visit

Welcome to visit us!

MENU
News Center
  1. Home
  2. metallon gold mines in zimbabwe

metallon gold mines in zimbabwe

Metallon, which was for a timeZimbabwe's leadinggoldproducer, is in great difficulty in the southern African country. Heavily in debt, it sold its holdings in the Shamvaminein early July to LandelaMiningVentures , a company owned by Zimbabwean business magnate Kuda Tagwirei , and is also preparing to get rid of itsminein Mazowe.

Get Price

News List

Home Metallon Corporation Ltd
Home Metallon Corporation Ltd

Discover more about HowMine. Significant resource – 5.2 million ounces.Zimbabwehas exciting undevelopedminingprospects.Metallonhas a 5.2Mozgoldresource (JORC) and is targeting an additional resources through exploration. Discover more about ourZimbabwe…

More Details
Losing millions from illicit gold mining trade The
Losing millions from illicit gold mining trade The

AMiningData Online report reveals howMetallon Gold Zimbabwe, one of the country’s biggestminingcompanies, has been forced to put itsmineson care and maintenance because of the “unsustainable costs of running them without proper proceeds from the government”.

More Details
Zimbabwe Gold Mines Lure Investor Despite Economic Ruin
Zimbabwe Gold Mines Lure Investor Despite Economic Ruin

Jul 10, 2020·Zimbabwe’s biggest gold mines are being snapped up by Mauritius-based Sotic International Ltd. as the price of bullion soars to the highest in more than eight years.Landela Mining Ventures Ltd…

More Details
Gold miner Metallon demands $132 mln from Zimbabwe central
Gold miner Metallon demands $132 mln from Zimbabwe central

Africa-focusedgold miner Metallon Corporationis demanding nearly $132millionit says it is owed byZimbabwe'scentral bank, legal documents showed on Thursday, as the country'sminingsector ...

More Details
Zimbabwe Losing millions from illicit gold mining trade
Zimbabwe Losing millions from illicit gold mining trade

Dec 07, 2020· Inside Zimbabwe’s illicit gold mining trade The Ministry of Finance says it has been losing about $1.8bn of mineral revenues; especially from gold smuggling.Kazembe Kazembe, the Minister of Home Affairs, said Zimbabwe has been losing some $100m worth of gold every month through international smuggling rings and the country’s porous borders.

More Details
South African Mining Mogul Mzi Khumalo Puts Zimbabwean
South African Mining Mogul Mzi Khumalo Puts Zimbabwean

Apr 13, 2019·MetallonisZimbabwe'slargestgold miningcompany, operating fourgold minesthroughout the country. The company, which is headquartered in London, was founded in 2002 when Mzi Khumalo acquired...

More Details
Metallon Corporation Zimbabwe's Business Directory
Metallon Corporation Zimbabwe's Business Directory

MetallonCorporation Reviews: Post Your Review OfMetallonCorporation.MetallonCorporation does not have any reviews yet. Why not write one? All the reviews on The Directory are written by consumers, so any review you read is based on experiences that a customer had who interacted with the company listed within our business directory.

More Details
Shamva Gold Mine reopens African Mining Market
Shamva Gold Mine reopens African Mining Market

Jul 01, 2020· S hamvaGold Minehas reopened afterLandela MiningVenture acquired and injected fresh capital into the business, previously owned byMetallonCorporation. “We are almost one month into production and we are now focusing on growth,” Landela chief executive Mr David Brown said yesterday.Metallonsuspended operations at three of itsminesincluding Shamva and Mazowe last year due to …

More Details
Shamva gold mine re opens for business Mining Zimbabwe
Shamva gold mine re opens for business Mining Zimbabwe

Nov 18, 2020· ShamvaGold mineis the largestgoldproducer in the country. It produces an estimate of 400kgs ofgold bullionper month which translates into 4.8 tonnes ofgold bullionper annum.Currently, themineemploys 800 workers with more employees to be recruited as production increases pic.twitter.com/COOAQmAF6A — Ministry of Information, Publicity & Broadcasting (@InfoMinZW) November 18, 2020. Themine…

More Details
Top ten gold producers in Zimbabwe Mining Zimbabwe News
Top ten gold producers in Zimbabwe Mining Zimbabwe News

May 21, 2019· Top tengoldproducers inZimbabwe. 2. BlanketMine. BlanketMineis located in the province ofMatabelelandSouth,Zimbabwe. It is located about 15 km north-west of Gwanda and 140 km ... 3. RioZim. 4.MetallonCorporation. 5. Sabigold Mine. 6.Falcon Gold.

