Maris Capital

Frontier Africa Group

Mining

We have a strong track record in developing specialist African mining opportunities with a particular focus on the gold sector in Kenya and Zimbabwe. The mining division is headed by David May, a fourth generation Zimbabwean gold miner, who has developed some of the most successful gold mining developments in East Africa. Karebe Gold Mining is now the only operating gold miner in Kenya and production is rising as new mines come on line. In addition to impressive production figures, the underlying resource at Karebe is more extensive than previously thought and we are working to establish the extent of the strike, which extends for over 8km.

In 2013 we expanded our division to Zimbabwe and our tailings process at Commoner Mine is now in production. In late 2014 we completed our largest acquisition to date of Venice Mining Complex (Zimbabwe), a large complex of mines with extensive underground and surface infrastructure and over 100 years of recorded production. We aim to start production from our tailings resource before returning the underground mines to production. We are working to develop a group of producing assets with highly competitive costs of production, underpinned by significant proven gold reserves.

The success of any mining project depends on creating a mutually beneficial relationship with our communities. Our mines have become hubs for technical training and social development and we have brought roads, water, power, medical and teaching facilities to our local areas.

Find out more about EQUATOR DRILLING