Pamodzi Gold is currently under provisional liquidation . During a joint media briefing, the two unions also said they had requested the Master of the High Court to urgently investigate the dealings of certain liquidators, especially Enver Motala . Back at the mine, workers and illegal miners are ransacking the capital goods .Web

Support Activities for Mining Metal Ore Mining Mining, Quarrying, and Oil and Gas Extraction Printer Friendly View Address: PAMODZI GOLD HEAD OFFICE, EASTGATE OFFICE PARK SOUTH BOULEVARD, BRUMA, …Web

A North Gauteng High Court judge in Pretoria late on Tuesday approved the acquisition of Pamodzi Gold's Free State assets by Harmony Gold for R405 million, …Web

On April 17, 2009, Pamodzi Gold East Rand, Nigel Gold Mining, Consolidated Modderfontein Mines 1979, Grootvlei Proprietary …Web

Harmony Gold Mining Co. HARJ.J, the world's fifth biggest gold producer, owns about 32 percent of Pamodzi and has had to write off huge sums as losses owing to the junior miner's woes.Web

Monday, 22 February 2010. Harmony Gold Mining Company Limited (Harmony) is pleased to announce that all conditions precedent relating to its acquisition of the Pamodzi Gold Free State (Proprietary) Limited's assets (Pamodzi Gold's Free State assets), have been fulfilled and that the deal has now become unconditional.Web

In 1998 the mine was acquired from Harmony by Petra Mining, owner of the neighbouring Nigel operation, which is included in the analysis shown here from 1999 onwards. Bema Gold Corporation acquired Petra in 2003 and ownership passed to Pamodzi Gold in 2006. Operations are run by Pamodzi under the East Rand Mining …Web

Pamodzi Gold Limited - Company Snapshot - Alacra. The Company has gold mining operations in the East and West Rand of Gauteng Province ... (PGWR)'s Middelvlei opencast mine situated 55 kilometers southwest …. This page is about middelvlei gold mine, click here to get more infomation about middelvlei gold mine.Web

[11] On 29 August 2007 ARMGold entered into a sale of business agreement with Pamodzi Gold Orkney (Pty) Ltd (Pamodzi) in terms of which Pamodzi acquired the entire gold mining business and land of ARMGold in the KOSH area, and it assumed all Harmony's obligations, including those arising from the directive, in respect of the mining operations ...Web

Solidarity today welcomed the sale of liquidated Pamodzi Gold's Orkney mine in North West for about R140 million to China African Precious Metals (CAPM), but cautioned that …Web

Share. Pamodzi Gold Orkney (PGO) was placed in provisional liquidation on March 20, 2009, by order of the North Gauteng High Court, pursuant to an application launched by Engineering Labour Hire ...Web

Gold One and Goliath Gold are heroes who have brought hope for thousands of former Pamodzi and Aurora mineworkers of the Grootvlei mines, trade union Solidarity said …Web

2.2.27 "Seller" means Pamodzi Gold Free State (Proprietary) Limited (in provisional liquidation), registration number 1998/019764/07, a limited liability private company duly incorporated in the Republic of South Africa, duly represented herein by the Liquidators; 2.2.28 "Seller's Designated Account" means the bank account nominated by the Seller, …Web

The Pamodzi/Aurora Gold Mining Company was an AMD case symptomatic of what was happening in terms of AMD all over Gauteng Province. At the end of 2008, Pamodzi Gold Mining was provisionally liquidated and its shares suspended on the Johannesburg Stock Exchange. But with the suspension of Pamodzi Gold's East Rand …Web

Key Takeaways. Liquidators managing the assets of the failed Pamodzi Gold mines in conjunction with the controversy-dogged Aurora Empowerment Systems are at one another's throats. The Mail & Guardian has seen correspondence in which a liquidator makes complaints that are apparently directed at the lead liquidator, Enver …Web

The operating companies in the Pamodzi Group were all gold mining companies that, having a collective debt of more than R1 billion, were described by the appellant himself as being 'hopelessly insolvent'. This had led to them being placed into liquidation in the hands of the Master. However, despite their insolvency, they each had …Web

The liquidation of the Pamodzi Group [7] It is necessary to place the dispute in its factual context and to detail the history of this litigation. The operating companies in the Pamodzi Group were all gold mining companies that, having a collective debt of more than R1 billion,Web

THE news last week that Khulubuse Zuma, the nephew of former president, Jacob Zuma, has been provisionally sequestrated is a reminder of the devastation wrought at the assets by Aurora …Web

Steenkamp is a hugely experienced mining engineer, with more than 39 years of experience in the industry on both coal and gold mines. He holds mine manager's certificates for both metal and fiery mines in addition to his BEng degree. He worked at Harmony from 2003 to 2007 before moving to African Rainbow Minerals.Web

20 Nov. -0.1%. +0.2%. +0.2%. Journalist Dianne Hawker details in her new book, 'How to steal a gold mine: The Aurora story', how Aurora mines was stripped of its assets over five years, and illicit payments were made to the families of the 'connected'. Despite a litany of evidence, little has been done to bring the perpetrators to book.Web

