Mmakau Mining owned by Bridgette Radebe, wife of South Africa’s cabinet minister Jeff Radebe, has agreed to cede 51% of its shares in Zimbabwe based Eureka Gold Mine to locals.

Radebe’s Mmakau was previously a 75% shareholder after buying out Placer Dome while South African firm Shaft Sinkers owning the 25% balance.

Indigenisation minister Saviour Kasukuwere said the mining concern had now fully complied with the country’s empowerment laws.

“Radebe’s mine in Guruve has agreed to the 51% and that is now done,” Kasukuwere said in the capital.

The gold mine is a 65,000 oz per annum producer previously owned by Delta Gold Zimbabwe.

Kasukuwere added that his ministry was in the process of finalising community trust for Metallon Gold Zimbabwe, Unki Platinum Mine, while Mimosa Platinum Mine’s community scheme would be launched early next month.

“We are done with the Mimosa issue, we are just finalising on the date to launch the community trust,” he said.

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