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Chinese make a bid for Aurora gold mines

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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

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

Metorex Ruashi plant back on stream

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Metorex, the base metals mining group, says a planned shutdown to carry out essential maintenance at the Ruashi Mine in Congo (DRC) had been completed.

Seven injured at Gold Fields Driefontein

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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

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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.

Chinese group bid for Aurora mines “imminent”

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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.

Central Rand Gold plunges on share offer

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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.

Bauba forced to lower funding target

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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

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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

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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.