metallon gold mines 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

Metallon suspends operations in three mines Zimbabwe’s largest gold producer Metallon Corporation has suspended production at three of its four local mines due to

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

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0 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

Sep 07 2018 · 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 various creditors and workers as the miner mulls disposing some of its underperforming mines to offset the huge debt overhang the Zimbabwe Independent can reveal Tinashe Kairiza

Top Ten operating mines in Zimbabwe 2018 1 Caledonia Mining Corporation The Matabeleland based gold miner despite it being a midtier gold producer has managed to outperform its peers 2 Zimplats 3 Mimosa 4 Unki Mine 5 Africa Chrome Fields

Metallon Gold Zimbabwe’s current stable includes How Mine Shamva Mine Mazowe Mine Redwing Mine and Arcturus Mine currently mothballed making it’s the country’s largest gold miner

Some of Zimbabwe’s mining companies which are not listed at all include the country’s biggest gold miner Metallon Gold Corporation owned by South African magnet Mzi Kumalo AngloAmerican unit Unki Mine and Sibanye Stillwater and Implats jointly owned unit Mimosa are also unlisted