Our Operations

GOLD OPERATIONS

Operating Gold Mines

Jena Mines

Jena Mines, an operational underground mine situated in the scenic Silobela region of Zimbabwe within the Bubi/Bulawayan Greenstone Belt, encapsulates a rich mining history dating back to 1898. Over the years, the mine has evolved, and its historical production, initially on a high-grade low volume basis from various shallow vertical shafts, has contributed to the mining legacy of the region.

The Jena Mines deposit is characterized by narrow veins, ranging between 2-5m, with occasional wider pods of up to 20m. The primary mining method employed is underhand/overhand open stope benching, complemented by limited breast-stoping techniques. This nuanced approach reflects the mine’s commitment to efficient extraction while preserving the geological integrity of the deposit.

As Jena Mines looks towards the future, a two-year drilled reserve is currently identified in the existing underground workings. To unlock the full potential of this resource, a robust exploration and development program is planned. This initiative is expected to not only ramp up production to 30kg of gold per month in the short term but also extend the mine’s life to five years.

Jena Mines

Shamva Mine

Shamva Mine stands as a venerable operating mine, nestled in the Harare Mining District,  90 kilometers northeast of Harare, Zimbabwe. With a rich history dating back to 1893, this mining enterprise has been a stalwart contributor to the region’s mineral wealth. Over the years, Shamva Mining Company has yielded an impressive 2.3 million ounces of gold from the processing of 28.5 million tons of ore, showcasing its enduring commitment to resource extraction.

Strategically positioned on the North Eastern tip of the Harare–Bindura-Shamva Greenstone Belt, Shamva Mining Company taps into the geological richness of the region. The mine’s success is underpinned by the exploitation of numerous orebodies nestled within a 300-400m shear system, a testament to the meticulous exploration and operational prowess of the mining team.

Operating at a recovery grade of approximately 2.5g/t gold, Shamva Mine has consistently demonstrated its ability to extract precious metals with efficiency and precision.

Shamva Mine

Freda Rebecca Gold Mine

Freda Rebecca Gold Mine (FRGM), situated in the heart of the Shamva/Harare Greenstone Belt in Bindura, Zimbabwe, stands as a testament to two decades of operational excellence. Operating both as an opencast and underground mine, FRGM has been a consistent low-grade, high-volume producer, carving its niche in the mining landscape.

With a 20-year production history, FRGM has been a stalwart in the gold mining sector. The mine’s strategic location within the Shamva/Harare Greenstone Belt has played a pivotal role in its success. Employing advanced mining techniques, FRGM efficiently extracts gold from its deposits through a combination of opencast and underground operations.

Notably, FRGM boasts an impressive monthly gold production of 260 kilograms, solidifying its position as a major contributor to the gold production landscape.

Freda Rebecca Gold Mine

Gold Mines

NICKEL OPERATIONS

Bindura Nickel Corporation

Bindura Nickel Corporation (BNC) is a prominent entity listed on the Victoria Falls Stock Exchange, with its operational epicenter situated in Bindura, Zimbabwe. Boasting a dedicated workforce of 1200 professionals, BNC is a pivotal player in the mining industry, specializing in the extraction and processing of Nickel ore.

At the heart of BNC’s strategic initiatives is the ambitious re-deepening project, a cornerstone endeavor poised to extend the Life of Mine (LOM) to an impressive seven years. This transformative undertaking not only promises an elongated operational horizon but also foresees a substantial uptick in production volumes coupled with a commendable reduction in costs.

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Bindura Nickel Corporation

LITHIUM OPERATIONS

Sandawana Mines

Sandawana Mines, operating as an open-cast mine while actively pursuing exploration initiatives, has got vast Lithium deposits across a landscape of 21km in the Mberengwa district of Zimbabwe. Previously an Emerald Mine, Sandawana Mines ( a subsidiary of Kuvimba Mining House) commenced Lithium mining in January 2023 and has achieved a significant milestone. With a robust mining effort, the mine has successfully extracted and stockpiled over 1,000,000 tonnes of high-quality ore within 10 months. This impressive accumulation carries a market value of approximately US$126 million in international markets, reflecting both the scale of the operations and the substantial economic potential inherent in our ore reserves. As the mine continues to advance in exploration activities, it is poised for sustained growth and continued contribution to the global minerals market.

Sandawana Mines

CHROME OPERATIONS

Zimbabwe Alloys Limited

Zimbabwe Alloys Ltd (ZAL) carries a legacy steeped in history, tracing its origins back to 1949 when it was founded by a consortium led by the John Brown Group. The company’s journey underwent significant transitions, and in 1965, Zimbabwe Alloys Ltd found itself under the stewardship of the Anglo American Corporation (AMC), marking a pivotal chapter in its development. Zimbabwe Alloys Ltd holds a unique place in the industrial landscape as the first company in Africa to establish a ferrochrome plant. Over the years, it has solidified its reputation as a major producer of high-carbon ferrochromium, contributing significantly to the metallurgical and industrial sectors.

As the torchbearer of a storied legacy, Zimbabwe Alloys Ltd continues to play a pivotal role in the ferrochrome industry. The collaboration between local and foreign investors underscores the global significance of its operations. With a blend of historical significance and a forward-looking approach, Zimbabwe Alloys Ltd stands poised to navigate the challenges and opportunities in the dynamic landscape of ferrochrome production.

Zimbabwe Alloys Limited

PLATINUM OPERATIONS

Great Dyke Investments

Great Dyke Investments (Pvt) Limited, a legally registered entity in the Republic of Zimbabwe, holds the distinction of being the sole proprietor of the Darwendale Platinum Group Metals project (“Darwendale”). The Darwendale Project, under the stewardship of Great Dyke Investments, represents a significant stride in Zimbabwe’s mineral exploration and mining sector. With 100% ownership of this venture, the company is positioned as a key player in the global PGM market. The vast mineralization potential within the Great Dyke presents an opportunity for substantial resource extraction, contributing to the broader narrative of Zimbabwe’s mineral wealth. The Darwendale Project aspires to make a meaningful impact in the production of Platinum Group Metals. This strategic positioning and the scale of the Great Dyke mineralization underscore the project’s potential to become a major player in the global PGM market, fostering economic growth and technological advancement in Zimbabwe.

Great Dyke Investments