Online Reporter
JERSEY, Channel Islands — In a decisive move to untangle corporate identities, the international mining group Duration Gold has issued a public notice, clarifying legal separations and announcing the dissolution of one of its subsidiaries.
The notice, dated January 15, 2026, aims to end persistent confusion between two entirely separate corporate entities that share similar names but have no legal ties.
On one side is Duration Gold Limited (Jersey Co Reg No 95235) and its subsidiary, Duration Gold Zimbabwe (Pvt) Ltd (Zim Reg. No 311/2004). On the other is a distinc Zimbabwean group comprising DGL Investments Number Five (Pvt) Ltd (Reg No 517/2009) and DGL Investments Number Nine (Pvt) Ltd (Reg No 521/2009).
“The two groups are separate and independent legal entities owned by different parties,” the notice states.
It explicitly denies any “connection, affiliation, partnership or any other relationship” between them, including their shareholders, directors or officers. The notice warns the public that neither group is responsible for the activities or obligations of the other.
Root of confusion traced to 2013 asset transfer
The genesis of the naming confusion lies in a corporate reorganisation over a decade ago. In May 2013, the Duration Gold group returned a significant portfolio of mining assets to the late Mr John Muir and his company, Archean Services (Pvt) Ltd.
This transferred portfolio included the full share capital of DGL Investments Numbers Five and Nine, along with their physical assets — plant, equipment and key mining claims such as the Queens Mine, Umviga Plant and Ding Dong.
Despite this clean divestment, the DGL companies retained their original names, leading to ongoing market confusion.
Firm takes action: Name change demands and a winding-up
Duration Gold Limited reports that it has made “numerous requests” to the DGL entities to change their names to avoid further misunderstanding, but to no avail. The company has now declared that “further action is now being taken” to compel a name change.
In a parallel move, Duration Gold Limited has initiated proceedings for the winding up and dissolution of its own subsidiary, Duration Gold Zimbabwe (Pvt) Ltd.
The notice emphasises that these steps are necessary to protect industry stakeholders. It is addressed to “industry colleagues, customers, suppliers, the Government of Zimbabwe as well as the general public” to prevent any future contractual or reputational misassociation.
Inquiries regarding the clarification have been directed to Mr Robert Mukondiwa, the appointed contact for the Duration Gold Limited board on 0772888839 or [email protected].
Bongani Ndlovu