce  

September 11, 2023
Eriez® Empowers Growth in South Africa with Appointment of Morake Hlahane

Eriez® Empowers Growth in South Africa with Appointment of Morake Hlahane

September 11, 2023
Africa’s Mines and Factories Must Brace for AI and ‘Bots’

Africa’s Mines and Factories Must Brace for AI and ‘Bots’

September 8, 2023
Duferco, Vedanta Fund Long-Term Project into Novel Zinc Refining Process

Duferco, Vedanta Fund Long-Term Project into Novel Zinc Refining Process

September 6, 2023
  • African Mining Brief
  • Magazine Archive
  • Contacts
  • Media Kit
Sunday, October 1, 2023
African Mining Brief
No Result
View All Result
  • Login
  • Home
  • News
  • Events
  • Industry
  • People
  • Projects
  • Press Releases
  • Magazine Archive
MAGAZINE ARCHIVE
ADVERTISE
  • Home
  • News
  • Events
  • Industry
  • People
  • Projects
  • Press Releases
  • Magazine Archive
No Result
View All Result
African Mining Brief
No Result
View All Result
  • Home
  • News
  • Events
  • Industry
  • People
  • Projects
  • Press Releases
  • Magazine Archive
Home Uncategorized

Zimbabwe: Jena Mine Injects U.S.$6m for Expansion

by Dennis Ayemba
July 20, 2021
in Uncategorized
0
Zimbabwe: Freda Rebecca Records 311kg Gold Haul

Image: pmi-ltd.co.za

515
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Jena Mine, a Kwekwe-based branch of Kuvimba Mining House has injected US$6 million for expansion. This is according to Kuvimba Mining House chief executive David Brown, who confirmed the progression saying that upon completion, the expansion is anticipated to result in a gradual increase in gold production. The ramp-up is predicted to increase 330% from monthly 24kg of gold to 83kg.

“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,” the chief executive said.

According to him, the organic growth will be achieved through the plant and underground mine expansion optimization and exploration of the ore body to a depth of 500m.

Read: Zimbabwe: Unki Mines Invests U.S.$48m to Boost Plant Capacity

“The aim is to ramp up ore production from the current 8 000 tonnes per month to 30 000tonnes per month over the next 24 months. This translates to an increase in gold production from the current 25kg to 83kg per month, which equates to a 330% increase. The crushing, milling and leach plant capacity will simultaneously be upgraded to match the ore production ramp-up schedule,” Brown said.

He also stated that growth capital of close to US$6 million is required to execute the exploration programmes and to fund the expansion of the underground infrastructure, the shaft deepening plant expansion, and the extension of the tailings storage facilities.

The project started last May, and in June, Jena Mine was able to generate 31kg of gold indicative of positive progress, thanks to the expansion drive. The Mine has an able workforce of approximately 703 employees.

Kuvimba Mining House Group is owned and managed by the government in joint venture with a number of local investment firms such as Sovereign Wealth Fund of Zimbabwe, Public Service Pension Management Fund, Deposit Protection Corporation, Insurance and Pensions Commission, Datvest Nominees, and National Venture Capital Company of Zimbabwe.

Share206Tweet129
Dennis Ayemba

Dennis Ayemba

Jan - March 2023 Magazine

Versatile Diesel Engines

Versatile Diesel Engines

September 29, 2023
Steinmüller Africa Won 2022 Arnot Company of the Year Award

Steinmüller Africa Won 2022 Arnot Company of the Year Award

September 27, 2023
Tata Steel and ABB Jointly Explore Technologies to Help Reduce Carbon Footprint of Steel Production

Tata Steel and ABB Jointly Explore Technologies to Help Reduce Carbon Footprint of Steel Production

September 14, 2023

Trending News

  • Business Maverick Zunaid Moti Announces Departure from Moti Group

    Business Maverick Zunaid Moti Announces Departure from Moti Group

    1062 shares
    Share 425 Tweet 266
  • Scraper Winch

    736 shares
    Share 294 Tweet 184
  • Thyssenkrupp Uhde Expertise Extends the Life of Ammonia Tanks

    641 shares
    Share 256 Tweet 160
  • Slope Stability

    634 shares
    Share 254 Tweet 159
  • Underground Support Systems

    630 shares
    Share 252 Tweet 158
  • Another successful turnkey modular construction and transit solution from thyssenkrupp Uhde delivered to a key customer

    600 shares
    Share 240 Tweet 150
  • African Mining Brief
  • Magazine Archive
  • Contacts
  • Media Kit

© 2023 African Mining Brief I All Rights Reserved Powered by Clivo.

No Result
View All Result
  • Home
  • News
  • Events
  • Industry
  • People
  • Projects
  • Press Releases
  • Magazine Archive

© 2023 African Mining Brief I All Rights Reserved Powered by Clivo.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In