pamodzi gold orkney mine

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  • Applications: : 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 P

pamodzi gold orkney mine

  • 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 2009 and final liquidation was granted in October 2009 In late 2009, Aurora Empowerment Systems took over management of the Orkney operations The operations remained dormant until 2011, when Pamodzi GoldSolidarity 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 The sale of the mine finally brings hope for thousands of employees in the Orkney area who have been suffering for years as a result of the PamodziPamodzi`s Orkney mine sold to China African Precious

  • Pamodzi / Aurora liquidation: Master of High Court

    29/10/2014· 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 joint liquidators that it had financial backing to buy the mines and continue operations During April 2011, the Master was approached by Mr Callie Smit,31/05/2011· Pamodzi Gold background During September 2009, the IDC launched an application to liquidate the holding company Pamodzi Gold Limited TheBehind the scenes of Pamodzi liquidation

  • Pamodzi aims to wrap up Orkney deal by monthend

    August 18 is deadline day for the transfer of Harmony Gold’s Orkney shafts to Pamodzi Gold, new Pamodzi CEO Peter Steenkamp told Mining Weekly Online on TuesdayAugust 18 is deadline day for the transfer of Harmony Gold's Orkney shafts to Pamodzi Gold, new Pamodzi CEO Peter Steenkamp told Mining Weekly Online on Tuesday Get Price And Support Online; Pamodzi Gold transaction on Orkney assets becomes Johannesburg Monday, 25 February 2008 Harmony Gold Mining Company Limited (Harmony) is pleased to announce that all conditionsPamodzi Gold Mining

  • Orkney Gold Mine Wikimapia

    Orkney is a large 7 shaft mine on a mining right that covers an area of 10,5617 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 toJOHANNESBURG (miningweekly) – The bid that Simmer & Jack Mines (Simmers) would submit for the stricken Pamodzi Gold’s provisionally liquidated Orkney mine would not cover the operation’sEngineering News Offer for Pamodzi Gold’s Orkney won’t

  • Offer for Pamodzi Gold’s Orkney won’t cover R337m

    The bid that Simmer & Jack Mines (Simmers) would submit for the stricken Pamodzi Gold’s provisionally liquidated Orkney mine would not cover the operation’s current R337million financial25/06/2015· Read more about the Aurora and Pamodzi mines crisis Through Aurora, Zuma and Mandela gained control of the Pamodzi Gold Ltd mines around Johannesburg in 2009 when its previous owner was placedCourt finds Mandela, Zuma heirs liable for Aurora decay

  • 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 Systems20/01/2019· Aurora, of which Zuma was a director, bought Pamodzi Gold’s East Rand and Orkney operations in 2009 after Pamodzi was placed under provisional liquidation, but funding for the acquisition never materialised The last time Miningmx reported the matter in 2016, an appeal by the directors of Aurora against a judgement they should pay damages and salaries to some 5,300 miners onceBefore and After: the devastation wrought by Zuma & Co

  • Solidarity sets four conditions for sale of Pamodzi’s

    Trade union Solidarity today announced the four conditions it has set for the sale of Pamodzi Gold Orkney (Pty) Ltd, to China African Precious Metals (Pty) Ltd (CAPM) for R150 million Aurora Empowerment Systems previously managed this mine According to Solidarity, laying down conditions is the only way to prevent a repetition of the PamodziThe purchase of Orkney takes place at a time when an incamera Master of the High Court enquiry is under way into the Pamodzi Gold liquidation in terms of sections 417 and 418 of the Companies ActMining Weekly Chinese buy Orkney gold mine for

  • Simmers looking at Pamodzi's Orkney assets |

    [img:Simmers%20tow0jpg|Number 10 shaft at Simmer & Jack’s Buffelsfontein Gold Mine]Johannesburg, South Africa 14 April 2009 Emerging South African gold and uranium group Simmer & Jack Mined Limited (Simmers) has expressed a possible interest in acquiring certain of troubled Pamodzi Gold Limited’s Orkney mining assetsPamodzi Gold Orkney Mine oregonhealthynailsalonsorg pamodzi gold orkney mine, Pamodzi Gold Mining News The bidding process for Pamodzi Gold's Orkney mine has been restarted after the first attempt Get Price And Support Online; Pamodzi Welcome At Pamodzi, we believe in the power of business to liberate people This belief informs our attitude and approach to how we conductPamodzi Gold Mining

