Metallon Corporation

Source: Wikipedia, the free encyclopedia.
Metallon Corporation Ltd
IndustryMining
Founded2002
ProductsGold
Websitehttp://metcorp.co.uk/

Metallon Corporation is a gold producer, developer and explorer with operations in Zimbabwe. Metallon is Zimbabwe's largest gold mining company[1] operating three gold mines throughout the country. The chairman of the company is Mzi Khumalo.[2]

Metallon Corporation is the 100% owner of three gold mining companies in Zimbabwe. In 2015, gold production was 97,000 ounces and the target is 100,000 ounces. Across the Group Metallon has a significant resource base with a JORC-compliant 5.2 million ounce resource (Golder 2018).[3]

Metallon Corporation is looking to increase its production to 500,000 ounces.[4]

In 2019, nine illegal miners were killed in Metallon Corporation's Mazowe underground mine, 10 km north of Harare.[5]

References

  1. ^ Metallon to spend $31 million in 2016
  2. ^ "Metallon to spend $31 million in 2016 - The Herald".
  3. ^ "About Metallon - Metallon Corporation Ltd".
  4. ^ Marawanyika, Godfrey. "Biggest Zimbabwe Gold Miner to Rule on London Trade by March".
  5. ^ "At least nine illegal Zimbabwean miners die after mine collapse". EWN/Reuters.