Supreme Court documents in a labour case revealed that in 2012, Falgold dismissed its chief assayer, Happison Sigauke, after the gold had gone missing from a mine safe at Chakari’s Dalny Mine for which he was the sole custodian
THE MINERAL INDUSTRY OF Z IMBABWE By Philip M Mobbs Zimbabwe’s economy was ravaged by problems, including , (Falgold), a subsidiary of Falcon Investments SA of Luxembourg, closed the Dalny and the , mine (Stanley Gain, Herald, January 17, 1999, Bureaucracy
Falgold in a fix Falgold in a fix Share on Facebook Tweet on Twitter , Group chairperson, Ian Saunders also conceded that Falgold was in a fix , He, however, placed his hope on the sale of Dalny Mine to RioZim at a cost of $8 million source: Newsday SHARE Facebook Twitter tweet;
Turk Mine upgraded HARARE — Recent upgrades at Falgold’s Turk Mine, near Bulawayo, will boost production and help the group return to profitability by the end of the year, New Dawn Mining Corporation chief executive Ian Saunders has sa
Enacy Mapakame LISTED mining group, Falcon Gold (Falgold) Zimbabwe says its operations in the half year ended March 31, 2018 were affected by a strike which lasted for three months at its Golden Quarry mine
Falgold shareholders approve disposal of Dalny Mine ,
Falgold and AFCR reached a conditional agreement for the sale, and AFCR sought to rise over $20 million through a mixture of debt and equity to restart the mine and also begin production at its two flagship projects, Pickstone-Peerless Gold Project and its ,
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Falcon Gold Zimbabwe Ltd (FALGZI) Company Profile ,
Falgold remains in red, considers shutting down Turk Mine RESOURCES group Falcon Gold has posted a loss of US$351 000 for the six months ended 31 March 2016 due to high maintenance costs at its closed Dalny Mine
Falgold’s Survival Under Threat, Job Losses Expected At ,
The company closed the year with negative cash flows of $700 143 The company was also planning to do an upgrade at Golden Quarry Mine at a cost of $125 million designed to increase the output of the mine by up to 40 percent
Zimbabwe's richest gold mine with 45 mln ounces (140 tonnes) of gold extracted during its , or Mother of Gold Abutua (or Butua, the correct term for the Midlands province) was the name of the , river in the Golden Valley-Chakari districts
RioZim Buys Dalny Mine From Falgold 17th October 2016 0 Share on Facebook Tweet on Twitter tweet; The Source , RioZim also owns Renco gold mine near Chiredzi, Renco - Wikipedia Renco is a village in Masvingo Province, Zimbabwe and is located 70 km (43 mi) from Masvingo
Gold worth US$5m vanishes from Falgold – Nehanda Radio
May 12, 2017· Supreme Court documents in a labour case revealed that in 2012, Falgold dismissed its chief assayer, Happison Sigauke, after the gold had gone missing from a mine safe at Chakari’s Dalny Mine .
Sep 03, 2013· Falgold shuts down Dalny Mine in Kadoma New Dawn wholly owns Dalny through Falgold in which it has a 84,7 percent equity As a result of the closure, New Dawn said Dalny will be placed under care .
Falgold sells off majority shareholding in Venice Mine ,
Falgold’s loss position remained flat at $16 million for the six months to March from prior comparative period despite weakening revenue Sales of gold bullion stood at $53 million from $63 million following the closure of Dalny Mine in 2013 while operating and administration costs decreased
Falgold shuts down mine ZIMBABWE Stock Exchange-listed gold producer, Falgold (Falcon Gold), has shut down its Golden Quarries operation in Shurugwi due to working capital challeng Workers at the mine resorted to job action in January due to non payment of ,
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