Edwin Moyo
Harare- Government controlled enterprise under the Mutapa Investment Fund (MIF), Kuvimba Mining House (KMH) has expressed its commitment to value addition of the vast minerals under its companies for the benefit of the mining industry and the nation at large.
KMH has lithium mining operations at the Sandawana Mine in the Midlands Province, Jena Mine, Shamva Mine, and Freda Rebecca Gold Mine, making it the largest gold producer in the country.
Confirming the development during an interview with The Midweek Watch last week, KMH acting chief executive officer, Trevor Barnard said the move was focused on extending the life span of mine operations
“As Kuvimba we aim to ensure a long mine life at all our operations by prioritizing extensive exploration efforts. The strategy involves not just exporting raw materials but also enhancing their value through beneficiation processes.
“On the beneficiation side, our goal is to add value to all the products we export. We aim to beneficiate further and export value-added products,” Bernard said.
Barnard further highlighted that plans for beneficiation were expected to generate an annual turnover of US$4.5 billion
“With Sandawana Mines having high-grade lithium deposits, the plans for a beneficiation plant are expected to generate an annual turnover of US$4.5 billion.” he added.
Meanwhile KMH has also launched a US$50 million exploration campaign at Sandawana, targeting an increased 30 million tonnes of lithium ore as the company holds the largest reserves in the country.
