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
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South African mining companies, Gold One and Goliath Gold have conditionally agreed to buy the liquidated Pamodzi Gold Grootvlei assets for R70m ($8 …Web
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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
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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
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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
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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
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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
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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
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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
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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
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Pamodzi Gold | 138 followers on LinkedIn. Plant Metallurgist. Skip to main content LinkedIn. Articles People Learning Jobs Join now Sign ... Mining Company size 1,001-5,000 employees Type Privately Held Locations Primary Get directions ...Web
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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
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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
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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
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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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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
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Pamodzi Gold Mining Follow View all 13 employees About us Plant Metallurgist Website Industry Mining Company size 1,001-5,000 employees …Web
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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
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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
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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
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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
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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
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"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
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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
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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
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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
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The Pamodzi Free State Assets consist of President Steyn 1 and 2 shafts, Loraine 3 shaft, Freddies 7 shaft and Freddies 9 shaft, a metallurgical gold plant and a dormant tailings storage facility. The Pamodzi Free State Assets will be purchased free from all liabilities, save for all rehabilitation and environmental liabilities associated with ...Web
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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
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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
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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
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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
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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
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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
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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
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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
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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
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