Metallon Corporation is a gold producer, developer and explorer with operations in Zimbabwe and the Democratic Republic of Congo. Metallon used to be one of Zimbabwes largest gold mining company operating four gold mines throughout the country owned by Mzi Khumalo.
Zimbabwes Ministry of Finance expected the mining sector to fall by as much as 12.3% in 2019, with a recovery of 4.7% projected in 2020. Despite concern over the sector, 2020 will be a key year for many of the companies operating in Zimbabwean mining, with several investment projects expected to move into development stages during the year.
Mining in Zimbabwe Today As mentioned above, the Great Dyke is one of Zimbabwes most mineral rich mining areas and provides the largest percentage of production of the mining industries in the country. 28 million tonnes of Platinum were mined in 2011, as well as 930 billion tonnes of chromite.
Mining Zimbabwe, however, took time to go through the performance of various companies in a list of 10. Caledonia Mining Corporation The Matabeleland based gold miner despite it being a mid tier gold producer has managed to outperform its peers in the mining sector.
The coal miner based in Matebeleland North has been the main driver of coal mining in the country at a time when Over the past six years, Makomo Resources has grown to become the biggest coal miner by output and has also become the biggest supplier of coal to Zimbabwe Power Company.
With the exception of the Osage Mine in Zimbabwe, it is declared as a by product from the mining of platinum, gold, and copper. Gold mines in the Odzi greenstone belt have the highest silver and gold ratios. The mineral is mostly found in Makoni, Makonde, and Kwekwe. As mining resumes to full scale Health and Safety...
Zimbabwes mining sector has a significant role in the development of the country as it brings foreign currency, contributes to government revenue and provides for infrastructure development. Since 2009, the mining sector has become the fastest growing with both small scale mining companies, artisanal miners and multinational companies taking ...