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  • Metallon Gold Mines In Zimbabwe

    Metallon Gold Mines In Zimbabwe

    Metallon Gold to inject US$33 million in Redwing, How Mine. A US$33 million chest has been set aside for the revival of Metallon Gold’s two gold mining assets that have run into viability problems largely due to lack of capital, The Herald Business and Finance has established. Metallon was at one-time Zimbabwe’s largest gold producers.Rio Zimbabwe, a diversified miner owns two gold mines which are Renco Mine and Cam and Motor Mine in Kadoma and many scattered across the country. Metallon Corporation Across the group, Metallon has a significant resource base with a JORC-compliant 8.3 million ounce resource.

  • Metallon Gold To Reopen 2 Gold Mines Mining Index

    Metallon Gold To Reopen 2 Gold Mines Mining Index

    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.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 mine.

  • Metallon Gold To Reopen 2 Gold Mines Bulawayo24 News

    Metallon Gold To Reopen 2 Gold Mines Bulawayo24 News

    Jul 04, 2020 Landela plans a bigger open pit mine at Shamva and is in talks to purchase Metallon’s three other gold mines, said Brown. A Metallon spokeswoman declined to comment. Until 2017, Metallon was Zimbabwe’s largest gold miner, producing 100,000 ounces a year. A 2016 estimate showed Metallon had a mineral resource of 8.3 million ounces of gold.Dec 04, 2017 “Metallon has four operating mines and over eight million ounces of gold resources. The sale of Arcturus Mine is in line with Metallon’s strategy to prioritise our investments, focus resources.

  • Metallon Gold To Revive Motapa Mine The Chronicle

    Metallon Gold To Revive Motapa Mine The Chronicle

    The Metallon Corporation boss has since sold some of his gold mining houses including Shamva Gold Mines to Kuvimba Mining House, Arcturus Mine to prominent lawyer Tawanda Nyambirai. Khumalo also disposed of the Mazowe Gold Mine. The Metallon Group has kept the flagship How Mine and Redwing, which is under receivership.Jul 10, 2020 Landela is ramping up output at Freda Rebecca, an operation formerly owned by Asa Resources, and last month concluded a deal to buy the mothballed Shamva gold mine from indebted Metallon.

  • Metallon Gold Sells Arcturus Mine The Insider

    Metallon Gold Sells Arcturus Mine The Insider

    Jul 01, 2020 S hamva Gold Mine has reopened after Landela Mining Venture acquired and injected fresh capital into the business, previously owned by Metallon Corporation. “We are almost one month into production and we are now focusing on growth,” Landela chief executive Mr David Brown said yesterday. Metallon suspended operations at three of its mines including Shamva and Mazowe last.Dec 02, 2017 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. The rights include but not limited to, trade and statutory creditors and the mining rights over Arcturus mining lease Number 33, Metallon said yesterday.

  • Metallon Sells Gold Assets To Tagwirei’s Landela

    Metallon Sells Gold Assets To Tagwirei’s Landela

    May 23, 2014 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.Metallons Debtladen Shamva Mazowe Mines Put Into. Shamva and mazowe mines have been put into corporate rescue after an application by unions for a reconstruction order on the two mines owned by metallon once the countrys biggest gold producer the associated mine workers union of zimbabwe amwuz applied for a reconstruction order on the idled mazowe and shamva in 2019 in a bid to secure.

  • Metallon Gold Sells Arcturus Mine The Chronicle

    Metallon Gold Sells Arcturus Mine The Chronicle

    Mar 15, 2021 Metallon Gold to reopen 2 gold mines. March 15, 2021. 0 91. METALLON Gold has invested US$33 million in the reopening of Redwing Mine and deepening of How Mine in a fresh bid to resuscitate its business empire. The decision by the Mzee Khumalo-run entity to reinvest in the two mines follows the arrest of Redwing Mine judicial manager Cecil.Aug 31, 2021 Mining company Caprcend Investments, which is owned by Zimbabwean member of parliament Campion Mugweni, has suffered a serious setback in its battle with a subsidiary of the Metallon mining group at the Mazowe gold mine. The latter, still owned by Metallon, has been in the sights of influential Zimbabwean businessman Kudakwashe Tagwirei.

  • Landela Eyes Metallon Gold Mines Ebusiness Weekly

    Landela Eyes Metallon Gold Mines Ebusiness Weekly

    Local consortium bids for Metallon's mines The Herald. 28 May 2019 LOCAL consortium, Vara Mining, has made a bid for Metallon Corporation's Mazowe and Shamva gold mines, according to sources to sell gold to Fidelity Printers and Refiners, an arm of the Reserve Bank of Zimbabwe.Apr 15, 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 Lonmin’s Zimbabwean gold assets for $15.5 million. Khumalo, 63, is one of South Africa’s most recognizable businessmen and a former anti.

  • Metallon Gold To Inject Us$33 Million In Redwing How Mine

    Metallon Gold To Inject Us$33 Million In Redwing How Mine

    Mar 15, 2021 Metallon Gold to reopen 2 gold mines. by Staff reporter 15 Mar 2021 at 05 07hrs Views METALLON Gold has invested US$33 million in the reopening of Redwing Mine and deepening of How Mine.Dec 07, 2020 A Mining Data Online report reveals how Metallon Gold Zimbabwe, one of the country’s biggest mining companies, has been forced to put its mines on care and maintenance because of the “unsustainable costs of running them without proper proceeds from the government”.

  • Mine Manager: Metallon Gold Zimbabwe (pvt) Ltd

    Mine Manager: Metallon Gold Zimbabwe (pvt) Ltd

    Mar 15, 2021 METALLON Gold has invested US$33 million in the reopening of Redwing Mine and deepening of How Mine in a fresh bid to resuscitate its business empire. The decision by the Mzee Khumalo-run entity to reinvest in the two mines follows the arrest of Redwing Mine judicial manager Cecil Madondo on fraud charges after he allegedly duped investors of.Dec 03, 2017 After the disposal of Arcturus, Metallon now operates four mines Redwing, How Mine, Shamva and Mazowe with cumulative gold resources of eight million ounces. – The Source (271 VIEWS).

  • Sa Engineering Company Tackles Multimillion Dollar

    Sa Engineering Company Tackles Multimillion Dollar

    Jul 03, 2020 Until 2017, Metallon was Zimbabwe’s largest gold miner, producing 100,000 ounces a year. A 2016 estimate showed Metallon had a mineral resource of 8.3 million ounces of gold.May 08, 2020 Metallon Corporation owns four gold mines in Zimbabwe namely Mazowe and Shamva, which are currently under administration. The other mines are How and Redwing. Mazowe and Shamva mines were placed under the administration after the High Court granted an application by Associated Mines Workers’ Union of Zimbabwe for a reconstruction order.

  • Clash Over Gold Mine Owned By Ousted Market Leader Metallon

    Clash Over Gold Mine Owned By Ousted Market Leader Metallon

    Metallon Gold Mines has five mines throughout Zimbabwe, namely in Bulawayo and outside Harare. These include the former Lonrho Zimbabwe mines and the Acturus mine, Shamva Gold mine as well as the Mazowe mine. Once the project is commissioned, Mazowe mine will be one of the biggest producers of gold in Zimbabwe.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.

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