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pamodzi gold orkney mine

The ASIA Miner - China African Precious Metals buys Orkney

Orkney was an asset of Pamodzi Gold which went bankrupt in 2009 and had been given operational rights in the meantime. Aurora Empowerment Systems, led by a grandson of Nelson Mandela and nephew of President Jacob Zuma, was ordered by the liquidator to vacate the mine in May 2013 as workers went unpaid.

Cosatu Media Monitor 18 March 2009

1.2 Deadline looms for Pamodzi Gold to pay R25m debt Justin Brown, Business Report, 18 March 2009. Pamodzi Gold had until Friday to pay R25 million owed to two creditors, or its Orkney gold mine in North West would be placed in provisional liquidation, Judge Bill Prinsloo ruled yesterday in the North Gauteng High Court in Pretoria.

Pamodzi suitor JIC's technical team at Orkney gold mine ...

A technical team from mining services company JIC was doing an on-site technical study at Pamodzi Gold's provisionally liquidated Orkney gold mine …

Chinese to invest R600m to resuscitate liquidated Orkney ...

Chinese investors have agreed to a capital injection of R600-million into the dormant Orkney gold mine, bought out following the liquidation of the former JSE-listed Pamodzi Gold…

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NAME OF APPLICANT: CHINA AFRICAN PRECIOUS METALS …

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. CAPM Orkney Gold Mine therefore proposes to …

CAPM takes over Pamodzi - IOL

CAPM takes over Pamodzi. China African Precious Metals (CAPM) has taken control of Pamodzi Gold's Orkney mine, Pamodzi's liquidators said on Wednesday. "A …

ANGLOGOLD ASHANTI DISCONTINUES SERVICES TO …

supply of services to the Orkney mines currently under provisional liquidation. The mines are represented by provisional liquidator Enver Motala and others. Last September the liquidators entered into a management arrangement with Aurora Empowerment Systems. Our decision follows the failure of the liquidators of Pamodzi Gold Orkney to settle ...

More ANC leading figures embroiled in gold mines asset ...

The liquidation of the South African company Pamodzi Gold Limited led to the awarding of rights to the Orkney and Grootvlei gold mines to Aurora Empowerment Systems (AES) in 2009.

China's JCHX designs Orkney gold mine plan for CAPM ...

In October 2003, ARM merged with Harmony Gold and the mine's name changed to the Harmony Orkney operation. Pamodzi Gold bought the operations from Harmony Gold in March of 2008, however Pamodzi was provisionally liquidated in March of …

Sixth bleak Christmas for Pamodzi workers as Aurora ...

James Macamba is one of the miners who has been stranded at the Orkney mine that was once owned by Pamodzi Gold. In 2009 Pamodzi was liquidated and Aurora Empowerment Systems took over the mining ...

Aurora miners lose faith as court battle drags on

Liquidators of Pamodzi Gold, which owned the Grootvlei and Orkney mines when the company went into liquidation in 2009, are trying to recover more than R1.7-billion in …

NUM 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 …

South Africa: Liquidators Ask for More Time on Pamodzi Mines

PAMODZI Gold 's provisional liquidators will be filing an application today to extend the provisional liquidation orders on the group's East Rand, Free State and Orkney mines, liquidator Enver ...

THE SUPREME COURT OF APPEAL OF SOUTH AFRICA …

Pamodzi Gold East Rand (Pty) Ltd, Nigel Gold Mining (Pty) Ltd, the Grootvlei Mines (Pty) Ltd, Consolidated Modderfontein Mines Ltd, Consolidated Modderfontein Mines 1979 (Pty) Ltd, and Pamodzi Gold Orkney (Pty) Ltd). In October 2009, the appellant was further appointed as a joint final liquidator of the sixth respondent, Pamodzi Gold Limited.

AngloGold, liquidators square off - Miningmx

Pamodzi Orkney and Pamodzi Gold management indicated this was one of the reasons the company failed because of the lack of cash flow from the ore they were mining at Orkney, Motala said. Motala said he has raised the matter with AngloGold's legal department after AngloGold terminated its services on Tuesday.

PAMODZI EXPANDS EAST RAND OPERATION - Miningreview.com

One of Pamodzi's other operations is the Orkney gold mine in the North West province, which it took over from Harmony in February 2008, and which will produce some 100,000 to 110,000 ounces of gold this year. A lot of this is from pillar mining, but there are also areas of open ground where geological modelling and infrastructural development ...

Daniel Geldenhuys - Mechanical Fitter - PARAGON TAILINGS ...

Orkney Area, South Africa Fitter maintain and repair off slurry pumpstations. pamodzi gold mine Mechanical Fitter Fraser Alexander Tailings (Pty) Ltd. Oct 2010 - Feb 2014 3 years 5 months. Zambia, and Congo Working on pump stations,repair and overall all pumps,screens, vibrators, pipelines and high preasure guns ...

NUM lambasts CAPM's plans to retrench up to 200 …

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 …

(PDF) Mitigating the Socio-Economic Consequences of Mine ...

The liquidation of Pamodzi was unexpected, since this was an established, prospering Black economic empowerment (BEE) company, which was active in one of the richest gold-producing areas in the world, Orkney, since 2008. The Pamodzi-owned mines included the Springs Grootvlei and Orkney mines as well as the President Steyn mine in Welkom.

Orkney mine faces liquidatio­n - PressReader

Orkney gold mine was sold off with other assets when Pamodzi Gold went into liquidatio­n in 2009. It was bought by Aurora, a company with Khulubuse Zuma and Nelson Mandela's grandson Zondwa Mandela among its directors. But operations fell into disrepair when funding from a Malaysian equity fund did not materialis­e.

Fanie van Staden - Deputy Operations Manager - Chirano ...

Resigned after 29 years Anglo service to return to Free State gold mine Took over from Thistle to recapitalise and tap potential of an old mine Workforce= ± 4 000 employees, 3 operating shafts, one gold plant Pamodzi Gold was liquidated, mine now owned by Harmony Gold

Pamodzi 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 agreed to the nonbinding proposal for the sale offered by Pamodzi, in a deal which will cost the purchasing company 300 million South African Rand ($41 million).

Orkney's new knight in Chinese armour - Miningmx

[miningmx.com] — THE first of 2,500 laid-off workers at troubled Pamodzi Gold's Orkney mine could be back at work by the end of October if the court this week approves the R150m buyout offer by a Chinese-South African consortium.

Pamodzi`s Orkney mine sold to China African Precious ...

Pamodzi and Aurora history not to be repeated with the sale of the Orkney mine - Solidarity. 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 CAPM should not follow in the footsteps of its predecessors, Pamodzi and Aurora Empowerment Systems.

(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 of the major ...

Pamodzi / Aurora liquidation: Master of High Court ...

The Pamodzi Gold Orkney and Pamdodzi Gold Free State were placed under judicial management in January 2009. The holding company, Pamodzi Gold was ultimately liquidated in October 2009. Aurora Empowerment Systems took over Pamodzi's Grootvlei goldmine on the East Rand and the Orkney gold mine in the North West based on its assurance to the ...

Pamodzi Gold Orkney liquidated: Peter Steenkamp – CEO ...

Pamodzi Gold Orkney liquidated: Peter Steenkamp – CEO, Pamodzi Gold The JSE has suspended trading in the 51% black-owned company whose share price has fallen from R25 in early 2007 to 50c today ...

Mandela/Zuma company bids R215m for Pamodzi Gold Orkney ...

Pamodzi Gold Orkney mine manager Louis Bezuidenhout told Mining Weekly Online that the company would be able to reach a monthly production level of 200 kg by April next year.

Simmers Pamodzi offer has lapsed - Miningreview.com

Pamodzi gold mine in the Free State Johannesburg, South Africa — MININGREVIEW.COM — 18 June 2009 – Emerging South African gold and uranium producer Simmer and Jack (Simmers) says its offer for Pamodzi Gold's Orkney mine has lapsed.. At a presentation to investors here, Simmers CEO Gordon Miller said the company had complied with a timeline set by the …

South Africa: Corruption exposed at Orkney and Grootvlei …

AES eventually acquired the rights to operate Pamodzi's Grootvlei and Orkney gold mines after putting in a bid of R215 million (US$26.8 million) in October 2009. At the time, AES promised a …

Behind the scenes of Pamodzi liquidation

Pamodzi Gold Orkney (PGO) was placed in provisional liquidation on March 20, 2009, by order of the North Gauteng High Court, pursuant to …

Harmony mine must pay for acid water - Court

Harmony Gold contended the directive no longer applied to it since they sold the mine to Pamodzi Gold Orkney in 2007 and was no longer the owner. Pamodzi …

(PDF) Potential socio-economic consequences of mine closure

Pamodzi Gold Ltd, namely the Orkney Mine and the . Grootvlei Mine, as case studies. Fourthly, the authors make . practical recommendations to limit and address the socio-

Orkney Gold Mine - Wikimapia

Orkney is a large 7 shaft mine on a mining right that covers an area of 10,561.7 ha. It was originally owned by Anglo American, which later became AngloGold Ashanti Limited, and was art of their Vaal Reef Operations. African Rainbow Minerals (ARM) then purchased the mine from Anglo and in 2003 ARM merged with Harmony Gold. In 2008 Pamodzi Gold bought the operations from Harmony but due to ...