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 has been having challenges in Zimbabwe which have driven down its viability.

Metallon May Pay Suppliers in Gold Amid Zimbabwe Cash Shortage Godfrey Marawanyika, Bloomberg News (Bloomberg) Metallon Corp. is considering paying miningequipment suppliers in gold because a cash shortage in Zimbabwe is hampering its plan to expand .

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 .

Harare Mzi Khumalo's Zimbabwe based Metallon Gold risks losing its operating permit for failing to comply with the country's indigenisation programme. Empowerment Minister Saviour Kasukuwere named Metallon Gold along with two other mining houses, John Mack Gold Mine .

Metallon Gold is owned by South Africa's Mzi Khumalo and has five mines in Zimbabwe. Kasukuwere told the Sunday Mail that Metallon had a "negative attitude" towards the indigenisation policy.

Oct 09, 2014· [] – MZI Khumalo's Metallon Gold is on the comeback trail having set down plans for acquisitions that the company hopes will entrench it as a leading bullion producer in South Africa's northern neighbour, Zimbabwe. Metallon Gold has not been spared the difficulties in the Zimbabwe operating environment, with Ken Mekani, who is set to take over as new CEO, saying at the .

Metallon Gold Zimbabwe is conducting a feasibility study at its Motapa gold mine in Bubi with the intention of reviving operations there. The mine closed in 1990. Metallon Gold acquired the Motapa ...

Metallon Gold Zimbabwe would adopt the new name when it lists on the London Stock Exchange, which has been on the cards since last year, and is now expected to be a reality before the end of this ...

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. Previous

The latest press release, published last month, says Mandorin had entered into an agreement with Duration Gold Limited (DGL)to acquire 100 percent of its interest in its gold projects in Zimbabwe. The mines, which are owned by Duration Investments (Pvt) Ltd (DIPL) include Gaika, Athens, Umvinga, Durban, Sunace and Queens.

shamva gold mine contact shamva gold mine contact,The gold mine has the most highly mineralized deposits on record in the region There is a sheared contact between the two formation the Passaford is the eg Freda Rebecca, Shamva Gold Mines, Mazowe group and Acturus MineMakandiwa eyes Shamva Gold Mine Zimbabwe TodayA CONSORTIUM believed to be fronting .

Feb 09, 2018· Zimbabwe's Mazowe gold mine to retrench hundreds of employees ... put under care and maintenance in Zimbabwe. Mazowe Mine is part of the Metallon Corporation group, which includes How Mine ...

May 17, 2019· JOHANNESBURG – 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. The central bank denied it was in arrears with the company.

HARARE 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 ...

Metallon Halts Output at Three Zimbabwe Gold Mines Over Debts Godfrey Marawanyika, Bloomberg News (Bloomberg) 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 .

May 27, 2019· HARARE (Reuters) – 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 the capital Harare, the company said on Monday.