Tafadzwa Nyikadzino

Kuvimba Mining House (KMH) gold cluster produced a record 3.6 tonnes of gold, which generated nearly US$300 million in revenue in the year ending March 2025.

Addressing journalists and partners on Wednesday, KMH Head of Gold Cluster, Patrick Maseva-Shayawabaya said the impressive performance was driven by a combination of strong gold prices in the global markets, and efficient operations at the Mine.

“As the KMH gold cluster, we consider this an excellent performance. Whether we are the largest producer or not, we are pleased with the results, given the numerous challenges faced,” Shayawabaya said.

He revealed that the company made US69 million profit before tax, up from US1.4 million in the previous year. The company’s gold cluster is made up of Freda Rebecca Gold Mine, Shamva Gold Mine, and Jena Mines.

“Freda Rebecca Gold Mine produced an average monthly output of 205kgs while Shamva Gold Mine produced between 65 to 70kg. Jena Mine produced a monthly average of 30kg. All together, our gold cluster produced an average monthly output of 300kg” said Shayawabaya.

He said the company will set aside US$ 350 000 to fund its corporate social responsibility programs, which will focus on health, education, and youth and community development.