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THE largest gold miner in Zimbabwe, Metallon Gold says dewatering at its Redwing Mine in Penhalonga is progressing well.
Metallon Gold suspended operations at Redwing Mine early this year due to flooding.
“Redwing Mine is currently under care and maintenance.
“It’s a project that we are working towards.
“We are currently concentrating on dewatering.
“As soon as we finish dewatering we will be able to re-open that mine,” the company said.
Meanwhile Metallon Gold has submitted its plans on indigenisation for approval by Minister of Youth, Indigenisation and Economic Empowerment Francis Nhema.
“It had been erroneously reported this week that the indigenisation has been approved but the company said the correct position is that the proposal is before Minister Nhema for consideration.
Metallon is looking at developing the Motapa project which is a brownfield project with sands and sulphide-gold resources (in-house estimate of 2,4 million ounces).
The gold producer said there has been a successful ultra fine grinding metallurgical processing tested (the Albion process and the project contains the richer Motapa camp (3-10 grammes per tonne) of Club, B&S, Fossicker, Pkuvius and Jupiter.
The group is currently planning to implement a five-year strategy to become a mid-toer gold producer of 200 000 ounces of gold a year by 2016.
It has set Shamva Hill, Mazowe and Redwing Mines as high priority targets.
Metallon Gold has been operating in Zimbabwe since 2002.
Online Reporter