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Pamodzi

Posted: Mon, 04 May 2009

[miningmx.com] -- AngloGold Ashanti will provide a second loan to pay workers at Pamodzi Gold's orkney mine, which was placed in liquidation, Bloomberg reported.

"We will be making a R3m loan on the same basis as the previous R10m advanced to cover wage costs," AngloGold said last week.

It said last month that the first loan would help migitate the effect of Pamodzi's troubles on the Orkney community, where it also mines gold. AngloGold said it had no interest in buying the mine.