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By Oliver Kazunga. Zimbabwe's largest gold producer, Metallon Gold, has invested an estimated $2.5 million in ongoing exploration activities at its mining operations in the country.
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Ministry of Mines and Mining Development, Zimbabwe Dec 2014 - Present7 years 3 months Trainee Metallurgical Technician Arcturus Mine Metallon Gold 2011 - 20121 year Arcturus, Zimbabwe Crushing,...
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Nov 7, 2020Before 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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Arcturus is a robust asset with a significant gold resource and Metallon received offers from a number of potential investors, both from within Zimbabwe and abroad, Mekani said. "We have taken the decision to sell the mine to a Zimbabwean company in order to empower local investors. As the leading gold mining company in Zimbabwe and a ...
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Nov 19, 2020Shamva Gold Mine reopened after local investor, Landela Mining Venture, acquired and injected fresh capital into the business, previously owned by Metallon Corporation, one of the country's largest gold mining companies. Since re-opening, production at the mine, which is one of Zimbabwe's largest gold producers, has gone from 16,000 tons in ...
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By Golden Sibanda 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...
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Being a Student Chaplain Coordinator provided opportunities for growth in the areas of leadership, peer counseling, organization and management, programming, public speaking, religious education ...
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Aug 31, 2021Mining 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.
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Around 1996, the mineral industry in Zimbabwe was a major contributor to the world supply of chrysotile asbestos, ferrochromium, and lithium minerals. Gold production was the leading sector in 1996 with output exceeding 24 metric tonnes. The Minerals Marketing Corporation of Zimbabwe (MMCZ) handled most other mineral exports.
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according to the ministry of mines of zimbabwe, "gold mining and exploration in zimbabwe has been going on from ancient times and it is estimated that a third (about 700 tonnes) of all historical gold production was mined locally from the seventh century until the introduction of mechanised mining methods with the arrival of europeans about a .
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More recently, Landela has taken control of some of the gold assets of the Zimbabwe Mining Development Corporation (ZMDC), including Sabi gold in the Midlands. In 2018, Government put six ZMDC mines on sale, as part of a broader privatization drive. ... ZMDC mines and the two Metallon operations, Landela will become a major gold player. Freda ...
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WASHINGTON —. 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 said the burden of their ...
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Now in control of Freda Rebecca, ZMDC mines and the two Metallon operations, Landela will become a major gold player. Freda was recently licensed to buy gold, and targets 500kg of gold per month...
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19 May 2017, 8:04 am VICTORIA FALLS, Zimbabwe, May 19 (Reuters) - Large gold mines in Zimbabwe could lose unused mining claims to the government, which is seeking to increase the number of small...
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Mar 17, 2021US$33 m for Metallon assets revival March 17, 2021 0 94 Winston Chitando - Mines and Mining Development Minister 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.
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Jun 8, 2021The Ministry of Mines and Mining Development head office is located at 6th Floor, ZIMRE Centre Cnr L.Takawira St/ K. Nkrumah Avenue Harare, Zimbabwe. Or telephone (263) 0242 777 022 - (263) 0242 777 029. Tags. Ministry of Mines and Mining Development Polite Kambamura winston chitando. United States USD $.
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Apr 14, 2021Metallon Gold to inject US$33 million in Redwing, How Mine April 14, 2021 0 37 A US$33 million chest has been set aside for the revival of Metallon Gold's two gold mining assets that have run into viability problems largely due to lack of capital, The Herald Business and Finance has established.
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Reserve Bank of Zimbabwe (RBZ) Ministry of Finance ... Falcon Gold Zimbabwe Limitedd. Cautionary Statements. FALG.zw EGM - Results Schedule 2 Nov 2020. FALG.zw Cautionary Statement 2 Nov 2020. FALG.zw Further Cautionary Statement - 29th July 2020.
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Metallon Gold Zimbabwe (Pvt) Limited 12. Kadoma Gold Projects 13. Freda Rebecca Gold Mine Limited 14. G$W Industrial Minerals (Pvt) Limited. 15. Darowa Minerals Limited 16. Stone Holdings Group 17....
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ZIMBABWE's largest gold producer, Metallon Gold, has invested an estimated $2.5 million in ongoing exploration activities at its mining operations in the country. The mining group owns operations...
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Metallon Corporation, a gold mining group owned by South African businessman Mzi Khumalo boasts of five gold mining assets; How Mine (the flagship asset), Shamva Mine, Mazowe Mine, Redwing Mine and...
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Metallon Gold is owned by South African mining magnet Mzi Khumalo and has five gold mines in Zimbabwe — How Mine, Shamva Mine, Arcturus Mine, Mazowe Mine and Redwing Mine. The group said at the...
