metallon gold mines

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 min The power utility filed summons at the High Court through its lawyers, Chihambakwe, Mutizwa and Partners claiming payment for electricity supplied
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 $58 million because the central bank prevented it from externalizing 2% of revenue as a .
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 .
Ticking time bomb at Metallon - Business Times TINASHE MAKICHI There is an imminent disaster waiting to happen at Metallon Gold Corporation following revelations that its Mazowe Gold Mine underground operations have been invaded by illegal gold miners The halting of operations at the Mashonaland Central-based Mazowe Mine last year, owing to operational challenges, rendered most of its employees jobless and also opened [,]
Shamva Mine loses vehicles in auction - Zimbabwe Situation Aug 04, 2018· HARARE – Gold producer, Metallon Corporation (Metallon)’s Shamva Gold Mine is to lose cars at an auction on August 8, according to a notice released by the firm that is conducting the auction released on Wednesday Bindura-based Miracle Auctioneers said the sale of the gold ,
Metallon Gold restructures | The Zimbabwe Daily Metallon has a world-class gold resource of over 8,3Moz How Mine, near Bulawayo, is the flagship mining operation and produces over 55% of production Shamva and Mazowe Mines produce approximately 22% and 13%, respectively, and Redwing Mine is currently ramping up production Gold production in 2016 was 94 212 ounces and the budget for 2017 is .
Metallon Corporation - Wikipedia 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 In 2015, gold production was 97,000 ounces and the target is 120,000 ounces in 2016
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 .
Local consortium bids for Metallon’s mines | The Herald 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 .
Fatal incident at Mzi Khumalo's troubled Zim gold mine , Jun 23, 2019· HARARE – Zimbabwe gold producer Metallon Corporation has confirmed a fatal rockfall incident at its most viable How Mine operation in Southern Zimbabwe The Mzi Khumalo controlled Metallon ,
Local consortium bids for Metallon mines | eBusiness Weekly 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 mines B2Gold dismissed reports that it was considering buying the assets, emphasising it was not currently interested in any mergers or acquisitions
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 Discover more about our Operations Targeting increased gold ,
Metallon Closes 3 Mines, Mull Plans To Sell To Canadian , Apr 15, 2019· Metallon said in a statement: The company has since placed three of its mines — Mazowe, Shamva and Redwing — under care and maintenance as debts mount Reports indicate that Metallon owner Mzi Khumalo is mulling plans to sell the company’s gold mines, which have accumulated about $200 million of debt
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 ounc Metallon has ceded all of its rights and obligations concerning Arcturus Mine to TN Securities as part of the disposal process
Canadian firm B2Gold in talks to buy Zimbabwe mine May 24, 2019· Earlier this year RioZim suspended its gold mines temporarily because it wasn’t getting paid and Metallon shuttered three operations last year for the same reason, leaving it with a single mine A large portion of Zimbabwe gold is produced by artisanal miners and much of ,
Metallon Gold problems deepen | The Herald 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 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 $155 million Khumalo, 63, is one of South Africa’s most recognizable businessmen and a former anti .
Metallon's Mzi Khumalo accuses RBZ of corruption, sues for , May 16, 2019· Metallon is also suing the Zimbabwe Ministry of Mines and Mining Development for the unlawful withholding of a mining lease that was approved by the Zimbabwean Mining Affairs Board in January 2019 The lawsuit would be an escalation of tensions ,
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 , 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
Shamva Mine loses vehicles in auction - DailyNews Live Aug 03, 2018· HARARE - Gold producer, Metallon Corporation (Metallon)'s Shamva Gold Mine is to lose cars at an auction on August 8, according to a notice released by the firm that is conducting the auction released on Wednesday Bindura-based Miracle Auctioneers said the sale of the gold ,
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 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 .
Breaking: Metallon closes Mazowe Mines - Business Times TINASHE MAKICHI The country’s biggest gold producer Metallon Corporation has put its Mazowe Mine under care and maintenance rendering hundreds of its employees jobless The miner, whose local units include How Mine, Mazowe Mine, Shamva and Redwing Mine, is owned by South African mining magnate Mzi Khumalo Well-placed sources told Business Times that a majority [,]
BREAKING- Hundreds Of Workers Rendered Jobless As Metallon , Metallon Gold Corporation has hit this new low amid revelations that the gold mining group is suffering neglect from Khumalo, a situation that is affecting productivity at the gold mining group .
Metallon Gold to revive Motapa Mine | The Chronicle Metallon had previously exploited three main mineral-rich zones at the mine Total gold production for the mine until 1990 was approximately 300,000 ounces from 2,4 million tonnes of ore – an .
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 JuneSubscribe [,]
Metallon Corporation - Home | Facebook Metallon Corporation regrets to advise of an accident at Bulawayo Mining Company’s How Mine that occurred on Thursday, 20th June A rockfall during shaft examination on the North Shaft resulted in the death of an employee and the injury of four workers
How Mine | Metallon Corporation Ltd Bulawayo Mining Company owns How Mine which is Metallon's flagship low cost, mining operation How Mine is located in Matebeleland-South province, about 30 kilometres southeast of Bulawayo in southern Zimbabwe Geology How Mine is situated in the Bulawayo greenstone belt and exploits several individual mineralised pods situated within a .
Canada miner is in talks to buy Zimbabwe Gold Project , May 23, 2019· Earlier this year RioZim suspended its gold mines temporarily because it wasn’t getting paid and Metallon shuttered three operations last year for the same reason, leaving it with a single mine A large portion of Zimbabwe gold is produced by artisanal miners and much of ,