Falgold suspension lifted as ZSE gains 8%

The ZSE's bullish run continued with an 8% rise, with three counters triggering the 20% circuit breaker mark. The session yielded 25 risers and zero fallers as small trades pushed strong gains in sele...

By Staff reporter | Published: 24 September 2019


Falgold ceases gold production

Troubled mining group Falgold Zimbabwe published its delayed financial statements for the year ended 31 September 2018. During this period the group's net loss after tax widened by 609% to US$4.9 mill...

By Staff reporter | Published: 14 August 2019


ZSE suspends Falgold

The Zimbabwe Stock Exchange Limited (ZSE) has suspended Falcon Gold Zimbabwe Limited (Falgold) from trading on the local bourse after the gold miner failed to publish its financial results for the yea...

By Staff reporter | Published: 07 February 2019


Falgold fails to publish FY results

LISTED miner Falcon Gold Zimbabwe has failed to publish its financial results for the financial year to September 30 this year, citing operational challenges which have been worsened by inadequate for...

By Staff reporter | Published: 20 December 2018


Falgold pins hopes on industry reforms

Zimbabwe Stock Exchange listed gold producer Falcon Gold says the local gold production industry could grow significantly if government effects reforms on the tariff and tax regime. The country's mini...

By Staff reporter | Published: 05 July 2018


Prolonged job action cripples Falgold operations

LISTED mining group, Falcon Gold (Falgold) Zimbabwe, says its operations in the half year ended March 31, 2018 have been largely affected by a strike which lasted for three months at its Golden Quarry...

By Staff reporter | Published: 05 July 2018


Falgold narrows loss

Zimbabwe Stock Exchange-listed gold producer, Falcon Gold (Falgold), has narrowed its losses to $1,68 million in the half year to March 31, 2018 compared to $2,4 million in the same period last year.H...

By Staff reporter | Published: 02 July 2018


Falgold seeks to raise $30m

Zimbabwe Stock Exchange listed gold miner, Falcon Gold, is targeting to raise $30 million to finance a tailings treatment plant, working capital and exploration on four gold assets in Shurugwi, Midlan...

By Staff reporter | Published: 02 May 2018


Falgold fails to contain crippling strike

LISTED mining group, Falcon Gold (Falgold), says the ongoing strike at its Golden Quarry Mine in Shurugwi will have an adverse impact on the operations of the mine for an indefinite period.Workers at ...

By Staff reporter | Published: 08 March 2018


Falgold faces uncertain future

ZIMBABWE Stock Exchange (ZSE) listed gold miner, Falcon Gold Zimbabwe, says the future of its remaining two mines in the country is uncertain due to a deteriorating economic environment, characterised...

By Staff reporter | Published: 06 July 2017


ACR, Falgold agree to extend Dalny mine payment date

Zimbabwe-focused multi-commodity resource development company, African Consolidated Resources (ACR) has said it has reached an agreement with Falcon Gold to extend the date for the payment of the outs...

By Staff reporter | Published: 24 July 2014


Falgold revenue falls

ZIMBABWE Stock Exchange-listed firm Falcon Gold said revenue for six months to this March fell 56 percent following the shutdown of Dalny Mine in August last year.Sales from the bullion declined to $6...

By Staff reporter | Published: 24 June 2014


ACR to pay $8m for Falgold's Dalny gold mine

AIM-listed resources and development company African Consolidated Resources (ACR) is set to acquire Falgold's mothballed Dalny gold mine for $8 million.ACR is currently undertaking due diligence on th...

By Tawanda Musarurwa | Published: 16 June 2014


Minings falter as Falgold plunge 60%

Industrials scratched out modest gains at week's ending largely on higher bids in Colcom, TSL and TA Holdings while Falgold shares plunged 60% to trade at 4c, its lowest level in 2 years, resulting ...

By Staff reporter | Published: 28 October 2013


ZSE:- Minings jump 6.45% on upbeat Falgold

Falgold share price jumped 5.99c or 59.84% to 16c after reporting positive gold output figures for the quarter ending March 2013 at its gold mines to help the Minings rise a significant 6.45% to 71...

By Business reporter | Published: 10 June 2013


ZSE Market Report:- Falgold steers Minings as volumes dip

ZSE's Minings jumped 3.36% in hushed Monday trades after gold miner Falgold gained 3.01c to 16.01c whilst the Industrials managed modest gains in thin volumes.The Industrials Index gained 0.06 point...

By Business reporter | Published: 10 June 2013

Latest News

Latest Published Reports

Latest jobs