metallon gold zimbabwe mines

Gold Miner Sues Zimbabwe Central Bank for Not Paying in ...

May 16, 2019· Metallon Corp., which acquired Lonmin Plc’s gold mines in Zimbabwe in 2002, wants an additional $5.8 million because the central bank prevented it from externalizing 2% of revenue as a ...

Gold miner Metallon demands $132 million from Zimbabwe ...

May 16, 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 …

Zimbabwe consortium formed to bid for Metallon mines ...

May 28, 2019· VARA Mining, a consortium of Zimbabwean business interests, has bid for control of the Mazowe and Shamva mines owned by Metallon Corporation, South African entrepreneur, Mzi Khumalo’s bankrupt gold mining company. Vara Mining comprises a team of local entrepreneurs and business executives with extensive knowledge, experience and expertise in mining and related …

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 …

Top Ten operating mines in Zimbabwe - Mining Zimbabwe

The gold miner which owns, Shamva, How mine, Mazowe and Redwing Mine is having its fair share of challenges but has managed to thrive in this difficult operating environment. Metallon is owned by South African mining magnate and African National Congress (ANC) stalwart, Mzi Khumalo.

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.

Nine killed in uncontrolled dynamite blast at Metallon’s ...

May 27, 2019· Jumbo Mine is believed to have rich gold deposits, which has attracted illegal gold miners from across the country. Metallon said in a statement the mine collapse happened on Sunday when illegal miners gained access to underground shafts and blasted explosives. “Tragically nine panners lost their lives.

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 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 Sues RBZ For US$132 Million For Gold ...

Metallon Corporation has sued the Reserve Bank of Zimbabwe and Fidelity Printers and Refiners Limited for lack of payment for gold produced. Metallon is demanding US$132 million from the Governor of the RBZ and the FPR, including full payment of amounts owed from as far back as 2016. Below is the part of Metallon’s statement: […]

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 the capital Harare, the company said on Monday. Metallon put its Mazowe Mine on care and maintenance last

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.

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 …

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.

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 ...

Metallon Corporation - Home | Facebook

Aug 02, 2016· Metallon Corporation is a leading gold producer, developer and explorer in southern Africa. ... Zimbabwe Mining Quarterly Magazine. Media/News Company ... The country’s largest gold mining firm, Metallon Group has ruled out closing operations in Zimbabwe, saying it is in talks with the government to facilitate viable and sustainable business ...

Metallon Gold problems deepen - The Herald | Zimbabwe's ...

Zimbabwe’s biggest gold producer Metallon Gold Corporation’s problems have deepened amid revelations the group has gone for months without paying creditors and employees of some of its mines ...

Metallon sues RBZ US$132m for non-payment of gold produced

Metallon Corporation (“Metallon”), the leading gold mining company in Zimbabwe, has served Legal notice to the Reserve Bank of Zimbabwe (RBZ) and Fidelity Printers and Refiners Limited, (FPR) for lack of payment for gold produced. Metallon is demanding specific performance from the Governor of the RBZ and the FPR, including full payment of amounts owed.

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.

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 ...

Local consortium bids for Metallon’s mines - Zimbabwe Today

LOCAL consortium, Vara Mining, has made a bid for Metallon Corporation’s Mazowe and Shamva gold mines, according to sources familiar with the developments. This comes as mid-tier Canadian miner B2Gold dismissed reports that it was considering …

Zimbabwe: Shamva Gold Mine Strike Ends - allAfrica.com

Apr 20, 2010· 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 ended. About 900 workers had downed tools, citing ...

Metallon moves to protect Zimbabwe gold mines from ...

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 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 ...

South African investor sues RBZ: “Zimbabwe is NOT open for ...

Metallon Corp., which acquired Lonmin Plc’s gold mines in Zimbabwe in 2002, wants an additional $5.8 million because the central bank prevented it from externalizing 2% of revenue as a management fee for the past two years, court documents show.

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.

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 ...

JOHANNESBURG, May 16 (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. The central bank denied it was in arrears with the company.

Canadian firm B2Gold in talks to buy Zimbabwe mine

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

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 ...

South African Mining Tycoon Mzi Khumalo Demands $132 ...

May 19, 2019· 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 ...