More Details
Losing millions from illicitgold miningtrade The
Losing millions from illicitgold miningtrade The

AMiningData Online report reveals howMetallon Gold Zimbabwe, one of the country’s biggestminingcompanies, has been forced to put itsmineson care and maintenance because of the “unsustainable costs of running them without proper proceeds from the …

More Details
Zimbabwe Gold Mines Lure Investor Despite Economic Ruin
Zimbabwe Gold Mines Lure Investor Despite Economic Ruin

Jul 10, 2020·MetallonCorp., onceZimbabwe’s biggestgoldminer.While the coronavirus pandemic delayed the acquisition of two moreMetallon mines-- Mazoe and Redwing -- …

More Details
Metallon sells gold assets to Tagwirei NewsDayZimbabwe
Metallon sells gold assets to Tagwirei NewsDayZimbabwe

Jul 03, 2020·Metallonwas once the country’s largestgoldproducer. It is now down to just a single working operation, HowMinein Bulawayo. Its other remainingmine…

More Details
Metallonhalts output at threeZimbabwe gold minesover
Metallonhalts output at threeZimbabwe gold minesover

Apr 14, 2019·GoldproducerMetallonCorp. halted output at three of its fourmines in Zimbabwebecause of mounting debts, as a South African newspaper reported the owner is …

More Details
Zimbabwe Losing millions from illicitgold miningtrade
Zimbabwe Losing millions from illicitgold miningtrade

Dec 09, 2020· AMiningData Online report reveals howMetallon Gold Zimbabwe, one of the country’s biggestminingcompanies, has been forced to put itsmineson care and maintenance because of the “unsustainable costs of running them without proper proceeds from the government”.

More Details
Zimbabwe's newgoldrush The Zimbabwean
Zimbabwe's newgoldrush The Zimbabwean

Aug 08, 2020· This type ofminingis tolerated and lately encouragedin Zimbabwe, in contrast to other countries, more so as the bulk ofgolddeliveries trickling into national coffers come from this type ofmining.Mininglawin Zimbabweis governed by the 1961Minesand Minerals Act, which permits any individual, provided they are a “permanent resident ...

More Details
Debts push Metallon Corporation tothe brink The
Debts push Metallon Corporation tothe brink The

Sep 07, 2018· PROPERTY belonging toZimbabwe’s largestgoldproducer,Metallon Corporation, will be auctioned by the High Court to recover an estimated US$30 million owed to various creditors and workers, as the miner mulls disposing some of its under-performingminesto offset the huge debt overhang, theZimbabweIndependent can reveal.

More Details
metallon gold zimbabwe mines
metallon gold zimbabwe mines

Zimbabwe's Landela agrees to buy state-ownedgold mines... Landela plans a bigger open pitmineat Shamva and is in talks to purchaseMetallon's three othergold mines, said Brown. AMetallonspokeswoman declined to comment. Until 2017,MetallonwasZimbabwe's largestgoldminer, producing 100,000 ounces a year.

More Details
ShamvaGold Mineresumes operations ZimbabweSituation
ShamvaGold Mineresumes operations ZimbabweSituation

Nov 19, 2020· Addressing delegates during yesterday’s tour, Landela Investments chief operations officer Mr Cobus Bronn said ShamvaGold Minehad potential to become the largestgold mine in Zimbabwe. He was confidentZimbabwecould attain the 2023miningsector target of US$12 billion.

More Details
SPECIAL REPORT Zimbabwean mining The companies and
SPECIAL REPORT Zimbabwean mining The companies and

Mar 06, 2020·Metallon’s Mzi Khumalo: Surrounded by debts, court action. Canada-based B2Gold considered buying Shamvagold mine, but its interest cooled after Government rejected the company’s demand that it be exempted from selling itsgoldto Fidelity Refiners, the Reserve Bank ofZimbabwe’sgoldbuyer. Shamva was last valued at US$167 million in 2012.

More Details
Metallon halts output at threeZimgold minesover debts
Metallon halts output at threeZimgold minesover debts

GoldproducerMetallonCorp. halted output at three of its fourmines in Zimbabwebecause of mounting debts, as a South African newspaper reported the owner is considering selling the operations.

