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CHROME GOLD NICKEL ENERGY MINERALS

Zimbabwe Alloys Limited Jena Mines (Pvt) Ltd Freda Rebecca Holdings Elvington Mine (Pvt) Ltd Bindura Nickel Corporation Sandawana Mines
(ZAL) (Pvt) Ltd Limited (Pvt) Ltd

Zimbabwe Alloys Mines Ltd Freda Rebecca Gold Mine Bio Metallurgical
Trojan Nickel Mine Limited
(ZAML) Limited (FRGM) Zimbabwe (Pvt) Ltd

Zimbabwe Alloys Shamva Mining Company Homestake Mining and Hunters Road Nickel Mine
International (Pvt) Ltd (ZAI) (Pvt) Ltd Technical Services (Pvt) Ltd

Kwekwe Consolidated (Pvt)

JM Alloys (Pvt) Ltd (JMA) Bindura Smelter & Refinery
Ltd

Zimbabwe Alloys Chrome

(Pvt) Ltd (ZAC)

ZAMS (Pvt) Ltd

GO L D OPERATIO N S

Operating Gold Mines

F R E DA R E B ECCA G O L D
MINE

Freda Rebecca Gold Mine (FRGM) is an operating opencast and

underground mine located in Bindura, Zimbabwe, in the
Shamva/Harare Greenstone Belt. The mine has a 20-year
production history, and operates as a low-grade, high-volume
producer. It is the biggest gold producer at 260kgs per month
The deposit is mined via ramp systems with long hole open
stoping. The mine consists of a fully mechanized underground
and open pit operation, with a remaining 5-year life of mine.
Various alternatives are being considered in respect of FRGM’s
processing capacity, which can be utilized either through further
exploration drilling and securing of near gold ore sources or near
mine acquisitions. The mine creates meaningful employment in
the region by directly employing over 800 people and has done
a lot of local development interventions in the area of health,
education, physical infrastructure development etc.

S H A MVA M I N I N G
CO M PA N Y
Shamva Mining Company is an operating mine located in the
Harare Mining District 90 kilometers northeast of Harare. The
history of the mine dates back to 1893 and since then, the mine
has produced 2,3 million ounces of gold from 28,5 million tons of
ore at a recovery grade of approximately 2.5g/t gold. Shamva
Mining Company is situated on the North Eastern tip of the
Harare–Bindura-Shamva Greenstone Belt and exploits
numerous orebodies which occur within a 300-400m shear
system. Shamva Hill which is under exploration is set to boost
the mine’s gold production 250kgs per month. The deposit is
mined through underground sublevel stopping and has a Life of
Mine of 16 years at a mining rate of 35,000t per month. Extensive
exploration work is currently taking place; this work is expected
to yield a large open cast operation. The Mine doesn’t process
gold ore but haulages it to Freda Rebecca Gold Mine. The mine
creates employment in the region of 900 employees and
operates health center, primary school for local communities,
and has been involved in local roads rehabilitation work.

JENA GOLD MINES

Jena Mines is an operating underground mine located in

Silobela, Zimbabwe in the Bubi/Bulawayan Greenstone Belt.
Historical production for Jena Mines dates back to 1898 on a
high-grade low volume basis from various shallow vertical shafts.
The Jena Mines deposit occurs as narrow veins with widths
ranging between 2-5m, and up to 20m wide pods. The main
mining method is underhand/ overhand open stope benching,
with limited breast-stoping. The current underground workings
have a remaining 2-year drilled reserve with the planned
rigorous exploration and development programmes expected to
ramp up production in the short term to 30kg of gold per
month, and to extend the life of mine to 5 years and increase
production to 83kg per month in the medium term. The
production ramp up plan comprises the expansion of the
processing plant and the recommissioning and deepening of
two of the underground shafts. . The labour complement for
Jena Mines is slightly above 650, with much of the labour being
sourced from the surrounding community.

Gold Mines

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L ITHIUM OPERATI ON S

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