metallon gold zimbabwe mines

South African Mining Mogul Mzi Khumalo Puts Zimbabwean ...

Apr 13, 2019· Metallon Corporation, a gold mining group owned by Mzi Khumalo, one of South Africa's most prominent mining entrepreneurs, has reportedly filed for business rescue for two of …

Metallon Gold sells Arcturus Mine | The Chronicle

"Metallon Corporation, the gold mining, development and exploration company with producing assets in Zimbabwe, has announced the sale of Arcturus Mine to TN Securities Limited.

SA mining mogul puts Zim gold mines under business rescue

Metallon is Zimbabwe's largest gold mining company, operating four gold mines throughout the country. The company, which is headquartered in London, was founded in …

Metallon Closes 3 Mines, Mull Plans To Sell To Canadian ...

Apr 15, 2019· Metallon Gold reportedly ceased operations at three of its four mines in Zimbabwe because of mounting debts, according to South African media reports. The company's operations are being hindered by an acute shortage of foreign currency. The problem has been worsened by the country's regulations which stipulate that gold mining companies sell their metal to […]

Metallon puts Zim gold mines under business rescue ...

Metallon is Zimbabwe's largest gold mining company, operating four gold mines throughout the country. The company, which is headquartered in London, was founded in 2002 when Mzi Khumalo acquired Lonmin's Zimbabwean gold assets for $15.5 million. Khumalo, 63, is one of South Africa's most recognizable businessmen and a former anti ...

Metallon halts output at three Zim gold mines over 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.

Metallon demands $132m from Zimbabwe central bank ...

May 21, 2019· Gold miner Metallon Corporation is demanding nearly $132-million it says it is owed by Zimbabwe's central bank, legal documents showed on Thursday, as the country's mining sector grapples with a ...

Metallon Corporation - Wikipedia

Metallon Corporation is a gold producer, developer and explorer with operations in Zimbabwe and the Democratic Republic of Congo.Metallon is Zimbabwe's largest gold mining company operating four gold mines throughout the country. The chairman of the company is Mzi Khumalo.. Metallon Corporation is the owner of four gold mining companies in Zimbabwe.

Gold miner Metallon demands $132 mln from Zimbabwe central ...

May 16, 2019· Source: Gold miner Metallon demands $132 mln from Zimbabwe central bank -documents – Reuters JOHANNESBURG (Reuters) – Africa-focused gold miner Metallon Corporation is demanding nearly $132 million it says it is owed by Zimbabwe's central bank, legal documents showed on Thursday, as the country's mining sector grapples with a severe dollar crunch.

Home | Metallon Corporation Ltd

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, Tanzania and DRC.

Metallon Gold restructures - NewsDay Zimbabwe

Sep 07, 2017· ZIMBABWE'S largest gold producer, Metallon Gold, is restructuring its business, where each of the four operating mines will now operate as separate entities, as part of a strategy to increase ...

Metallon suspends operations in three mines – Nehanda Radio

Zimbabwe's largest gold producer, Metallon Corporation, has suspended production at three of its four local mines due to mounting debts. Mzi Godfrey Khumalo aka Mr Mzilikazi Khumalo is a South ...

Metallon Gold restructures | The Zimbabwe Daily

ZIMBABWE'S largest gold producer, Metallon Gold, is restructuring its business, where each of the four operating mines will now operate as separate entities, as part of a strategy to increase efficiencies and meet growth targets. Metallon runs four mines — How Mine, Mazowe, Redwing and Shamva ...

ZETDC sues Metallon Gold - Mining Zimbabwe

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has taken Metallon Gold Zimbabwe to court to compel the gold miner to settle a $9,3 million bill for power supplied to three of its mines. The power utility filed summons at the High Court through its lawyers, Chihambakwe, Mutizwa and Partners claiming payment for electricity supplied

Metallon Halts Output at Three Zimbabwe Gold Mines Over ...

Apr 14, 2019· 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 …

Gold miner Metallon demands $132 mln from Zimbabwe central ...

JOHANNESBURG (Reuters) - Africa-focused gold miner Metallon Corporation is demanding nearly $132 million it says it is owed by Zimbabwe's central bank, legal documents showed on Thursday, as the country's mining sector grapples with a severe dollar crunch.

Debts push Metallon Corporation to the brink - The ...

