Metallon is focused on investing in high growth opportunities in Africa. How Mine is a low cost, high grade mining operation with gold production of 50,191 ounces and C1 cost of US$520/oz achieved in 2016. Expansion plans are underway to increase production to 100,000oz pa. Zimbabwe has exciting undeveloped mining
2012-12-3 The Ministry of Indigenization says Zimbabwe should revoke licences of three gold mining companies, including the nation’s largest gold producer Metallon Gold for failing to comply with the black economic empowerment law.
Mazowe Mine is one of the oldest mines in Zimbabwe, and exploration and development in this region dates back to 1890, with over 1.4 million ounces of gold produced to date. Mazowe Mine comprises two underground operations, Mazowe and the BSV sections. The mine
1.2 Before starting operations the newly registered company should possess a Zimbabwe Investment Authority (Z.I.A) certificate and can then apply for a prospecting license from any Ministry of Mines and Mining Development Offices.
2021-6-9 Vast Resources holds a 23.75% interest in the Eureka Gold Mine in Zimbabwe. The mine is situated about 150km north of Harare and 300km from the Pickstone-Peerless mine. Eureka is a modern gold mine designed to produce up to 70,000oz of gold per annum from an open pit operation. Operations were suspended in 2000 due to high costs and low gold
2019-4-8 THE curtain has fallen on South African mining entrepreneur, Mzi Khumalo’s Zimbabwean gold mining exploits after Metallon Corporation subsidiaries, Mazowe Mining Company and Goldfields of Shamva filed for judicial protection. Corporate rescue proceedings began on April 1. Metallon is one of Zimbabwe’s biggest gold producers, but it fell on hard times as Zimbabwe’s
2020-5-8 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
2017-12-4 “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. “Arcturus Mine has a...
2019-12-22 Investment vehicles, reportedly linked to a prominent Harare businessman with interests in mining and oil, Kudakwashe Tagwirei, are angling to buy four gold mines owned by the Government of Zimbabwe. Well-placed sources with knowledge of the ongoing negotiations, revealed the investor was targeting gold mines owned by the State through the Zimbabwe Mining Development Corporation (ZMDC). The assets comprise Jena Gold Mines, Golden
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The average mined grade is approximately 5g/t. Production in 2016 was 50,191 ounces, with C1 costs of US$520 per ounce and AISC of US$660 per ounce. This is one of the lowest cost mines in Africa. Current resource: 1.0 million ounces of gold (Mineral Reserve Statement Dec 2016) Life-of-mine
Metallon owns and operates three gold mines– How, Redwing and Mazowe Mines as well as an exploration property Motapa. These assets produced over 1.7 million ounces since 2002 and have a potential resource base of over 8 million ounces (JORC 5.2Moz Golder). Metallon is one of the largest gold producers in Zimbabwe and one of the largest employers.
2021-3-15 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 fra
2021-3-15 Metallon Gold to reopen 2 gold mines. By Newsday. March 15, 2021. BY ANDREW KUNAMBURA. METALLON Gold has invested US$33 million in the reopening of Redwing Mine and deepening of How Mine in a
2020-3-6 A Private African gold mining and exploration company • Four underground gold mines in Zimbabwe • Globally significant Mineral Resource of 8.3Moz of gold and exploration targets of between 4-6Moz • Gold production of 94,212oz in 2016 • Low cost producer –C1 costs of US$809/oz and AISC of US$1,023/oz in 2016
1.2 Before starting operations the newly registered company should possess a Zimbabwe Investment Authority (Z.I.A) certificate and can then apply for a prospecting license from any Ministry of Mines and Mining Development Offices.
2021-4-9 The mining industry has of late become the country’s largest foreign currency earner with nickel, gold and platinum group of metals leading in fetching the country the much-needed forex.The government through the Ministry of Mines and Mining Development has a vision for the mining industry to earn the country US$12 BILLION annually by 2023 an achievement that will have the capacity to
2017-12-4 Metallon Gold Zimbabwe mining group. Oliver Kazunga, Senior Business Reporter GOLD mining concern, Metallon Corporation has sold one of its operations, Arcturus Mine
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Zimre Centre. Ministry Of Mines And Mining Development. Cnr Leopold Takawira Street/Kwame Nkrumah Avenue 6 th Floor, P. Bag 7709, Causeway. Harare. Zimbabwe. Email address: [email protected] Phone: 263-4-777022-5, FAX-04-798774.
2020-3-6 A Private African gold mining and exploration company • Four underground gold mines in Zimbabwe • Globally significant Mineral Resource of 8.3Moz of gold and exploration targets of between 4-6Moz • Gold production of 94,212oz in 2016 • Low cost producer –C1 costs of US$809/oz and AISC of US$1,023/oz in 2016
2021-3-15 Metallon Gold to reopen 2 gold mines. By Newsday. March 15, 2021. BY ANDREW KUNAMBURA. METALLON Gold has invested US$33 million in the reopening of Redwing Mine and deepening of How Mine in a
Metallon Gold Zimbabwe Company Details. Zimbabwe 1st Floor Block 6 Arundel Arundel Harare. Tel : +263 (4) 307692 . Details : Mining Company. Email : Contact Company. Share: PEOPLE ALSO VIEWED. Hire It. Hire Services +263 (4) 7279 click to view more Hawkins Leshnic
2020-7-3 The Associated Mine Workers Union of Zimbabwe (AMWUZ) applied for a reconstruction order on Mazowe and Shamva in 2019, in a bid to secure unpaid wages as creditors besieged the mines.
2020-2-27 The High Court has placed troubled gold producer Metallon Zimbabwe’s Mazowe and Shamva mines under administration after granting an application by Associated Mine Workers Union of Zimbabwe
2020-3-6 Metallon’s Mzi Khumalo: Surrounded by debts, court action. Canada-based B2Gold considered buying Shamva gold mine, but its interest cooled after Government rejected the company’s demand that it be exempted from selling its gold to Fidelity Refiners, the Reserve Bank of Zimbabwe’s gold buyer. Shamva was last valued at US$167 million in 2012.
2020-11-7 Before November 2008, Metallon itself once commanded 40 percent of all gold output produced in Zimbabwe. It is now a pale shadow of its former self. In fact, its mines have either been mothballed by delayed payments of gold delivered to the government, or have been sold.
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Metallon Gold Zimbabwe Oct 2014 Present 6 years 11 months. Harare, Zimbabwe Metallurgical Technician Metallon Corporation Gold fields of Mazowe Student Internship at Zimbabwe ministry of mines and mining development Met department (ECSA Candidate) Zimbabwe. ZimMinerals GeoServices
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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