MINING & RETAIL

Arcturus mine to increase production output

ARCTURUS Mine is working towards increasing production to 15 000 tonnes of gold ore per month through expanding its current operations under its medium term plan, an official has said.Arcturus Mine ow...

By Staff reporter | Published: 01 June 2018
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MINING & RETAIL

Ex-Arcturus Mine workers' stay in houses illegal

TN Securities (Pvt) Limited, which acquired Arcturus Mine from Metallon Corporation, says the former employees still residing at the mine's premises are doing so illegally. The company, led by Harare ...

By Staff reporter | Published: 21 May 2018
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MINING & RETAIL

Nyambirai invests $12m into Arcturus Mine

Businessman Tawanda Nyambirai is set to invest $12 million in Arcturus Mine, which he acquired from Metallon Gold Zimbabwe, amid revelations he is planning further investments into mining with explora...

By Business Weekly | Published: 16 February 2018
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MINING & RETAIL

Nyambirai buys Arcturus Mine

Businessman Tawanda Nyambirai has snapped up Arcturus Mine from Metallon Corporation (Metallon).The London-listed firm placed Arcturus Mine under care and maintenance in the 2016 first quarter with mi...

By Staff reporter | Published: 04 December 2017
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MINING & RETAIL

Metallon Gold sells Arcturus Mine

GOLD mining concern, Metallon Corporation has sold one of its operations, Arcturus Mine to TN Securities Limited.Metallon did not disclose the value of the sale but indicated that as part of the trans...

By Staff reporter | Published: 04 December 2017
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MINING & RETAIL

Arcturus Mine not shutting down

Metallon Gold Zimbabwe says it will not shut down Arcturus Mine despite persistent losses due to low ore grade and falling gold prices. Head of corporate affairs Zenzo Nsimbi said Arcturus Mine was cl...

By Staff reporter | Published: 29 January 2014
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