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Simmers sells TGME

by Brendan Ryan | Thu, 09 Sep 2010

Simmer and Jack Mines has sold its mothballed Transvaal Gold Mining Estates division to an unlisted junior mining company run by a former associate of Peter Skeat. Read ›

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    Simmers to sell Transvaal Gold Mining Estate

    by I-Net Bridge | 09-Sep-10 11:56 | add a comment

    Simmer & Jack Mines says that it has agreed to sell its wholly owned subsidiary, Transvaal Gold Mining Estates (TGME) to Stonewall Mining for R25m. Read ›

    Wits Gold opts for De Bron

    by Brendan Ryan | 07-Sep-10 14:11 | add a comment

    Wits Gold has prioritised the De Bron project in the southern Free State for development and intends expanding it through the purchase of Merriespruit South from Harmony. Read ›

    Liuri Gold to fight for Zambia licence

    by Brendan Ryan | 03-Sep-10 12:22 | add a comment

    ASX-listed explorer Liuri Gold is taking legal action against the Zambian government after its mining licence for the Luiri Hill gold project was cancelled. Read ›

    Gold One under pressure

    by Brendan Ryan | 01-Sep-10 07:12 | add a comment

    Gold One’s share price is being held back by production problems as well as the finalisation of a $65m debt facility, says CEO Neal Froneman. Read ›

    Newcrest paves way for gold deals

    by Reuters | 31-Aug-10 07:55 | add a comment

    Newcrest Mining $8bn-plus acquisition of Lihir Gold is creating a new top-tier of Australian gold producers, which are already being sized up for takeovers. Read ›

    DRDGold to rekindle flame of optionality

    by Bonolo Modise | 26-Aug-10 16:25 | add a comment

    DRDGold wants to convince gold investors that its surface retreatment operations contain a new kind of optionality. Read ›

    DRDGold sells mining licences

    by I-Net Bridge | 26-Aug-10 10:11 | add a comment

    DRDGold said it had significantly derisked the business following the disposal of mining licences owned by Durban Roodepoort Deep and West Wits - a move that helped flood company coffers. Read ›

    Harmony halts plans for R6bn shaft

    by Reuters | 25-Aug-10 13:23 | add a comment

    Harmony Gold Mining plans to delay the development of a R6bn shaft at its Evander mine in Mpumalanga. Read ›

    Gold demand surges, ETFs rate high

    by Bonolo Modise | 25-Aug-10 07:00 | add a comment

    Gold backed exchange traded funds helped power gold demand to a more than one third increase in the second quarter, the World Gold Council reported. Read ›

    Simmers Q1 production falls 27pct

    by I-Net Bridge & Reuters | 24-Aug-10 09:55 | add a comment

    Shares in Simmers & Jack Mines fell more than 3 percent as the South African gold miner posted a 27 percent decline in first-quarter gold production. Read ›
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