KMH implements mine-to-market gold tracing software
Oliver Kazunga
Senior Business Reporter
ZIMBABWE’S largest mining group, Kuvimba Mining House (KMH), has implemented a mine-to-market mineral traceability software in compliance with international regulatory requirements for transparency and accountability in the mining industry.
Since 2008, mineral conflict has been an issue globally, with international market leaders denouncing the production and trading of such resources.
Responding to questions from journalists in Harare, the group’s acting chief executive officer, Mr Trevor Barnard said the mineral traceability system is being implemented across all the entity’s mineral clusters namely gold, lithium, chrome, and platinum.
“The Comstack system applies across the board. At the moment we have only implemented it for gold because that’s the only mineral or metal that we sell in large quantities internationally,” he said.
“Once we get to lithium and start producing volumes of lithium concentrates, we will need to introduce it. The same goes for platinum and chrome.”
Earlier during a media briefing, Mr Barnard said: “It is a system that gives us transparency and accountability as it enhances our gold traceability system from the mine to the market.
“It is important that we comply with regulations not only within Zimbabwe but also internationally.”
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