Zimbabwe's State Miner Seeks $150M Investment to Boost Gold Production at Shamva Zimbabwe’s state-controlled Kuvimba Mining House Ltd. is seeking $150 million in investment to expand its Shamva gold mine, aiming to increase production by 50%. The company, which is 65% owned by the state, has completed a feasibility study for a large-scale mine and processing plant and is now in talks with potential partners. This move is part of Zimbabwe’s broader strategy to acquire and develop mining assets within the country. Additionally, Kuvimba has implemented a new gold tracking system to enhance regulatory compliance both domestically and internationally, demonstrating a commitment to transparency and modernization in its operations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Global Air Travel in Turmoil as CrowdStrike Outage Continues READ MORE Historic $14M Digital Yuan Transaction for Gold Marks New Era in Cross-Border Trade READ MORE Tech Stocks Lead Market Plunge Amid Economic Uncertainty READ MORE Gold Market Shines During Spring Festival, Yet Slower Growth Expected Ahead READ MORE First ever filming of Singapore’s Gold Reserves in Super-Secret Gold Vault READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment