Puno’s court bid to halt CRG trial mining fails

Puno Gold Investments has again been unsuccessful in a court bid to prevent Central Rand Gold (CRG) from continuing with trial mining at its Consolidated Main Reef, Langlaagte, City Deep and Crown Mines tenements. CRG told shareholders in a...

Central Rand Gold raises £3,7m to complete trial mining

Gold junior Central Rand Gold (CRG) on Friday undertook a share placement to raise £3,7-million, which would be used as working capital to complete trial mining at its Witwatersrand tenements. The JSE- and LSE-listed company had placed about...

FSB rejects Puno complaint against Central Rand Gold

The Financial Services Board (FSB) has rejected black-empowered Puno Gold Investments’ complaint against Central Rand Gold (CRG) that it had issued false information to investors, while Puno’s appeal into an earlier South Gauteng High Court...

Central Rand Gold’s BEE partner to appeal court ruling

Black-empowered Puno Gold Investments has again brought an application against junior gold-miner Central Rand Gold (CRG), this week, applying for leave to appeal the South Gauteng High Court’s earlier decision to dismiss Puno’s interdict with...

Court dismisses Puno interdict, CRG to continue trial mining at Johannesburg properties

Junior miner Central Rand Gold (CRG) on Thursday reported that the South Gauteng High Court had dismissed the urgent interdict, sought by black-empowered Puno Gold Investments, to halt trial mining at the Consolidated Main Reef, Langlaagte, City...

Central Rand faces legal battle to buy BEE partner’s stake in SA unit

Puno Gold Investments, the black economic-empowerment (BEE) partner of JSE-listed Central Rand Gold South Africa (CRGSA), has instituted an urgent application with the South Gauteng High Court to interdict the gold-miner from proceeding with the...

Central Rand Gold granted new mining rights in SA

Gold mining and exploration company Central Rand Gold South Africa (CRGSA) has been granted new-order mining and prospecting rights over seven new tenements, parent company Central Rand Gold (CRG) announced on Thursday. The Department of Minerals...

CRG buys BEE partners' stake in SA subsidiary

JSE-listed Central Rand Gold (CRG) has exercised the call option, granted in its shareholder agreement with black-economic empowerment (BEE) consortium partner Puno Gold Investments, to acquire Puno’s 26% interest in CRG South Africa, the main...