Member Company Profile

Metallon Corporation

MET|Last Price: USD 0.00

USD 0.00        USD 0.00


Gold Price: $1,434.95|Silver Price: $16.35|Platinum Price: $852.00|Palladium Price: $1,533.00|Gold:Silver: 87.8


Status: Producer|Primary Mineral: Gold|Primary Country of Operation: Zimbabwe


Last Updated: April 10, 2015

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IR Contact

Klara Kaczmarek
+44 (20) 3178-7431
[email protected]
www.metcorp.co.uk

Address

78 Pall Mall, London
London SW1Y 5ES
United Kingdom

Cautionary Information

© Copyright 2019, Denver Gold Group & Metallon Corporation.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Metallon Corporation is an African gold mining, development and exploration company. Metallon is the largest gold miner in Zimbabwe with five underground mines and prospective exploration tenements. The Company also has exploration tenements in Tanzania and the DRC. Metallon has a globally significant resource base of 9.7 million ounces of gold (JORC compliant – June 2014). In 2014 gold production was 99,000 ounces, and the target for 2015 is 150,000 ounces. Metallon is focused on low-cost production with all-in-costs of under US$900 expected in 2015. The Company has commenced work and invested capital on ambitious expansion projects which will increase production to 500,000 ounces by 2019. These exciting development projects will deliver strong profits and stable cash flows. Metallon has an experienced management and technical team with proven ability to operate in Africa.

Value Drivers
  • 9.7Moz of mineral resource
  • Production of 150,000oz expected in 2015
  • 5 underground mining operations

Annual Production
Gold, oz per year
GEOs: Yes

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: JORC , GEOs: Yes

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Management
Chairman: Mzi Khumalo
CEO: Ken Mekani
CFO: Tulani Sikwila

IR Contact

Klara Kaczmarek
+44 (20) 3178-7431
[email protected]
www.metcorp.co.uk

Address

78 Pall Mall, London
London SW1Y 5ES
United Kingdom

Cautionary Information

© Copyright 2019, Denver Gold Group & Metallon Corporation.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.