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Metallon is also suing the Zimbabwe Ministry of Mines and Mining Development for the unlawful withholding of a mining lease that was approved by the Zimbabwean Mining Affairs Board in January 2019. For more information please contact: Klara Kaczmarek Head of Communications Metallon Corporation Mob: + (44) 7859 048 228
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Between 2016 and 2019, Metallon lost US$82m and Metallon is claiming for US$132m for the lack of profit and procurement, including interest," he said. The mining giant is also suing the Ministry of Mines and Mining Development for unlawful withholding of a mining lease it said was approved by the Zimbabwean Mining Affairs Board in January 2019.
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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...
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Gold producers operating in Zimbabwe include Caledonia Mining Corporation, Freda Rebecca, which is owned by AIM-listed Asa Resources Group and unlisted London-based Metallon Corporation. Zimbabwe's total gold output was 22.7 tonnes in 2016, according to national treasury figures, which has set a target of 30 tonnes this year.
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The High Court recently placed Metallon' Mazowe and Shamva mines under administration after granting an application by Associated Mine Workers Union of Zimbabwe for a reconstruction order of the two mines. Metallon however, recently appealed at the Supreme Court against the High Court ruling which placed the miner under administration.
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May 24, 2022Mining in Zimbabwe Projects IQ. For a complete, detailed list of gold mines in Zimbabwe, contact Africa Mining IQ today Call us on 27 11 830 2132 or send us an enquiry Coal mining in Zimbabwe Zimbabwe hosts large reserves of coal in the Lower Karoo rocks of the mid Zambezi Basin and the Save-Limpopo basin...
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Jan 8, 2021A Zimbabwean miner works underground at Metallon Gold mine in Shamva, about 80 km (50 miles) north of the capital Hararre, June 14, 2011. Metallon Gold, Zimbabwe's largest gold miner, will raise ...
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Jun 29, 2021HARARE (Reuters) - Zimbabwe's central bank will allow large-scale gold mining companies to directly export a portion of their bullion, an official said, as the bank gradually eases its control of gold trading in the country. FILE PHOTO: A Zimbabwean miner works underground at Metallon Gold mine in Shamva, about 80 km (50 miles) north of the ...
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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.
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Nov 19, 2020Mine management was upbeat when they hosted a team from the Ministry of Mines and Mining Development led by Minister Winston Chitando, which toured the mine yesterday. ... and took over Shamva Gold Mine from Metallon Gold last year and started recapitalising the mine. ... He was confident Zimbabwe could attain the 2023 mining sector target of ...
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Zimbabwe's Landela Mining Venture has reached agreements to take over and revive four idle state-owned gold mines and is in talks to buy more assets from a privately-owned bullion producer, its ...
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Jumbo Mine is believed to have rich gold deposits, which has attracted illegal gold miners from across the country. Metallon said in a statement the mine collapse happened on Sunday when illegal miners gained access to underground shafts and blasted explosives. "Tragically nine panners lost their lives.
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The Ministry of Mines and Mining Development says Zimbabwe is targeting US$1,2 billion in gold revenue this year. Last year, gold revenue was just under US$1 billion. Gold is one of Zimbabwe's largest foreign currency earners and a dip in prices would not be favourable for an already struggling treasury.
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Sep 12, 2020Inside Zimbabwe's illicit gold mining trade. The Ministry of Finance says it has been losing about $1.8bn of mineral revenues; especially from gold smuggling. Kazembe Kazembe, the Minister of Home Affairs, said Zimbabwe has been losing some $100m worth of gold every month through international smuggling rings and the country's porous borders.
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Blanket Gold Mine. Zimbabwe has a long history of mining and there are known occurrences of over 40 minerals in Zimbabwe, mainly gold, nickel and copper but also including coal, diamonds, PGE s and chromite The Zimbabwean mining industry has operated for over 100 years and prior to the collapse of the economy from 2005 onwards, there was a well-established base ....
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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 country's 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 ...
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Mar 21, 2022Shamva Mine was being leased by Metallon Gold Zimbabwe by its owner, Mzilikazi Khumalo. Mine Manager, Alfred Chinyere said, "Mzilikazi Khumalo who is the owner is unwilling to settle the company's debt which amounts to RTGS$31million.
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HARARE — Zimbabwe's Landela Mining Venture has reached agreements to take over and revive four idle state-owned gold mines and is in talks to buy more assets from a privately-owned bullion producer, its chief executive said on Friday. Unlisted Landela is majority-owned by Kudakwashe Tagwirei, an adviser to President Emmerson Mnangagwa and ...
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