MINING & RETAIL

Freda Rebecca wins $1,5m appeal

Bindura-based Freda Rebecca Mine has won its appeal to reverse a High Court ruling allowing the registration of a $1, 5 million award granted to the workers by a labour arbitrator over non-payment of ...

By Staff reporter | Published: 30 May 2018

MINING & RETAIL

PanAf bids for Zim's Freda-Rebecca gold mine

PAN African Resources (PanAf), a JSE-listed gold producer, has emerged as the company interested in buying the assets of Zimbabwe's ASA Resource Group, a base metals and gold firm.Panaf said earlier o...

By Staff reporter | Published: 02 February 2018

MINING & RETAIL

Freda Rebecca Mine finance chief on the run

Police are looking for Freda Rebecca Mine chief finance officer Kwong Po Shum for allegedly defrauding the company of over $214 000.According to a statement from Bindura CID, Kwong misrepresented that...

By Staff reporter | Published: 08 August 2017

MINING & RETAIL

Freda gold output down 10%

Freda Rebecca's gold output declined by 10 percent to 58,704 ounces in the year to March weighed down by lower head grade and mechanical faults on the milling plant. Mill head grade of 2,10g per tonne...

By Golden Sibanda | Published: 10 July 2014

MINING & RETAIL

Freda Rebecca, BNC increase output

The Freda Rebecca Gold Mine and Bindura Nickel Corporation are well posed to boost Mwana Africa's top and bottomline.The multi-commodity mining conglomerate's Zimbabwean operations posted increases i...

By Staff reporter | Published: 23 April 2014

MINING & RETAIL

Freda to raise gold output

Freda Rebecca plans to raise annual gold output from 60 000 ounces to 100 000 ounces in the next two years, managing director Mr Tonderayi Muganyi said. Mr Muganyi however did not disclose how much th...

By The Herald | Published: 01 April 2014

MINING & RETAIL

Freda Rebecca gold output drops

GOLD production at Freda Rebecca Mine declined by 25 percent to 13,072 ounces in the last quarter of 2013 due to engineering down time and the annual shut down.Pan-African firm, Mwana Africa, which o...

By Staff reporter | Published: 30 January 2014

MINING & RETAIL

Freda Rebecca register a decline in output

Mwana Africa's cash cow, Freda Rebecca, registered a decline in output after a total of 13 072 ounces were produced during the quarter, representing a decrease of 25 percent over the previous quarter....

By Staff reporter | Published: 21 January 2014

MINING & RETAIL

Freda Rebecca revenue decline 36%

Freda Rebecca gold mine's revenue for the six months to September declined 36% to $43.6 million from $59.7 million after mine production declined 11.2% to 32,252oz of gold compared to 36,335oz produc...

By Staff reporter | Published: 11 December 2013

MINING & RETAIL

Meikles's bid to swoop for Freda flops

MEIKLES Limited's bid to swoop on Mwana Africa Plc's gold mining cash cow Freda Rebecca hit a brick wall after one of the group's major shareholders who was  approached with an unsolicited offer ...

By Business Reporter | Published: 27 November 2013

MINING & RETAIL

Freda fires 25 workers for going on strike

GURUS Holdings has fired about 25 employees who went on an illegal strike at its Freda Gold Mine in Gwanda District last week following a salary payment dispute.In an interview on Friday, Gurus Holdi...

By Staff reporter | Published: 29 October 2013

MINING & RETAIL

Freda gold output up 19%

Aim-listed resources group Mwana Africa plc (Mwana) says quarterly production at its Zimbabwe-based gold miner Freda Rebecca went up 19 percent quarter-on-quarter to 17,536 ounces.The miner said cash ...

By Staff reporter | Published: 25 October 2013

MINING & RETAIL

Freda Rebecca leach tank 3-rebuild back online

THE tank 3-rebuild programme at Freda Rebecca is now complete paving the way for an increase in production.The tank sustained damages in a leach tank incident that occurred in February.According to Mw...

By Business reporter | Published: 15 August 2013

MINING & RETAIL

Freda Rebecca gold output rises

FREDA Rebecca Gold Mine, a subsidiary Mwana Africa Plc, recorded a 37 percent increase in gold output in the full year to March 2013. According to Mwana Africa, Freda Rebecca had since grown to become...

By Business reporter | Published: 07 August 2013
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