More Details
Landela eyes Metallon gold mines eBusiness Weekly
Landela eyes Metallon gold mines eBusiness Weekly

MetallonCorporation owns fourgold mines in Zimbabwenamely Mazowe and Shamva, which are currently under administration. The otherminesare How and Redwing. Mazowe and Shamvamineswere placed under the administration after the High Court granted an application by AssociatedMinesWorkers’ Union ofZimbabwefor a reconstruction order.

More Details
Atleast nine illegal Zimbabwean miners die after mine
Atleast nine illegal Zimbabwean miners die after mine

One ofZimbabwe’s biggestgoldproducers, it still operates three othermines.Metallonsaid in a statement theminecollapse happened on Sunday when illegal miners gained access to underground ...

More Details
Zimbabwe's newgoldrush The Zimbabwean
Zimbabwe's newgoldrush The Zimbabwean

Aug 08, 2020· This type ofminingis tolerated and lately encouragedin Zimbabwe, in contrast to other countries, more so as the bulk ofgolddeliveries trickling into national coffers come from this type ofmining.Mininglawin Zimbabweis governed by the 1961Mines…

More Details
Metallon Corporation LinkedIn
Metallon Corporation LinkedIn

Metallon Corporation Limited is the leading gold mining company in Zimbabwe. Metallon owns and operates four gold mining operations and has a world class gold resource of over 8.3Moz. How Mine,...

More Details
OPEN FORBUSINESS SHAMVA GOLD MINE RESUMES PRODUCTION
OPEN FORBUSINESS SHAMVA GOLD MINE RESUMES PRODUCTION

Jun 30, 2020· Metallon used to be the country’s largest gold miner, accounting for more that 50 percent of output. The company, founded in 2002 when Mr Mzi …

More Details
Metallon halts output at threeZimgold minesover debts
Metallon halts output at threeZimgold minesover debts

Gold producer Metallon Corp. halted output at three of its four mines in Zimbabwe because of mounting debts, as a South African newspaper reported the owner is considering selling the operations....

More Details
JUST IN Gold miner Metallon put under rescue plan The
JUST IN Gold miner Metallon put under rescue plan The

Formerly owned by South African business tycoon and ex-chairman of the company, Mzi Khumalo, Metallon was once Zimbabwe’s largest gold mining company operating five gold mines throughout the...

More Details
Kuda Tagwirei To Take OverFour Idle State Owned Gold Mines
Kuda Tagwirei To Take OverFour Idle State Owned Gold Mines

Landela plans a bigger open pit mine at Shamva and is in talks to purchase Metallon’s three other gold mines, said Brown. A Metallon spokeswoman declined to comment. Until 2017, Metallon was...

More Details
Metallon Gold sells Arcturus Mine The Chronicle
Metallon Gold sells Arcturus Mine The Chronicle

“Metallon is pleased to announce the sale of Arcturus Mine to TN Securities, a Zimbabwean investment company. “Metallon has four operating mines and over eight million ounces of gold resources. The...

More Details
Metallon Gold to revive Motapa Mine The Chronicle
Metallon Gold to revive Motapa Mine The Chronicle

Metallon Gold Zimbabwe is conducting a feasibility study at its Motapa gold mine in Bubi with the intention of reviving operations there. The mine closed in 1990. Metallon Gold acquired the Motapa...

More Details
ministry ofmines zimbabwe metallon gold MC Machinery
ministry ofmines zimbabwe metallon gold MC Machinery

Welcome to Metallon Producer, developer and explorer in southern Africa Metallon Corporation is a leading low cost gold mining company with four underground gold mines in Zimbabwe and exploration properties in Zimbabwe

More Details
Metallon'sgoldoutput falls short in further setback for
Metallon'sgoldoutput falls short in further setback for

Jul 29, 2015· London-based Metallon, which is not listed, owns fives mines in Zimbabwe, three operational and two which are being revived, through its Metallon Gold unit.

More Details
Metallon Crunchbase Company Profile Funding
Metallon Crunchbase Company Profile Funding

Metallon Corporation Limited is a leading gold producer, developer and explorer in southern Africa. Metallon is focused on low cost, high grade mining operations and increasing gold production over the next few years. Metallon Corporation is the 100% owner of four gold mining companies in Zimbabwe. Gold production was 94,212 ounces in 2016 and the

More Details

Are You Looking for A Consultant?

ONLINE SERVICE
totop
Click avatar to contact us