metallon gold zimbabwe mines

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

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Metallon demands $132m from Zimbabwe central bank

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

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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 indiions 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.

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Canada miner is in talks to buy Zimbabwe Gold Project

May 23, 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. Last Updated: 3 months ago

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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

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Metallon Gold eyes output growth The Herald

ZIMBABWE''S largest gold producer Metallon Gold Zimbabwe plans to grow output seven fold within the next two years to 70 000 tonnes per month after spending as much as $12 million to increase

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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. Bindurabased Miracle Auctioneers said the sale of the gold

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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

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Metallon Corporation Posts Facebook

Metallon Corporation, the biggest gold mining company in Zimbabwe, and Gold and General Limited, Mzi Khumalo''s investment holding company, hosted a private lunch between Hon. Winston Chitando, the Minister of Mines and Mining Development in Zimbabwe, certain leading investment banks and the London Stock Exchange in London on Friday 16th March 2018.

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BREAKING Hundreds Of Workers Rendered Jobless As Metallon

By Own Correspondent Over 300 workers have been rendered jobless amid indiions that the country''s biggest gold producer Metallon Corporation has put its Mazowe Mine under care and

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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

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Gold miner Metallon demands $132 mln from Zimbabwe central

JOHANNESBURG (Reuters) Africafocused 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.

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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. Bindurabased Miracle Auctioneers said the sale of the gold

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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 underperforming 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 []

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SC 1215 METALLON GOLD ZIMBABWE v GOLDEN MILLION

SC 1215 METALLON GOLD ZIMBABWE v GOLDEN MILLION (PVT) LIMITED. US$ 245 46782 delivered to How Gold Mine US$ 62696 delivered to Redwing Gold Mine and. US$ 36 18402 delivered to Mazoe Gold Mine. The claim was denied by the appellant. In para 4 of its plea it averred:

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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 Londonheadquartered Metallon Corporation north of

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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 indiions 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.

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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 between Khumalo and the Zimbabwe

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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 []

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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

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Metallon suspends Redwing Mine ops The Herald

Metallon, owned by South African mining magnate Mr Mzi Khumalo, has five gold mines in Zimbabwe. These are, How Mine, the most productive, Shamva Mine, Acturas Mine, Mozowe Mine and Redwing Mine.

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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.

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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 Londonheadquartered Metallon Corporation north of

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Metallon demands $132m from Zimbabwe central bank

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

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Shamva mine Metallon Corporation Ltd

Gold Fields of Shamva is the parent company of Shamva Mine an underground mining operation. Shamva Mine is loed in MashonalandCentral 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

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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.

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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.

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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.

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Makandiwa eyes Shamva Gold Mine Zimbabwe Situation

Nov 08, 2018 · Metallon Gold, which at its peak contributed over 35% of the country''s gold output per year, has of late been struggling to stay afloat and pay off its creditors, leading to the attachment of the company''s property. The mining company recently retrenched the bulk of its workforce as part of costcutting measures.

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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.

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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

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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 Londonheadquartered Metallon Corporation north of

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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.

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Metallon demands $132m from Zimbabwe central bank

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

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Metallon demands $132m from Zimbabwe central bank

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

project manager

Gold miner Metallon demands $132 mln from Zimbabwe central

JOHANNESBURG (Reuters) Africafocused 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.

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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

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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.

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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

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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

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Metallon Gold in distress, cuts hundreds of jobs

HARARE – 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

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Metallon Gold Zimbabwe (Pvt) Ltd: Training Officer Jobs

Jul 24, 2015 · Metallon Gold Zimbabwe (Pvt) Ltd. 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.

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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

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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

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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

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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.

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