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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.
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 ...
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 ...
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.
SC 12-15 - METALLON GOLD ZIMBABWE v GOLDEN MILLION (PVT) LIMITED. ... US$ 245 467-82 delivered to How Gold Mine; US$ 626-96 delivered to Redwing Gold Mine; and. US$ 36 184-02 delivered to Mazoe Gold Mine. The claim was denied by the appellant. In para 4 of its plea it averred:
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 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.
Jun 24, 2019· One employee was killed while 4 others were injured in an accident at How Mine resulting in the closure of the North Shaft. How Mine is operated by Metallon Gold. In a statement, the company said: We regret to advise of an accident at Bulawayo Mining Company's How Mine that occurred on Thursday 20th June.
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
Metallon, owned by South African mining magnate Mr Mzi Khumalo, has five gold mines in Zimbabwe. These are, How Mine, the most productive, Shamva Mine, Acturas Mine, Mozowe Mine and Redwing Mine.
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 .
Jul 15, 2017· Metallon Gold Zimbabwe (Pvt) Ltd, owners of How Mine near Bulawayo and other gold mines in the country, has been taken to court on allegations of externalising more than $30 million. Preminent South African businessman Mr Mzi Khumalo is the non-executive chairman of Metallon Corporation, the parent company of five gold producing mines in ...
May 21, 2019· 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 ...
May 16, 2019· Metallon Corp., which acquired Lonmin Plc's gold mines in Zimbabwe in 2002, wants an additional $5.8 million because the central bank prevented it from externalizing 2% of revenue as a ...
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 is a gold producer, developer and explorer with operations in Zimbabwe and the Democratic Republic of Congo.Metallon is Zimbabwe's largest gold mining company operating four gold mines throughout the country. The chairman of the company is Mzi Khumalo.
Small-scale and artisanal miners produced more gold than large-scale 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, small-scale miners and their advocates say.
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 under-performing 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 US$30 million owed to [.]
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.
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
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 ...
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 back-dated pay, as a condition to returning to work. The strike was triggered by the wives of the workers, who ...
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.
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