Metallon Gold to lose property – Nehanda Radio
Zimbabwe''s largest gold producer, Metallon Corporation, is set to lose some of its property which will go under the hammer on July 19. The property belongs to the Goldfields of Mazowe and Shamva.
Zimbabwe''s largest gold producer, Metallon Corporation, is set to lose some of its property which will go under the hammer on July 19. The property belongs to the Goldfields of Mazowe and Shamva.
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 ...
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.
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 .
For almost two weeks now, workers of Arcturus Mine, one of the five active mines in the country owned by Metallon Gold Zimbabwe, the largest gold producer, have been on strike, demanding backdated pay, as a condition to returning to work. The strike was triggered by the wives of the workers, who ...
May 16, 2019· Metallon Corp., which acquired Lonmin Plc''s gold mines in Zimbabwe in 2002, wants an additional million because the central bank prevented it from externalizing 2% of revenue as a ...
Aug 03, 2018· "Due to recent political changes and renewed confidence in Zimbabwe, GFM (Gold Fields of Mazowe) is now in a strong position to invest in its gold mining operations," Metallon said referring to its operation in Mazowe Mine. Mazowe holds about 1,8 million ounces of gold reserves.
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 ...
Smallscale and artisanal miners produced more gold than largescale companies in Zimbabwe in recent months. Proposed changes to the nation''s mining laws to recognize and support smaller operations could boost production even more, smallscale miners and their advocates say.
Reference: Michael Harley and E. Guy Charlesworth (2008) Structural controls in the distribution of gold at How Mine, Bulawayo, Zimbabwe. Economic Geology 85:. List of minerals arranged by Strunz 10th Edition classification.
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 ...
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.
May 16, 2019· 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 .
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
ZIMBABWE''S largest gold producer, Metallon Corporation, plans to spend 16,3 million in capital expenditure at its Redwing Mine over the next five years, boosting output by nearly 60 percent to ...
Dec 14, 2018· These are the Top Ten operating mines in Zimbabwe. Caledonia Mining Corporation, Zimplats, Mimosa, ACF, Unki, Zimasco, Metallon Gold Corporation, Asa, Makom
Nov 15, 2018· HARARE Metallon Gold Zimbabwe is set to lose a car and office furniture over a debt owed to the Zimbabwe Electricity Transmission and Distribution Company (ZETDC). Miracle Auctioneers gave a notice mentioning that the property will be sold tomorrow at their premises in Shamva. In a statement, the ...
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 ...
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 ...
Apr 13, 2019· In February, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) took Metallon Corporation to court to compel the gold miner to .
Metallon Corporation is a gold producer, developer and explorer with operations in Zimbabwe and the Democratic Republic of is Zimbabwe''s largest gold mining company operating four gold mines throughout the country. The chairman of the company is Mzi Khumalo.
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.
Gold Fields of Shamva is the parent company of Shamva Mine an underground mining operation. Shamva Mine is located 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 ...
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 US30 million owed to [.]