Sep 07, 2018· A source close to Metallon says the mining concern was downsizing its workforce as part of a "broader plan to dispose some of its under-performing assets" to service its mounting debts. PROPERTY belonging to Zimbabwe's largest gold producer, Metallon Corporation, will be auctioned by the High Court to recover an estimated US$30 million owed to […]

Zimbabwe Miners' Strike Paralyzes Metallon Gold Mine

For almost two weeks now, workers of Arcturus Mine, one of the five active mines in the country owned by Metallon Gold Zimbabwe, the largest gold producer, have been on strike, demanding back-dated pay, as a condition to returning to work. The strike was triggered by the wives of the workers, who ...

Metallon Gold sells Arcturus Mine | The Insider

Zimbabwe's biggest gold producer, Metallon Gold has sold off its Arcturus mine to Tawanda Nyambirai's investment company, TN Securities at an undisclosed price. Arcturus Mine has a proven gold resource of one million ounces. Metallon has ceded all of its rights and obligations concerning Arcturus Mine to TN Securities as part of the disposal process.

At least nine illegal Zimbabwean miners die after mine ...

May 27, 2019· At least nine illegal gold miners have died in Zimbabwe after they detonated explosives underground and were trapped at a mine owned by unlisted London-headquartered Metallon Corporation north of ...

Gold miner Metallon demands $132 mln from Zimbabwe central ...

May 17, 2019· Africa-focused gold miner Metallon Corporation is demanding nearly $132 million it says it is owed by Zimbabwe's central bank, legal documents showed on Thursday, as the country's mining sector grapples with a severe dollar crunch.

Shamva mine | Metallon Corporation Ltd

Gold Fields of Shamva is the parent company of Shamva Mine - an underground mining operation. Shamva Mine is located in Mashonaland-Central province, about 90 kilometres northeast of the capital city of Harare and some 29 kilometres east of Bindura. Geology. Shamva Mine is situated in the Shamva greenstone belt and exploits numerous orebodies ...

Canadian firm B2Gold in talks to buy Zimbabwe mine - newZWire

May 24, 2019· B2Gold officials have visited Zimbabwe several times in a bid to conclude the sale, one of the people said. Shamva gold mine, about 90 kilometers (56 miles) northeast of the capital Harare, is an underground operation that produced 21,061 ounces of gold in 2016, according to Metallon's website. ___ Bloomberg

Mining giant Metallon Corporation faces collapse » ZOOM ...

Share this:Metallon Corporation, founded and chaired by South African mining tycoon Mzi Khumalo, is on the brink of collapse amid indications that over 1,400 of its workers are owed salaries and other benefits amounting to $40 million. In Zimbabwe, the company operates four gold mines namely How Mine, Redwing Mine, Mazowe Mine and Shamva Mine.

Metallon halts output at three Zimbabwe gold mines over ...

Apr 14, 2019· 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 …

Gold miner Metallon demands $132 mln from Zimbabwe central ...

Africa-focused gold miner Metallon Corporation is demanding nearly $132 million it says it is owed by Zimbabwe's central bank, legal documents showed on Thursday, as the country's mining ...

Mine Manager: Metallon Gold Zimbabwe (Pvt) Ltd - Jobs in ...

Jul 24, 2015· Metallon Corporation Limited ("Metallon") 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 to 500,000oz pa by 2019. Metallon has four gold mining operations, is dewatering Redwing Mine and exploring additional licences in Zimbabwe.

Metallon Gold Zimbabwe Ltd: Private Company Information ...

Company Overview. Metallon Gold Zimbabwe Ltd owns and operates gold mines which includes How Mine, Shamva, Arcturus, Mazowe, and Redwing mines. The company is based in Harare, Zimbabwe.

1 Killed, 4 Injured At Metallon Gold's How Mine ⋆ Pindula News

Jun 24, 2019· One employee was killed while 4 others were injured in an accident at How Mine resulting in the closure of the North Shaft. How Mine is operated by Metallon Gold. In a statement, the company said: We regret to advise of an accident at Bulawayo Mining Company's How Mine that occurred on Thursday 20th June.Subscribe […]

Zimbabwe: Shamva Gold Mine Strike Ends - allAfrica.com

Harare — A THREE-WEEK strike by Shamva Gold Mine workers which had halted operations at the mine, one of Metallon Gold Zimbabwe's key mines, has …