Freda ramps up gold production

KUVIMBA Mining House (KMH) subsidiary, Freda Rebecca Gold Mine (Freda) produced 603 kilogrammes of gold in the first three months of its current financial year, up 2% on the prior period, despite losing many hours of production due to power cuts. 

The company’s financial year runs from April to March.

The government owns 65% of KMH, which in 2020 acquired Bindura-based Freda as part of a wave of mining asset purchases.

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