Pamodzi gold mining liquidation
Webthem since 2009 and now estimated at about R28m. Liquidators of Pamodzi Gold, which owned the Grootvlei and Orkney mines when the company went into liquidation in 2009, are trying to recover the money from directors and managers of Aurora, which took control of the mines but never coughed up the purchase price. These directors and
Pamodzi gold mining liquidation
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WebSALE OF ASSETS AGREEMENT (WASTE ROCK DUMP) between PAMODZI GOLD FREE STATE (PROPRIETARY) LIMITED (IN PROVISIONAL LIQUIDATION) and … WebNov 5, 2014 · Pamodzi Gold Orkney was sold for R 150 million. IDC claims that they have security over all the assets and lodged a secured claim against the estate. The validity of …
WebIn March, the High Court in Pretoria granted Aurora an extension until August 16 to find financial backing to buy Pamodzi, which went into liquidation in 2009. However, on Tuesday the liquidators warned Aurora to produce “sufficient, irreversible progress” on the Pamodzi mining deal by the end of May or face cancellation. WebApr 17, 2009 · Pamodzi Gold spokesperson Bongi Radebe told Mining Weekly Online that Pamodzi was in favour of the conversion to across-the-board provisional liquidation and …
WebMay 31, 2011 · The total indebtedness in Pamodzi Gold East Rand and its subsidiaries as at date of provisional liquidation was R950m. Since taking control of the estates the joint … WebJan 29, 2024 · The case of Blyvooruitzicht is similar to the tragedy that played out in the North West around the mines of Pamodzi Gold, which was also placed into provisional …
WebSep 11, 2009 · Johannesburg, South Africa — MININGREVIEW.COM — 11 September 2009 – SOUTH Africa’s Industrial Development Corporation (IDC) is applying for the …
WebApr 17, 2009 · Simultaneously, the court approved the extension of the provisional liquidation of Pamodzi Gold’s Orkney gold-mining company from Friday to May 26, which was now also the return date for... shrubs along fence lineWebMar 17, 2009 · JSE TICKER: PZG Johannesburg - Beleaguered Pamodzi Gold will oppose an application to liquidate its Orkney mines to pay a R22m debt to a service provider, while it pushes ahead with an alternative funding proposal, spokesperson Bongi … shrubs alphabetical listWebJan 13, 2012 · The master of the North Gauteng High Court has levelled grave new allegations of fraud against embattled liquidator Enver Motala, who is fighting his removal as one of the joint liquidators of gold mines formerly run by Aurora Empowerment Systems. Aurora ordered to pay R10-million theory green pleat bottom sleeveless topWebThe liquidation of the Pamodzi Group [7] It is necessary to place the dispute in its factual context and to detail the history of this litigation. The operating companies in the … theory great barringtonWebApr 15, 2009 · Pamodzi’s Orkney mine – due to resume production any day now Johannesburg, South Africa — MININGREVIEW.COM — 15 April 2009 – Production from Pamodzi Gold Limited’s Orkney operations in South Africa are due to re-start this week, following the signing of an agreement between the mine’s liquidator and JIC Mining … shrubs and hedges for saleWebNov 19, 2010 · Key Takeaways. Liquidators managing the assets of the failed Pamodzi Gold mines in conjunction with the controversy-dogged Aurora Empowerment Systems are at one another’s throats. The Mail & Guardian has seen correspondence in which a liquidator makes complaints that are apparently directed at the lead liquidator, Enver … theory green tweed skirtWebThe Joint Provisional Liquidators of Pamodzi confirm that they have cancelled the Interim Trading and Contract Mining Agreement with Aurora Empowerment Systems on Friday 27 May 2011 and that they have afforded Aurora three days to vacate the premises, previously occupied by them, and to return possession thereof to the Joint Provisional … shrubs and hedges for shade areas