Overview

Falcon Gold Zimbabwe Limited engages in the mining of gold. It owns Dalny mine located in Chakari; Venice Mine in Kadoma; and Golden Quarry mine located in Shurugwi. The company was founded in 1991 and is based in Bulawayo, Zimbabwe. 

It is a Zimbabwe-based gold mining and exploration company  located within the Gweru-Shurugwi Greenstone Belt, similar to the Greenstone belts found in both Canada, and Australia, this belt had produced 6.5% of Zimbabwe’s total gold production through 1984. 

Mineralization at the Golden Quarry Mine occurs in a brecciated stockwork of quartz and quartz-carbonate veins and veinlets within a wide alteration zone. The Golden Quarry Mine is now producing gold and is expected to contribute meaningful gold production to New Dawn’s total annualized gold output while also providing significant exploration potential.. 

The Company's mining property includes the Golden Quarry/Camperdown Mine. It also has an operational processing plant and ancillary infrastructure, which would provide central processing plant to treat ore from Pickstone. The asset is located in Zimbabwe.

Falcon Gold Mine has completed a corporate re-organisation that entailed a share consolidation, effective December 6, 2013, followed by an emigration to the Cayman Islands, effective December 31, 2013, both of which were approved at a special meeting of the shareholders on November 19, 2013. 

In addition, the Company was delisted from the Toronto Stock Exchange on November 20, 2013 at the Company's request. Any shareholders who have not read the information distributed to shareholders for the meeting on November 19, 2013, are advised to consult either their professional financial advisor or stock broker or read the management information circular and letter of transmittal posted under the “Financial Reporting and Other Disclosure Items” page included under the tab “Corporate” on the Company’s home page.

Effective December 31, 2013, Jon W. North and Philip G. MacDonnell resigned as directors of the Company and Graham R. Clow retired from his position as Chief Financial Officer and Corporate Secretary of the Company.

OVERALL


Beta:

--

Market Cap(Mil.):

$2.78

Shares Outstanding(Mil.):

111.17

Dividend:

--

Yield (%):

--

FINANCIALS

 

FALG.ZI

Industry

Sector

P/E (TTM):

--

53.73

22.69

EPS (TTM):

-0.05

--

--

ROI:

--

2.08

7.54

ROE:

--

11.17

9.9

Managers

Name

Since

Title

Jack P. Murehwa

2010

Chief Executive Officer & Executive Director

Ian Robert Saunders

2010

Chairman

Qubeka Nkomo

2010

Secretary, Director & Finance Director

Simba Basil Nyabadza

-

Non-Executive Director

About Us

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