Simmers goes into its shell, sheds high-profile directors

The JSE-listed Simmer & Jack (Simmers), which has been reduced to a shell, has shed all those high-profile directors that hit past headlines. It is all about Village Main Reef now, which has soaked up all Simmers' main gold and uranium assets and...

Village foresees spectacular results from buy, fix, sell strategy

The JSE-listed diversified mining company Village Main Reef, fresh from its asset-merger with the diminishing Simmer & Jack, is intent on playing a very different game in South Africa’s mining sector, but one whose time may have come.

'No confidence’ call fails as Simmers sails into the sunset

The Simmer & Jack brand sailed into the sunset at the weekend as shareholders voted overwhelmingly in favour of its assets moving into the JSE-listed Village Main Reef, headed by mining personality Bernard Swanepoel, who was accused by a...

Troubled TGME gold to go below radar screen yet again

It wasn’t that long ago that journalists galore hot-footed it to Mpumalanga province to witness geologists’ core samples that pointed to a potential Carlin Trend-type resuscitation of the old Transvaal Gold Mining Estate (TGME) that’s had a...

Daily podcast – February 8, 2010

Gold Fields to cut its electricity consumption by another 50 MW; and Simmer & Jack Mines to review its options with regard to the company's 37% holding in First Uranium.

Simmers studies options for First Uranium stake

JSE-listed Simmer & Jack Mines has set up a special committee of directors to review its options with regard to the company's 37% holding in First Uranium, it reported on Friday. Simmers also said that Vusi Khanyile had been elected chairperson...

Simmers empowerment 
partner wins sway in lengthy boardroom battle

Vulisango was as little known as Jaganda before it, and many tongues battle to get around the pronunciation of Xelexwa. But the combination of all those has won significant sway within the gold-and-uranium mid-cap mining company, Simmer & Jack...

Fighting Simmers factions reach compromise, end board battle

Gold-and-uranium mid-cap Simmer & Jack Mines on Friday resolved its shareholder dispute after the fighting factions reached a behind-the-scenes compromise ahead of what was poised to be a public showdown on February 1. In a joint statement,...

Simmers shareholders spoilt for choice as they get chance to vote in new board

The shareholders of Simmer & Jack Mines (Simmers) are being given the opportunity to vote in a new board of directors, and they appear to be spoint for choice. The opportunity to bring some of mining's biggest names on to the board of the...

Simmers, First Uranium separation under way – Khanyile

Processes had begun to ensure the separating out of the operations of Simmer & Jack Mines (Simmers) and First Uranium, new Simmers nonexecutive chairperson Vusi Khanyile told Mining Weekly Online at the weekend. Khanyile described the need to...

Vulisango rejects new Simmers board

Disgruntled Simmer & Jack Mines (Simmers) empowerment partner Vulisango on Monday rejected the new interim Simmers board. The JSE-listed Simmers last week announced Theba chairperson Vusi Khanyile as its new nonexecutive chair and Deon van der...

Khanyile appointed as Simmers chair

The interim board of battered gold and uranium producer Simmer and Jack Mines (Simmers) has appointed Theba chairperson Vusi Khanyile as nonexecutive chair, the company announced on Friday. The interim board has also appointed Deon van der Mescht...