28/01/2019 · 28/01/2019 · Struggling mines could face liquidation. JOHANNESBURG – Rob Devereux, the business rescue practitioner of the Lily and Barbrook mines, is considering placing the mines under liquidation ...
· The dispute in Africa's secondlargest copper producer has intensified concerns among international miners about resource nationalism in Africa. Mumbailisted Vedanta has taken the matter to arbitration and tried to block KCM's liquidation in the meantime via courts in both South Africa and Zambia. However, the government has continued with ...
The appellant is a close corporation Strip Mining. (It is cited as Strip Mining (Proprietary) Limited but nothing turns on this.) It will be referred to hereafter as Strip Mining. The appellant applied on motion in the Witwatersrand Local Division for a rule nisi calling upon all interested persons to show cause why the liquidation proceedings
03/08/2021 · A South African court has granted liquidators of the collapsed bitcoin investment firm Africrypt the powers to track down missing investor funds. Also, as part of the court decision, Africrypt liquidators will now have the authority to sell assets and property belonging to the company.
· Konkola Copper Mines (KCM), coowned by Londonlisted Vedanta and Zambia's state mining arm, is one of Africa's largest copper producers. KCM has been caught in a twoyear tugofwar between Vedanta and Zambia, which in 2019 placed KCM in liquidation for allegedly failing to pay taxes. The liquidator, Milingo Lungu, 43, was arrested on charges that he abused his role to cash in on ...
· He has worked at the mine's engineering department for 12 years and says workers are still owed money by Aurora which went under liquidation. The Pamodzi Gold mine has a troubled history. CAPM took over the mine in 2011 and was reported to have demanded that workers in South Africa waive their labour rights in its new agreement with Pamodzi Gold.
South Africa has, and still is, relying heavily on mining activities to generate wealth that could be translated into economic development, infrastructure and employment. Formal mining in South Africa is more than 100 years old. Legislation at that time primarily focused on "surface rehabilitation" and the primary emphasis of mining was focused on its economic gains. With regard to ...
· The interim and contract mining agreements have been renewed until 31 May, 2011; and. A senior delegation of Shandong will be in South Africa in the week of May 23. It was agreed that this ...
Troubled cement maker Athi River Mining is set for liquidation in the next five months and eventual delisting from the Nairobi Securities Exchange after more than two years under administration failed to revive its operations. ... In South Africa, ARM subscribed to 70 percent of Mafeking shares in May 2009 and signed a shareholders' agreement ...
· Earlier, South Africa's High Court granted Vedanta Resources an urgent interdict halting the liquidation of its Konkola Copper Mines (KCM) unit in Zambia until a .
07/09/2016 · A nephew of South African President Jacob Zuma will pay 23 million rand ( million) to the liquidators of a gold mining company after a court last year ruled he and other directors stripped ...
07/09/2016 · A nephew of South African President Jacob Zuma will pay 23 million rand ( million) to the liquidators of a gold mining company after a court last year ruled he and other directors stripped the company of assets, leaving thousands of workers jobless and destitute. Khulubuse Zuma and a grandson of South Africa's antiapartheid hero Nelson Mandela were found by a judge to have acted in a ...
· Wolfram Camp Mining Pty Limited (In Liquidation) Access to this information is restricted to shareholders, employees, noteholders or creditors of the company / companies set out in this PwC insolvency case, or representative of such a creditor, or a person engaged by PwC in connection with the PwC case who has been given permission to access this information.
15/08/2019 · The dispute in Africa's secondlargest copper producer has intensified concerns among international miners about resource nationalism in Africa. Mumbailisted Vedanta has taken the matter to arbitration and tried to block KCM's liquidation in the meantime via courts in both South Africa .
13/09/2021 · Centaur Mining was another Guptas' puppet, liquidators say. Centaur Mining SA's bid to fend off a R400million claim from liquidators of the controversial Trillian group of companies seems to have backfired. It now finds itself accused of having been a puppet in the hands of Gupta protagonists like Salim Essa, the South African businessman ...
A comprehensive list of South African mines exclusively from Africa Mining IQ, the continent's largest online mining database. Some of the largest mining companies in South Africa have head offices in Gauteng and Johannesburg.. De Beers Consolidated Mines and the Anglo American Group are only two of the mining companies which, together with other mining companies in South Africa, generate .
Almost four years have passed since South Africa's Blyvooruitzicht Gold Mine ("the Mine"), once one of the world's richest gold mining concerns, entered into provisional liquidation and abruptly halted operation in 2013, plunging thousands of employees and the surrounding community of more than 6 000 people into crisis.
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· Kenya: Athi River Mining (ARM) Cement is preparing for liquidation and delisting from the Nairobi exchange following the failure of its administrators to revive operations. The East African newspaper has reported that PricewaterhouseCoopers advised liquidation in a letter of 19 April 2021. The joint administrators reached their conclusion based on the understanding the producer will not ...
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