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Chinese make a bid for Aurora gold mines

An unspecified Chinese consortium makes a bid for two liquidated gold mines currently managed by Aurora Empowerment Systems, but secrecy shrouds the offer.

Harmony to scrap Nasdaq listing

Gold miner Harmony will terminate the listing of its American Depository Receipts on the Nasdaq bourse.

Seven injured at Gold Fields Driefontein

The National Union of Mineworkers says seven mineworkers had been injured at Gold Fields' Driefontein mine outside Carletonville.

Galaxy Gold moves ahead with plans to list

New South African gold mining and exploration company Galaxy Gold has proved that it is progressing with its plans to list on the JSE by the third quarter of this year.

Central Rand Gold plunges on share offer

Central Rand Gold shares dived to new lows on the JSE and LSE, after the troubled junior announced a huge share offer and placement at a deep discount.

Chinese group bid for Aurora mines “imminent”

A bid from a South African group backed by a Chinese consortium is preparing a bid for two gold mines managed by Aurora Empowerment Systems on behalf of the liquidators of the operations.

Bauba forced to lower funding target

Hit by market volatility, Bauba Platinum has dropped its minimum funding target significantly and extended the closing deadline to raise the money.

Randgold & Exploration’s low-key JSE return

Randgold & Exploration, which was plundered for billions of rands by Brett Kebble, finally resumes trading on the JSE. New CEO Marais Steyn is keen to revive Randgold's fortunes in resources.

JCI eyes JSE return as it runs short of money

JCI, the company pursued for billions of rands by sister company Randgold & Exploration, is running short of cash, but it is looking at a variety of options to raise money. It is looking at a possible resumption of its JSE listing by year-end.

Simmers weighs alternatives to rights offer

Junior gold producer Simmer & Jack Mines says it is investigating alternative solutions to the proposed rights offer.