Metallon Corporation was founded in 2002 by South African Entrepreneur Mzi Khumalo. The Company was established with the objective of acquiring and developing businesses on the African continent to generate development, deliver growth and create high value returns. Metallon’s main investment is gold mining in Zimbabwe.

Who owns Metallon Corporation?

Mzi Khumalo
Metallon is Zimbabwe’s largest gold mining company operating three gold mines throughout the country. The chairman of the company is Mzi Khumalo. Metallon Corporation is the 100% owner of three gold mining companies in Zimbabwe….Metallon Corporation.

Type Private Limited Company
Products Gold
Website http://metcorp.co.uk/

Who owns Metallon gold?

Metallon Corporation was founded in 2002 by South African Entrepreneur Mzi Khumalo. The Company was established with the objective of acquiring and developing businesses on the African continent to generate development, deliver growth and create high value returns. Metallon’s main investment is gold mining in Zimbabwe.

What does metallon mean?

Metal, derived from the Greek word ‘metallon’ meaning “mine, quarry, ore, metal” is an element that readily forms positive ions and has metallic bonds.

How do you mine metallon?

How Mine is situated in the Bulawayo greenstone belt and exploits several individual mineralised pods situated within a sigmoidal structure which dips at 70° to 80° west. The pods are broadly cigar-shaped bodies comprising zones of enhanced hydrothermal alteration and gold mineralisation that plunge steeply.

Who owns the gold mines in Zimbabwe?

Caledonia Mining is one of the largest industrial miners in the country. It owns the Blanket Mine, located in southwest Zimbabwe, 15km west of Gwanda. CEO Steve Curtis says that policy changes are needed in Zimbabwe to make the country’s gold sector more inviting for foreign investors.

Who owns Kuvimba mining house?

Kuvimba is 65% held by the state and 35% by Ziwa. The private company was registered in Zimbabwe in September with an identical stakeholder structure to Mauritius-based Sotic: Almas Global Opportunity Fund SPC with 65% and Pfimbi Ltd.

Who owns how mine Bulawayo?

Bulawayo Mining Company
Bulawayo Mining Company owns How Mine. Summary: How Mine is situated in the Bulawayo greenstone belt and exploits several individual mineralised pods situated within a sigmoidal structure which dips at 70° to 80° west….Address:

Company Interest Ownership
Bulawayo Mining Company (operator) 100 % Direct

How many mines are there in Zimbabwe?

Currently, Zimbabwe has mines for mining coal, diamonds, gold, lithium, nickel, PGM and Wolframite. These 7 actively mined minerals do not, however, accurately reflect the extent of the various ore types available for mining in this country.

Does Zimbabwe have diamonds?

The Marange diamond fields are an area of widespread small-scale diamond production in Chiadzwa, Mutare District, Zimbabwe. ‘Although estimates of the reserves contained in this area vary wildly, some have suggested that it could be home to one of the world’s richest diamond deposits’.

Is Zimbabwe rich in gold?

Zimbabwe boasts a long history of mining. The country is rich in natural resources with known occurrences of over 40 minerals; primarily gold, nickel and copper, but also coal, diamonds, platinum and chromite.

Where is Blanket mine in Zimbabwe?

province of Matabeleland South
Blanket Mine is a village and mine in the province of Matabeleland South, Zimbabwe. It is located about 15 km north-west of Gwanda and 140 km south of Bulawayo. The village grew up around the eponymous gold mine and provides a residential and commercial centre.

Who owns how mine Zimbabwe?

Metallon Corporation Ltd.
Metallon Corporation Ltd. Bulawayo Mining Company owns How Mine. Summary: How Mine is situated in the Bulawayo greenstone belt and exploits several individual mineralised pods situated within a sigmoidal structure which dips at 70° to 80° west.