News

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 ...
Metallon Corp. plans to re-open its Redwing gold operation in Zimbabwe and develop it into the company’s top-producing mine as it lowers costs. The company has rehabilitated the mine ...
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.
HARARE - Zimbabwe's largest gold miner, Metallon Gold has re-opened two of its five mines after agreeing a $15-million loan with foreign and local financiers, the company's executive chairperson ...
GOLD Miner, Metallon Corporation will take over operations at the scandal-ridden Redwing Mine in Penhalonga following the removal of the gold mine from corporate rescue by the Supreme Court in ...
Harare — ZIMBABWE'S largest gold miner, Metallon Gold has re-opened two of its five mines -- How and Shamva -- after agreeing a US$15 million loan with foreign and local financiers, the company ...
The company also hinted that Metallon Gold will pursue new gold mining projects in Zimbabwe. The southern African country has projected bullion output of about 17 tonnes for this year as it eyes a ...
30 percent of Independence Gold Mine. Metallon, which did not disclose the value of the deal, bought Independence Gold from Lonmin for a reported US$15 million last year. It was said to produce 45 ...
Hunter announced in February at a side event of the Mining Indaba in Cape Town that Metallon Gold would list on the stock exchange in April. He said at the time that as much as 40 percent of the ...
owns fives mines in Zimbabwe, three operational and two which are being revived, through its Metallon Gold unit. It said on Wednesday that it had experienced equipment breakdowns at the three ...
HARARE – 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 ...