Zimbabwe’s biggest gold mines are being snapped up by Mauritius-based Sotic International Ltd. as the price of bullion soars to the highest in more than eight years. Sotic International says it is targeting six more mines after its arm, Landela Mining Ventures, completed the takeover of Metallon’s Shamva operation. Landela‘s targets include four idle state-owned
<p>Mzi Khumalo’s Metallon has completed the sale of Shamva Mine to Kuda Tagwirei’s Landela Mining Ventures, while the sale of Mazowe Mine is expected shortly. The transaction represents a change of guard in the industry. Metallon was once the country’s largest gold producer. It is now down to just a single working operation, How Mine […]</p>
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