The Orkney gold mine is located in the Witwatersrand Basin. Discovered in 1852, it has been constantly in development and is divided into 7 mining blocks, with the deepest shaft going down to 2,300 m. ...Web

7 173 M $. KINROSS GOLD CORPORATION. +32.25%. 6 525 M $. Gold Mining. Stock. Equities. Stock Pamodzi Gold Limited - Johannesburg Stock Exchange. Pamodzi Gold …Web

Pamodzi: End in sight. Johannesburg - Negotiations to sell Grootvlei mine on the East Rand are in the final stages, the joint provisional liquidators of the Pamodzi group said on Wednesday. " (The) provisional liquidators would like to stress that they have taken all reasonable steps, given the problems they have faced in the administration of ...Web

"Seller" means Pamodzi Gold Free State (Proprietary) Limited (in provisional liquidation), registration number 1998/019764/07, a limited liability private company duly incorporated in the Republic of South Africa, ... "South Business" means the gold mining, ...Web

Pamodzi Gold Mining Follow View all 13 employees About us Plant Metallurgist Website Industry Mining Company size 1,001-5,000 employees …Web

Pamodzi Gold | 138 followers on LinkedIn. Plant Metallurgist. Pamodzi Gold | 138 followers on LinkedIn. ... Mining Follow View all 13 employees Report this company About us Plant Metallurgist ...Web

consortium whose main members were Pamodzi Investment . Holdings (51 %), Pamodzi Coal staff ... Its metal assets were put under general mining, gold and base metals (Samancor), pla num (Impala) ...Web

Unlike many gold-mining Towns, it was carefully planned from the beginning around a horseshoe-shaped Shopping and Administrative Area. ... The Mine was formerly operated by 'President Steyn Mining Company' and 'Thistle Mining' but with 'Harmony Gold's' acquisition of Pamodzi Gold's Free State assets, the Steyn 2 shaft has been …Web

China Africa Precious Metals (CAPM) has agreed to buy the Pamodzi Orkney gold mine for R150-million subject to conditions, the mine's provisional liquidators and the company said on Friday in a ...Web

Pamodzi Gold submitted that this transaction provides it with an opportunity to acquire mining assets at an attractive valuation and that the senior gold miners are incentivised, in terms of the Minerals and Petroleum Resources Development Act and the Mining Charter, to sell at least 26% of their equity to historically disadvantaged South ...Web

Wednesday, 9 September 2009. On 28 August 2009, Harmony Gold Mining Company Limited (Harmony) suspended its negotiations with the provisional liquidators of Pamodzi Gold Free State (Proprietary) Limited (in provisional liquidation) (Pamodzi Gold Free State) in respect of its acquisition of the assets of Pamodzi Gold Free State in order to allow ...Web

Peter Steenkamp was appointed chief executive officer and executive director on 1 January 2016. He has some 44 years' experience in the mining industry, including his last position as Senior Vice President: Mining of Mining Proprietary Limited, and executive positions at Harmony, from 2003 to 2007, and at African Rainbow Minerals …Web

South African mining companies, Gold One and Goliath Gold have conditionally agreed to buy the liquidated Pamodzi Gold Grootvlei assets for R70m ($8 …Web

Pamodzi Gold Free State (Proprietary) Limited (in provisional liquidation); and : 1.2 : Avgold Limited: 2 : INTERPRETATION: 2.1 : In this Agreement — ...Web

The battle around the final liquidation raged on before as well as after the liquidation was concluded. 2.1 Conduct a research on the process that was followed in the liquidation of Pamodzi Gold's Mining and corporate assets. In your research include an outline of the successes and the challenges that ensued when the liquidation process commenced.Web

Aurora Empowerment Systems was in charge of Grootvlei gold mine near Springs from 15 October 2009 to 26 May 2011. 2006 to 2009: Grootvlei mine near Springs in eastern Gauteng and Orkney mines in western Gauteng were owned by the Pamodzi group, until it went into liquidation in 2009 and the Aurora group took over. February 2009: During …Web

On 11 December 2009, the Tribunal approved with conditions the merger between Harmony Gold Mining Company Limited and Pamodzi Gold Free State (Pty) Ltd (in provisional liquidation). The reasons for approving the transaction conditionally follow. The parties. The primary acquiring firm is Harmony Gold Mining Company Limited ("Harmony Gold ...Web

Pamodzi Gold which was one of his mining ventures was liquidated. He had started it by approaching the mining majors who no longer thought it was profitable to mine from older mines. He offered to take over the gold mines and operate them in exchange for an option to increase their stake should the mining venture then list. This …Web

A North Gauteng High Court judge in Pretoria late on Tuesday approved the acquisition of Pamodzi Gold's Free State assets by Harmony Gold for R405 million, Enver Motala of SBT Trust said on ...Web