NAME OF APPLICANT: CHINA AFRICAN PRECIOUS …
In late 2009, Aurora Empowerment Systmes took over management of the Orkney Operations. The operations remained dormant until 2011, when Pamodzi Gold entered into a sales agreement with with CAPM in August 2011. The sales agreement with CAPM included the full acquisition of all assests of the Orkney Gold Mine.Web
اقرأ أكثرZuma's confidante in Chinese purchase of Orkney
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
اقرأ أكثرGrootvlei (& Cons Modderfontein from June 1997) (Closed) gold mine
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
اقرأ أكثرPamodzi Gold tarnishes
Pamodzi Gold chief executive Peter Steenkamp was unavailable for comment. Tags: ESKOM, Financial Crisis, Gold Mining Industry, Pamodzi Gold, South Africa, Thembelihle Tshabalala, Trade UnionsWeb
اقرأ أكثرRainmaker: Can Peter Steenkamp finally inject growth into Harmony Gold
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
اقرأ أكثرFight over lawyer's R11.3m fees in Aurora mining debacle
The High Court in Pretoria has ordered lawyer John Walker to hand over financial records related to R11.3-million in legal fees he accumulated in the decade-long Aurora mine saga. Walker was the ...Web
اقرأ أكثرPamodzi miners to stage mass protest over jobs | Reuters
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
اقرأ أكثرMining and the environment: the inescapable case of Harmony Gold Mining
Pamodzi had failed to fully comply with the monthly contributions owed by all the mining companies for the on-going rehabilitation of the water and eventually Pamodzi went bankrupt. Harmony Gold resumed the obligations under the directive but nevertheless sought release first from the DWA who refused and then in the High Court.Web
اقرأ أكثرTHE SUPREME COURT OF APPEAL OF SOUTH AFRICA …
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
اقرأ أكثرmiddelvlei gold mine
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
اقرأ أكثرHarmony Gold Mining Company Ltd v Regional Director:Free …
[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
اقرأ أكثرNUM lambasts CAPM's plans to retrench up to 200 Orkney miners
Mining Weekly reported in October 2012 that CAPM had acquired then-liquidated miner Pamodzi Gold's Orkney gold mine, in the North West.. On August 13, Mining Weekly contacted CAPM for comment ...Web
اقرأ أكثر(PDF) A NOTE ANALYSING THE DECISION OF HARMONY GOLD MINING …
II FACTS OF THE CASE Harmony Gold was one of the many companies that conducted mining operations in the KOSH area from 2003 until 2007.6 In 2007, the land and mining operations were sold to Pamodzi Gold Orkney (Pty) Ltd, which effectively took over took over all of Harmony's obligations and operations in February 2008.7 One …Web
اقرأ أكثرHarmony's acquisition of Pamodzi Gold's Free State assets …
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
اقرأ أكثرPamodzi mine liquidators slug it out
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
اقرأ أكثرChina's JCHX designs Orkney gold mine plan for CAPM
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
اقرأ أكثر(PDF) Black economic empowerment policy and the transfer
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
اقرأ أكثرHarmony Gold Mining Company Ltd v Regional Director: Free …
It thereafter managed Armgold's mining operations and exercised control over the land in doing so. The ownership of the land however remained vested in Armgold. On 29 August 2007 Armgold sold the mine, including the land, to Pamodzi Gold Orkney (Pamodzi). The sale became unconditional and was implemented in February 2008.Web
اقرأ أكثرWelkom | South African History Online
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
اقرأ أكثرPamodzi Gold acquires South African mine | Gold News
London-listed gold-mining company Thistle Mining has announced its plans to accept a bid from Pamodzi Gold for its South African gold mine President Steyn.Thistle's board …Web
اقرأ أكثرSALE OF ASSETS AGREEMENT (WASTE ROCK DUMP) between PAMODZI GOLD …
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
اقرأ أكثرPamodzi Gold Limited Stock price
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
اقرأ أكثرBADM4 LP1 Class Activity 9.docx
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
اقرأ أكثرGold One, Goliath Gold Set to Acquire Pamodzi Grootvlei Assets
South African mining companies, Gold One and Goliath Gold have conditionally agreed to buy the liquidated Pamodzi Gold Grootvlei assets for R70m ($8 …Web
اقرأ أكثرPamodzi: End in sight | News24
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
اقرأ أكثرPamodzi Gold Limited and Orkney Business owned by African …
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
اقرأ أكثرBefore and After: the devastation wrought by Zuma
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
اقرأ أكثرPamodzi`s Grootvlei mines finally sold
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
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