ZIMBABWE

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

MINING & RETAIL

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

ZIMBABWE

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

BUSINESS NEWS

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

MINING & RETAIL

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

MINING & RETAIL

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

MINING & RETAIL

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

MINING & RETAIL

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

MINING & RETAIL

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

ANNOUNCEMENTS

FALG.zw | Audited Financial Results FY17

Financial Highlights:– Revenue $ 6 894 732– Gross loss $ (3 629 855)– Net operating loss $ (5 163 726)– Loss before taxation from continuing operations $ (5 157 511)– Loss for the year $ (75...

By FALG | Published: 01 February 2018

MINING & RETAIL

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

LATEST PUBLISHED REPORTS

FALG.zw | Unaudited Financial Results HY17

Financial Highlights:- Sales of gold bullion $ 3 658 297- Gross loss $ (1 966 956)- Operating loss $ (2 512 386)- Loss from continuing operations $ (2 538 628)- Total loss for the half year $ (2 423 8...

By FALG | Published: 05 July 2017

ANNOUNCEMENTS

FALG.zw| RIOZ.zw | Joint Announcement

RioZim Limited and Falcon Gold Zimbabwe Limited issued the following joint announcement:"Following the unanimous support of the shareholders of RioZim and Falgold, we are pleased to announce the appro...

By A | Published: 05 July 2017

ANNOUNCEMENTS

FALG.zw | Results of Extraordinary General Meeting

The Directors of Falcon Gold Zimbabwe Limited announced that all resolutions put to vote at the Extraordinary General Meeting of the Company that was held on 22 March 2017 were unanimously passed… ...

By A | Published: 05 July 2017

ANNOUNCEMENTS

FALG.zw | Notice of Extraordinary General Meeting and Circular to Shareholders

Details:Notice is hereby given that an Extraordinary General Meeting ("EGM") of the members of the Company will be held at 10:00 hours on Wednesday 22 March 2017, in the KPMG Board Room, 133 Josiah To...

By A | Published: 05 July 2017

ANNOUNCEMENTS

FALG.zw | Notice of Annual General Meeting

Details:Notice is hereby given that the 26th Annual General Meeting of Falgold will be held in the KPMG Building, corner 14th Avenue/Josiah Tongogara Street, Bulawayo on Wednesday 22 March 2017 at 110...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

FALG.zw | Audited Financial Results FY16

Financial Highlights:- Revenue $ 9 009 518- Gross loss $ (1 351 808)- Net operating loss $ (2 689 497)- Loss before taxation from continuing operations $ (2 353 685)- Loss for the year from continuing...

By A | Published: 04 July 2017

ANNOUNCEMENTS

FALG.zw| RIOZ.zw | Further Transaction Update

Further to the Transaction Update published on 5 December 2016, RioZim Limited ("RioZim") and Falcon Gold Zimbabwe Limited ("Falgold") wish to update their valued Shareholders and other stakeholders o...

By A | Published: 04 July 2017

ANNOUNCEMENTS

FALG.zw| RIOZ.zw | Further Transaction Update

Further to the Announcement to Shareholders published on 14 November 2016, RioZim Limited ("RioZim") and Falcon Gold Zimbabwe Limited ("Falgold") wish to update their valued Shareholders and other sta...

By A | Published: 04 July 2017

ANNOUNCEMENTS

FALG.zw| RIOZ.zw | Transaction Update

Further to the Announcement to Shareholders published on 17 October 2016, RioZim Limited ("RioZim") and Falcon Gold Zimbabwe Limited ("Falgold") wish to update their valued Shareholders and other stak...

By A | Published: 04 July 2017

ANNOUNCEMENTS

FALG.zw| RIOZ.zw | Announcement to Shareholders

The Directors of RioZim Limited ("RioZim") and Falcon Gold Zimbabwe Limited ("Falgold") are pleased to announce to their Shareholders and other stakeholders that, following negotiations between the tw...

By A | Published: 04 July 2017

ANNOUNCEMENTS

FALG | Results of Extraordinary General Meeting

The directors of Falcon Gold Zimbabwe Limited wish to advise all shareholders that on 13 August 2014, the Company held an Extraordinary General Meeting. The Resolution was duly passed with the requisi...

By FALG | Published: 29 August 2014

MINING & RETAIL

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

ANNOUNCEMENTS

FALG | Notice of Extraordinary General Meeting

In terms of the Company's Memorandum and Articles of Association notice is hereby given that an EGM of shareholders of Falcon Gold Zimbabwe Limited will be held at 1ST Floor, KPMG House, 133 Josiah To...

By FALG | Published: 22 July 2014

LATEST PUBLISHED REPORTS

FALG | Unaudited results for HY ended 31 Mar 14

Financial Highlights:- Sales of gold bullion: $ 6 314 346- Gross loss: $ (367 439)- Other operating income: $ 249 492- Operating loss: $ (1 609 953)- Loss before tax: $ (1 658 367)- Loss for the perio...

By FALG | Published: 24 June 2014
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