New Pamodzi liquidators to reopen fraught sales process

New sale in liquidation notices have been published for the troubled Orkney, Consolidated Modderfontein, Grootvlei and Nigel gold mines and associated assets, previously owned and operated by Pamodzi Gold, which was provisionally liquidated in...

Three illegal miners die at open Grootvlei shafts − Solidarity

Trade union Solidarity on Tuesday said that the Department of Mineral Resources (DMR) should be held partly responsible for the death of three people at the stripped Grootvlei mine near Springs. This comes after the latest incident where an...

No place for companies like Aurora in SA – Vavi

The government should launch an investigation into Aurora Empowerment Systems, which is led by Khulubuse Zuma and Zondwa Mandela, as well as the dismissed liquidators, Cosatu general secretary Zwelinzima Vavi said on Thursday. Addressing the...

Spat over Pamodzi liquidators’ R43m fee turns on gold’s movability

Another spat has emerged around the marathon liquidation of the former JSE-listed Pamodzi Gold, but this time not around the preferred Aurora bidder for the Orkney and Grootvlei gold mines, but rather fallout around Harmony Gold’s purchase of...

Gold’s movability validates decried R43m Pamodzi fee – liquidator

The movability of gold validates the 10% fee that liquidators charged for selling Pamodzi's Free State gold mine to Harmony Gold, says lead liquidator Enver Motala. The liquidators sold the President Steyn gold mine for R439,6-million and charged...

Offspring of South Africa’s iconic struggle veterans 
take to the gold stage

The offspring of the iconic Nelson Mandela and South African President Jacob Zuma have taken to the stage in South Africa’s ever-changing gold-mining industry.

Initiating a ‘new golden struggle’ is Nelson Mandela’s grandson, Zondwa...

Harmony Gold swoops up key new Free State 
gold asset

South Africa’s third-biggest gold mining company has won an important chess piece in the Free State.

 The company has made a strategic move in securing the pivotal President Steyn gold mine.



Daily podcast - June 29, 2009

In today's podcast, Anglo American builds its defences against a £41-billion merger approach from Xstrata by planning talks about a major Chinese investment; and Harmony Gold says that the mining assets of the provisionally liquidated Pamodzi...

Daily podcast – June 26, 2009

In today's podcast: the interim increase in electricity tariffs would add an additional R2-billion in costs to the South African mining industry; and about four Indonesian investors are interested in taking over a coal project owned by BHP Billiton.

Pamdozi Free State a boost for preferred bidder Harmony Gold – Briggs

The mining assets of the provisionally liquidated Pamodzi Gold Free State had the potential to add 150 000 oz/y to Harmony Gold, which was selected as the preferred bidder at the weekend. Harmony CEO Graham Briggs said the assets also had the...

Daily podcast – June 19, 2009

In today's podcast: Simmer & Jack's offer for struggling gold mining company Pamodzi's Orkney operations has lapsed; and Shanduka Gold exchanges its 26% shareholding in the Barberton Mines for a 21% stake in junior mining company Pan African...

Simmers’ offer for Pamodzi’s Orkney mine lapsed

JSE-listed Simmer & Jack’s (Simmers’) offer for struggling gold mining company Pamodzi’s Orkney operations had lapsed, making it void, CEO Gordon Miller said on Thursday. The offer for the provisionally liquidated Pamodzi mine in the North...