Aurora “virtually a Ponzi scheme’
The liquidators of Aurora Empowerment Systems have revealed that the
company only has R2,000 left in 10 bank accounts, leaving workers with no
hope of ever being paid.
Gold Fields ‘committed’ to Mali – report
Gold Fields CEO Nick Holland says the company wants to continue its exploration activities in Mali, despite last week's military coup, according to Reuters.
Gold Fields expedites $340m Philippines deal
Gold Fields has paid $110m to exercise an option giving it 40% of the
Philippines-based Far South East copper and gold prospect.
Mali “coup’ knocks Randgold shares
Shares in Randgold Resources are trading down 15% following reports from
Mali that elements of the country’s military have mounted a coup attempt.
First Uranium extends Ezulwini deal date
First Uranium says it has extended the deadline for entering into a deal with Gold One International on the sale of Ezulwini gold and uranium mine.
Great Basin sweetens $50m share placement
Great Basin Gold has refashioned an earlier share placement, offering shares
more cheaply and adding a half warrant per share as a sweetener to a
disaffected market.
Great Basin in talks to bail out BEE partner
When it rains it pours for Great Basin Gold, which has had a C$50m share
placement interrupted by news its empowerment partner needs bailing out.
Great Basin in talks to bail out BEE partner
When it rains it pours for Great Basin Gold, which has had a C$50m share
placement interrupted by news its empowerment partner needs bailing out.
Harmony Gold launches Esop
Harmony Gold Mining will give employees who work at the rock face up to 2.9% of its share capital.
Harmony eyes Hong Kong listing
Harmony Gold says it will consider a Hong Kong listing once its massive Wafi-Golpu project in Papua New Guinea is up and running in around five years time.