Another accident at Vumbachikwe mine
About Vumbachikwe Mine. Vumbachikwe Mining Company is an African resources company established in March 1980. The company was formed through a reverse takeover of Rhodesian Gold plc, Rhodesian gold exploration and mining company, by a privately held mining company, Vumbachikwe Mining Company Holdings (Pvt) Limited.
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Vumbachikwe Mine
Vumbachikwe Mine, situated in Gwanda and owned by Duration Gold, reportedly owes various creditors, including workers, the Zimbabwe Revenue Authority and Zesa Holdings more than US$10 million.
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Forensic Report Dashes Hopes for Vumbachikwe Gold Mine's …
A forensic report conducted by South Africa's ForFar Forensics has flagged the reopening of Vubachikwe Gold Mine, citing several issues such as mismanagement, mounting debts, and unscrupulous operations.
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Gold panners invade Vumbachikwe Mine
PANNERS are reportedly sneaking into the closed Vumbachikwe Mine in Gwanda, Matabeleland South province, to extract gold, NewsDay has learnt. One of the …
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The Chronicle
GWANDA-based Vumbachikwe Gold Mine has commissioned a new tailings storage facility under a US$2,5 million investment. ... Vumbachikwe, which is one of the oldest gold mines in the country, is a ...
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Workers delight as Vumbachikwe Mine turns the corner
VUMBACHIKWE Mine in Gwanda, Matabeleland South province, has pledged to pay outstanding salaries to workers by the end of the week. ... In a letter to workers dated 11 February, acting mine manager, Mr None Kananji, said the gold mine had registered an improved performance in recent weeks and was making plans to pay workers by the end of the week.
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Forensic Report Reveals Financial Turmoil Threatens …
Owned by Duration Gold and its subsidiary Forbes and Thompson (Pvt) Ltd, Vubachikwe Gold Mine faces significant debt, totaling over US$8.5 million and ZWL 3.5 billion as of November 2023. The report highlights a lack of clear debt repayment strategies, with debts mounting at a monthly rate of approximately US$250,000.
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Gold mine shuts down after strike causes …
A gold mine located about 8 km north-west of Gwanda has temporarily suspended its mining operations after a strike and riot which occurred on the 8th of November damaged property. Vumbachikwe Mine ...
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Vubachikwe Mine seeks to resume operations
Vubachikwe, a gold mine which lies about 8km north-west of Gwanda, in Matabeleland South Province, seeks to resume operations that were halted following violent …
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Vumbachikwe Mine faces corporate rescue
The Gwanda-based Vumbachikwe Mine, which is owned by Duration Gold, shut down around the end of last year after workers went on strike over unpaid wages and poor corporate governance.
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Vumbachikwe Gold Mine hit by mass exodus of workers
A TOTAL of 23 senior and junior managers plus 140 general workers have quit Vumbachikwe Gold Mine in Gwanda, Matabeleland South, within the past two months.
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Gold panners invade Vumbachikwe Mine
PANNERS are reportedly sneaking into the closed Vumbachikwe Mine in Gwanda, Matabeleland South province, to extract gold, NewsDay has learnt. One of the suspected gold panners was hit by a boulder ...
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Forensic Report Reveals Financial Turmoil Threatens …
Owned by Duration Gold and its subsidiary Forbes and Thompson (Pvt) Ltd, Vubachikwe Gold Mine faces significant debt, totaling over US$8.5 million and ZWL 3.5 billion …
WhatsApp: +86 18221755073
Gold mine shuts down after strike causes extensive damage
A gold mine located about 8 km north-west of Gwanda has temporarily suspended its mining operations after a strike and riot which occurred on the 8th of November damaged property....
WhatsApp: +86 18221755073
Vumbachikwe Gold Mine hit by mass exodus of …
A TOTAL of 23 senior and junior managers plus 140 general workers have quit Vumbachikwe Gold Mine in Gwanda, Matabeleland South, within the past two months.
