Khumalo may take Metallon to LSE

[miningmx.com] – MZI Khumalo, CEO of Metallon Gold, said he was considering listing his company on the London Stock Exchange.

“It’s going to depend on how many assets we can assemble so that when we list, we go onto the main board in London,’ Khumalo told Bloomberg News. The company had assets in the Democratic Republic of Congo and was seeking mines in Tanzania, he said.

By 2019, Metallon forecasts 500,000 ounces of gold production a year, said Khumalo. “We are in the final throes of securing assets in Tanzania. In March next year, we will have a definitive answer,’ he told Bloomberg News in respect of the planned listing.

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