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Aurora given another reprieve

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The liquidation case involving Aurora Empowerment Systems has been postponed to the end of the week, says an official.

Aurora running out of options

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Aurora Empowerment Systems is seemingly losing a race against time to secure the backing of Chinese investors for the acquisition of Pamodzi Gold’s former assets.

Van Kerrebroeck loses legal tussle

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Ngwenda Gold founder Mashudu Nengwenda has confirmed his control of the company by winning his urgent application to remove Canadian Dennis van Kerrebroeck as the sole director of Ngwenda.

White Water to vote on Goliath Gold

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Gold One International says the shareholders of White Water Resources will vote to approve the creation of Goliath Gold later this month.

Van Kerrebroeck fights back

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Canadian businessman Dennis van Kerrebroeck has hit back hard at his accuser Mashudu Nengwenda in affidavits filed today at the South Gauteng High Court over an alleged company hijacking.

Bright future for SA mining, says Shabangu

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Mining will be a thriving sector within the next decade, according to Mines Minister Susan Shabangu, speaking at the opening of Great Basin Gold's Burnstone mine.

Simmers needs more funds

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Simmer and Jack Mines needs to raise around R155m and the company's cash-strapped situation means it cannot participate in the fund raise being carried out by associate First Uranium.

Pan African plans more growth

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Pan African CEO Jan Nelson is sizing up the next round of growth projects, now that the illegal mining problems at Barberton have been dealt with and Phoenix Platinum is under construction.

Tau Lekoa lifts Simmers output

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Simmer & Jack has reported a 34% rise in gold production, accounting for recently acquired Tau Lekoa's full contribution.

More legal action at Ngwenda Gold

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Alleged company hijacker Dennis van Kerrebroeck goes to court on Thursday to present his side of the story on Ngwenda Gold - and it will be very different to Mashudi Nengwenda's version.