WhatsApp: +86 18221755073
Gaika Mine for sale
Duration Gold has engaged CBZ Capital as an exclusive advisor in preparation for the sale of Gaika Mine in Kwekwe. Duration Gold, which also runs Vumbachikwe in Gwanda and other early-stage exploration projects, took the decision to streamline its operations despite already having invested over US$10 million at Gaika.
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Vubachikwe Mine
Vubachikwe Mine Gwanda Vubachikwe Mine is located in the province of Matabeleland South, Zimbabwe. It is located about 8 km north-west of Gwanda. Vubachikwe and Blanket Mines form part of the Sabiwa group of mines. A …
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Gold panners invade Vumbachikwe Mine
PANNERS are reportedly sneaking into the closed Vumbachikwe Mine in Gwanda, Matabeleland South province, to extract gold, NewsDay has learnt. One of the suspected gold panners was hit by a...
WhatsApp: +86 18221755073
The Chronicle
FORBES and Thompson Bulawayo (Private) Limited, trading as Vubachikwe Mine, has been taken to court by its creditors seeking a court order to place the gold mining giant under supervision and...
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Quelled-Off Vumbachikwe Mine Spouse Demo Brews Likely …
Tuesday the 8th of November 2022 saw more than five hundred disgruntled Vumbachikwe (known as Forbes and Thompson Duration Gold Mine) spouses of mine workers descend on the mine entrance and block ...
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Vumbachikwe allays 'mass worker exodus' allegations
VUMBACHIKWE Mine in Gwanda has allayed word of a mass exodus of mineworkers insinuated by whistle-blowers and picked on by the media calling the allegations "unfortunate but expected wherever change is being implemented in any establishment". ... The Gwanda-based gold mine had been plagued by operational problems that saw a delay in the ...
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Vubachikwe Mine moves to restore key social amenities
Vubachikwe Mine moves to restore key social amenities - IT was a scene unlike any other on Vubachikwe Gold Mine in Gwanda. The date is 8 November 2022. A sea of marauding thugs hiding behind a misinformed frontline comprising mine worker's wives moving in under the cover of darkness to wreak havoc. The real intended plan behind ...
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Vumbachikwe Mine faces corporate rescue.
Vumbachikwe Mine, situated in Gwanda and owned by Duration Gold, reportedly owes various creditors, including workers, the Zimbabwe Revenue Authority and Zesa Holdings more than US$10 million.
WhatsApp: +86 18221755073
The Chronicle
Vumbachikwe Mine. To embark on this systematic journey, Duration Gold meticulously searched for all available historic data, not only in Zimbabwe's well-regarded Geological Survey but also in ...
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Vubachikwe Gold Mine Near Gwanda, Zimbabwe
The Vubachikwe Gold Mine is located in close proximity to the town of Gwanda in Zimbabwe. This gold mine primarily operates as a surface mining operation, extracting valuable gold deposits …
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Vumbachikwe Mine faces corporate rescue
The Gwanda-based Vumbachikwe Mine, which is owned by Duration Gold, shut down around the end of last year after workers went on strike over unpaid wages and poor …
WhatsApp: +86 18221755073
Forensic Report Dashes Hopes for Vumbachikwe …
A forensic report conducted by South Africa's ForFar Forensics has flagged the reopening of Vubachikwe Gold Mine, citing several issues such as mismanagement, mounting debts, and unscrupulous operations.
WhatsApp: +86 18221755073
Environmental crisis looms at Vumbachikwe... amid concern …
ENVIRONMENTAL crisis is reportedly looming at Vumbachikwe mine in Gwanda after the management set up an allegedly substandard elution processing facilities wrapped around by a sail above ground ...
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Vubachikwe Mine seeks to resume operations
Vubachikwe, a gold mine which lies about 8km north-west of Gwanda, in Matabeleland South Province, seeks to resume operations that were halted following violent protests that saw the destruction of infrastructure.
WhatsApp: +86 18221755073
Gold mine shuts down after strike causes …
A gold mine located about 8 km north-west of Gwanda has temporarily suspended its mining operations after a strike and riot which occurred on the 8th of November damaged property....
WhatsApp: +86 18221755073