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. Discover more about our Operations. Targeting increased gold production.
Jul 03, 2020· Metallon was once the country’s largest gold producer. It is now down to just a single working operation, How Mine in Bulawayo. Its other remaining
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 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
Metallon Corporation Reviews: Post Your Review Of Metallon Corporation. Metallon Corporation 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.
Metallon Gold Zimbabwe. 1st Floor, Block 6, Arundel Office Park Arundel Ar Arundel Harare. Update business information. +263 4307692 View location map.
Feb 27, 2020· 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
Aug 09, 2020· Zimbabwe is in desperate need of retained foreign currency earnings from gold in order to pay for ever-demanding needs. These range from fuel and electricity to repaying collateralized foreign debts to the tune of just above USD 1 billion. These debts were contracted from multilateral financier Afreximbank.
“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.
While Shamva may be off the cards, B2Gold could still return to Zimbabwe by buying some of Metallon's assets. The South African firm, crippled with debt and on bad terms with the authorities in Harare, is keen to shed its Redwing gold mine, in the east of the country. When contacted, B2Gold did not wish to respond to our questions.
Metallon Gold Zimbabwe Harare address and phone. Shared this post. Last update: 2017-02-19 15:00:10 . Metallon Gold Zimbabwe additional information. Ad without images. Be the first to share pictures of this company in iGlobal! Add images. Metallon Gold Zimbabwe categories.
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
“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.
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.
Aug 09, 2020· Zimbabwe’s new gold rush The company concluded a transaction to purchase Shamva gold mine from Metallon Corp, once the country’s biggest gold mining company. Despite delivery problems bedeviling government, the current set-up where ASGMs are permitted to continue mining is highly desirable for the latter group. With high unemployment
Apr 08, 2019· THE curtain has fallen on South African mining entrepreneur, Mzi Khumalo’s Zimbabwean gold mining exploits after Metallon Corporation subsidiaries, Mazowe Mining Company and Goldfields of Shamva filed for judicial protection. Corporate rescue proceedings began on April 1. Metallon is one of Zimbabwe’s biggest gold producers, but it fell on hard times as Zimbabwe’s economy struggled.
METALLON GOLD ZIMBABWE. v. GOLDEN MILLION (PRIVATE) LIMITED SUPREME COURT OF ZIMBABWE. ZIYAMBI JA, GARWE JA & PATEL JA. HARARE, FEBRUARY 13, 2014 & MARCH 31, 2015. T Tandi, for the appellant. Advocate T Mpofu, for the respondent
Arcturus is a robust asset with a significant gold resource and Metallon received offers from a number of potential investors, both from within Zimbabwe and abroad. We have taken the decision to sell the mine to a Zimbabwean company in order to empower local investors.”
Despite facing facing funding constraints,the gold producer, Metallon Gold Zimbabwe anticipates to increase its gold out by 60% to 30 700 ounces (about 870 kg) at its Shamva Mine this year, a
Graduate trainee in Mechanical Engineering at Metallon which is a leading gold producer with five underground gold mining operations in Zimbabwe,developer and explorer focused on low cost, high grade operations in Africa. Metallon's aim is to be a 500,000oz pa gold producer by 2019.
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 []
Nov 06, 2020· Before November 2008, Metallon itself once commanded 40 percent of all gold output produced in Zimbabwe. It is now a pale shadow of its former self. In fact, its mines have either been mothballed by delayed payments of gold delivered to the government, or have been sold.
Nov 09, 2020· B2Gold poised for new strike on Metallon's gold? A new name popped up on Mauritius' company register on 23 July: B2Gold Zimbabwe Holdings Limited: this could mean B2Gold harbours plans to regain a footing in Zimbabwe.