  • Chinese firm takes over Orkney mine

    25/10/2012· Johannesburg China African Precious Metals (CAPM) has taken control of Pamodzi Gold's Orkney mine, Pamodzi's liquidators said on Wednesday "A phased implementation plan has been proposed by CAPM in respect of the mine and various studies in this regard are ongoing CAPM now exercises control over all the mine assets and the daytoday operations at the mine,"15/04/2009· Pamodzi’s Orkney mine – due to resume production any day now Johannesburg, South Africa — — 15 April 2009 – Production from Pamodzi Gold Limited’s Orkney operations in South Africa are due to restart this week, following the signing of an agreement between the mine’s liquidator and JIC Mining Services Limited “We are trying to rescue the Orkney situationOrkney operation to restart | Miningreview

  • Orkney gold mine will be functioning by October

    08/03/2013· CAPM’s acquisition of Orkney is widely hoped to bring an end to the fallout from the liquidation of Pamodzi Gold, which acquired the mine from Harmony Gold inAugust 18 is deadline day for the transfer of Harmony Gold’s Orkney shafts to Pamodzi Gold, new Pamodzi CEO Peter Steenkamp told Mining Weekly Online on TuesdayPamodzi aims to wrap up Orkney deal by monthend

  • 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 The Chinese investors behind CAPM have agreed to a capital injection of R600The company has also confirmed a formal agreement to purchase Harmony's Orkney mines, stating its aim to become a one million ounces per annum gold producer in the near future "Pamodzi Gold is in a good position to secure capital to develop President Steyn's Golden Triangle project and to further explore the Eldorado Reefs," the company told the Johannesburg Stock ExchangePamodzi Gold acquires South African mine | Gold News

  • Pamodzi Gold Orkney Pty Ltd Company Profile and

    Company profile page for Pamodzi Gold Orkney Pty Ltd including stock price, company news, press releases, executives, board members, and contact informationAsset Type Mine; Location South Africa; Latest Information Interim Report On Sep 30, 2008 from Unknown Fatal Accident at Pamodzi Gold Orkney Operation On Sep 04, 2008 from Unknown Fire at Pamodzi Golds Orkney Operations On Jun 19, 2008 from Unknown March 2008 Quarter Consolidated Results On May 14, 2008 from Unknown MAR 2008 Quarter Consolidated Results On May 12, 2008Orkney Mining Intelligence

  • Simmers looking at Pamodzi's Orkney assets |

    [img:Simmers%20tow0jpg|Number 10 shaft at Simmer & Jack’s Buffelsfontein Gold Mine]Johannesburg, South Africa 14 April 2009 Emerging South African gold and uranium group Simmer & Jack Mined Limited (Simmers) has expressed a possible interest in acquiring certain of troubled Pamodzi Gold Limited’s Orkney mining assetsOrkney gold mine will be functioning by October Moneyweb Mar 8, 2013 CAPM's acquisition of Orkney is widely hoped to bring an end to the fallout from the liquidation of Pamodzi Gold, which acquired the mine from Harmony Gold in 2007 The company was placed in provisional liquidation in April 2009 Aurora, with the politicallyconnected Khulubuse Zuma and Zondwa get price Executivecareer at pamodzi gold mine Dols Marmer & Graniet

  • Pamodzi Gold Mine Contact Details

    China African Precious Metals has taken control of Pamodzi Golds Orkney mine Pamodzis liquidators say Chinese firm takes over Orkney mine 0759 Sapa Johannesburg China African Precious Metals CAPM has taken control of Pamodzi Golds Orkney mine Pamodzis liquidators said on Wednesday A contact Ive got in the mining Online Chat SA Gold Mines Announce Compensation08/03/2013· CAPM’s acquisition of Orkney is widely hoped to bring an end to the fallout from the liquidation of Pamodzi Gold, which acquired the mine from Harmony Gold inOrkney gold mine will be functioning by October

  • Pamodzi Gold transforming stressed gold mine to former

    12/05/2008· Pamodzi Gold (JSE:PZG) will focus on fixing its newly acquired President Steyn and Orkney gold mines in South Africa to boost its gold production to 373 000 ounces of goldThe end of the Pamodzi and Aurora crisis may finally be in sight if the Pamodzi liquidators succeed in selling the Grootvlei and Orkney mines Read more Miners starve as Aurora drags its heels onPamodzi Gold Archives The Mail & Guardian