Pretoria high court finds directors of Aurora, including Khulubuse Zuma and Zondwa Mandela, guilty of stripping the assets of Pamodzi Gold’s mines.
The president’s nephew and cohorts have been ordered to pay the miners they abandoned.
The statements "seek to distort the findings" of the report by the commissioner who was tasked to conduct an inquiry into the affairs of Pamodzi.
Khulubuse Zuma, President Jacob Zuma’s controversial nephew, will go to court to fight claims for R1.5-billion by the liquidators of Aurora mines.
Ghosts still haunt controversial Enver Motala’s handling of the insolvent gold mining company
The debate about the nationalisation of SA mines continues merrily but it is taking place in astounding ignorance of the actual legal position.
Businessman Khulubuse Zuma owes the eThekwini metro police R28 950 in outstanding traffic fines. The metro cops may have to wait in line, however.
Liquidators say Solly and Fazel Bhana were behind the collapse of the Pamodzi gold mines, stripping the mines’ assets while workers went unpaid.
The end of the Pamodzi and Aurora crisis may finally be in sight if the Pamodzi liquidators succeed in selling the Grootvlei and Orkney mines.
Workers at the liquidated Pamodzi gold mine say they are in dire straits as Aurora continues to ignore a court order to pay them R4.3-million.
Former Pamodzi liquidator Enver Motala has roped in ANC heavyweights in an urgent bid to wipe his slate clean by securing a presidential pardon.
A high court judge in Pretoria has granted default judgment against Aurora’s Khulubuse Zuma, for the payment of more than R10-million.
No image available
/ 11 December 2011
Nelson Mandela’s grandson is due to face criminal charges for not attending a high court inquiry over Aurora Empowerment Systems.
Mine workers are seeking compensation expected to run into billions. They became ill after working on the mines, and were medically boarded.
Disgraced former liquidator Enver Motala has submitted a review application denying allegations that he is a convicted fraudster.
Jacob Zuma’s confidante is part of a Chinese company’s purchase of the Orkney mine, which was run into the ground by the politically-connected Aurora.
Pamodzi’s Gold’s Ndlovu shaft, which was sealed last week after an allegedly illegal miner fell to his death in June, is a symbol of Aurora’s legacy.
Government is awaiting advice on whether criminal charges can be laid against Pamodzi Gold, Aurora Empowerment Systems, or both companies.
The result of Aurora’s heritage is still having a ripple effect, Solidarity has said after a gold mining company had to shut down a shaft temporarily.
Axed Pamodzi Gold liquidator denies Aurora Empowerment Systems was given preference because of its political connections.
New twist in mining saga as questionable link to diamond project emerges.
No image available
/ 11 December 2009
A merger between Harmony Gold Mining Company and Pamodzi Gold Free State has been conditionally approved, the Competition Tribunal said on Friday.
No image available
/ 9 September 2009
Harmony Gold is going ahead with the acquisition of the Pamodzi Gold Free State mine, it said on Wednesday.
Harmony Gold has been selected as the preferred bidder for Pamodzi Gold’s Free State operations, the joint provisional liquidators said on Friday.
Eskom gives cash-strapped Pamodzi Gold less than a week to settle its electricity bills amounting millions of rands to avoid power cuts at operations.
Pamodzi Gold has asked the JSE to suspend the trading of its shares on the exchange, the company said in a statement on Friday.