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The Inside Story: Twelve Years on Robben Island, Then a Gold Empire — How Mzi Khumalo Turned $15.5 Million Into Zimbabwe’s Largest Gold Producer, and Then Lost It



The Inside Story: Twelve Years on Robben Island, Then a Gold Empire — How Mzi Khumalo Turned $15.5 Million Into Zimbabwe’s Largest Gold Producer, and Then Lost It

































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In 2002 Mzi Khumalo paid $15.5 million for the Zimbabwean gold mines Lonmin no longer wanted. Within a decade they produced about 100,000 ounces a year and Metallon was the country’s largest gold miner. By 2019 the group owed roughly $200 million. The full arc of a contested career.

The Inside Story: Twelve Years on Robben Island, Then a Gold Empire — How Mzi Khumalo Turned $15.5 Million Into Zimbabwe's Largest Gold Producer, and Then Lost It

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