China fund says it has SA govt backing for its Pamodzi Gold overture

The China Africa Development Fund (CADF), which is funding former Pamodzi Gold managements' bid to save the company from liquidation, said on Thursday that it had "clear support" from South Africa's Department of Minerals and Energy to participate...

Bid for entire Pamodzi Gold group is faster, higher – Kobus du Plooy

The bid for the entire Pamodzi Gold group had the potential to be concluded far faster than any of the other deals on the table and offered a significantly higher final amount of R1,7-billion, Pamodzi Investment Holdings executive director Kobus...

Stricken Pamodzi Gold set to fight on in face of Orkney provisional liquidation

The stricken Pamodzi Gold was all set to fight on last Friday, despite the provisional liquidation order granted against it. “We’ve lost round one,” was the comment of determined Pamodzi Gold CEO Peter Steenkamp as he revealed that April 14...

Pamodzi Gold’s court commitment points to possible turning point

The decision of Pamodzi Gold to oppose a liquidation application in the Pretoria High Court points to a possible turning point for the better for the black-owned gold junior that is battling a high-profile cash crisis. The High Court on Tuesday...

‘I think we've saved the company' – Pamdozi Gold on global cash dash

"I think we've saved the company," Pamodzi Gold chairperson Ndaba Ntsele said on Friday, after touching down from his multicountry capital-raising road show. "I'm extremely positive," an enthusiastic Ntsele told Mining Weekly Online of the...

Recapitalised Pamodzi Gold puts ‘robust' new business plan to board

The recapitalised Pamodzi Gold this week put its new business plan to the board.

Company Announcement: Gerard Kemp to lead Pamodzi Resource Fund's Dream Team

Attached please find a press release on: Pamodzi Investment Holdings (“Pamodzi”) today announced that Gerard Kemp, one of the country’s foremost resources experts, will head the “dream team” to manage the...

Billion-dollar-plus investment fund moving rapidly to firm up deals

South Africa's biggest black-owned investment company Pamodzi Investment Holdings' recently launched, resources sector focused, private equity fund expects to announce its first deals in the last quarter of this year.

Pamodzi launches $1,3bn resources-focused private equity fund

South African investment house Pamodzi Investment Holdings (Pamodzi) on Friday launched a South African-led private equity fund with $1,3-billion available for investment, making it the largest on the continent.

Pamodzi's Ntsele recalls Soweto teacher's lesson on Anglo as he leads black-owned gold company to 2007 doubling

Ndaba ‘I’m a golden boy’ Ntsele was born in the City of Gold, but never dreamt he would one day chair a gold company listed in the Golden City. He grew up in Joburg and would onoccasion pass the Rand Club, where he and his pals...

Not just black empowerment, but black control is in as first black gold company lists on JSE

Black empowerment is no longer enough; these days black contol is the new aspiration.

December 11 listing for JSE's first black-controlled gold company

South Africa's first black-controlled gold-mining company would list on the Johannesburg Stock Exchange (JSE) on December 11, Pamodzi Gold CEO Ken Steenkamp said on Wednesday. Pamodzi Gold would be on the gold-mining sector of the JSE's main...