About Us

Zimbabwe’s rich mineral endowment—ranging from gold, granite and rare earth minerals—provides an immense opportunity for growth. However, many mining sites remain under explored, mismanaged, or constrained due to outdated infrastructure or limited capital. Toronto Group bridges this gap by revitalizing existing mining operations and developing greenfield sites to their full potential.

Our Mines

Gold Mine and Jiasheng entered strategic joint venture (75/25) to exploit both underground and open pit mineral resources. This collaboration leverages the strengths and expertise of both companies to optimize resource extraction and production. The JV is targeting to produce from 2025 40KGs of gold on a monthly basis.

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Champion Mine is operated by Ming Chang Sino Africa, one of Zimbabwe’s leading gold producers, with an impressive annual gold production of 2 tonnes. The mine is estimated to host a substantial resource of 900,000 ounces of gold. The Toronto Group collects a royalty from Sino-Ming Chang for its operations. A residual royalty interest of up to 33%.

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Forest Ridge, one of the largest heap leach operators in the country sought to partner Toronto on this project. The partnership is based on a production royalty structure for the mining of the banded iron formation, which is being exploited using the heap leach method. The resource is an estimated US$250-300m. Monarch Shares a boundary with Monarch Mine Mozambique, which has an annual production of 2,000 ounces of gold.

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Arcturus is wholly owned and operated by Toronto Mines

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It is a high grade Quartz reef deposit. Currently under exploration, once developed it will be mined to augment the ores of Toronto Mine and centrally processed

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It hosts high grade quartz reefs with grades up to 15g/t. The ores from the operation prior to closure were used to sweeten the ores mined at Champion mine by Lonrho.

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Building a diversified portfolio of high-value mining assets across Zimbabwe, Toronto is unlocking opportunities across multiple commodity classes, including gold, granite, sand, and other strategic minerals.

Building and maintaining trust-based, mutually beneficial partnerships with key stakeholders, local communities, and government entities, Toronto fosters an ecosystem where all parties thrive.

With a proven track record in revitalizing underutilized assets, our name is synonymous with reliability and profitability for investors seeking reliable, high-growth opportunities in Zimbabwe’s mining sector.

We specialize in cost-effective operations that maximize the value of underutilized mining assets.

Key OBJECTIVES

Toronto Mines aims to establish a pan-African resources group that delivers strong returns for its shareholders and significantly contributes to the communities where we operate

Sustainability and Community Projects

Sustainability lies at the heart of Toronto Mines. Our  comprehensive approach includes:

Implementing eco-friendly mining practices, such as proper waste disposal, water recycling, and land rehabilitation.

Transitioning to renewable energy sources and reducing carbon emissions.

Supporting local economies by creating jobs, funding education initiatives, and improving healthcare infrastructure.

Offering training programs to empower the workforce and uplift the surrounding communities.