Thousands strike as Mandela-Zuma's Aurora gold retrenches

The fledgling gold-mining company Aurora Empowerment Systems is suffering strain. It is headed by former President Nelson Mandela's grandson and President Jacob Zuma's nephew and it is shedding a large number of jobs. A total of 1 440 jobs are...

Mandela/Zuma company bids R215m for Pamodzi Gold Orkney, preserves jobs

Black economic-empowerment company Aurora Empowerment Systems, of which President Jacob Zuma's nephew Khulubuse Zuma is chairperson and Nelson Mandela's grandson Zondwa Mandela is MD, has bid R215-million for the provisionally liquidated assets of...

$150m for Pamodzi Gold, $500m for mining as ‘first tranche’ – Sekunjalo

A consortium of South African and Middle Eastern investors was at the ready to buy the provisionally liquidated Pamodzi Gold for $150-million and invest the rest of a $500-million fund at its disposal as the “first tranche” of an elaborate...