Shiva Uranium
latest news & developments
Government’s efforts to retrieve R287m from Gupta mine stalls again
Court sets aside appointment of Shiva Uranium, further prolonging four-year legal wrangle
Legal wrangle over Gupta-linked Shiva Uranium loan still ongoing — Patel
Earlier this year, Shiva Uranium was one of eight Gupta-owned companies that underwent business rescue processes
Gupta-owned Shiva Uranium’s business rescue practitioners throw in the towel
Louis Klopper and Robert Knoop resigned ahead of a legal battle between the IDC, the Gupta-owned company and the business rescue practitioners
Oakbay asks court to compel FIC to provide details on 72 ‘suspicious’ transactions
The Financial Intelligence Centre in August listed 72 suspicious transactions spanning about four years.
Price pressure on Gupta uranium mine
The Industrial Development Corporation continues to claim it will do well out of the Oakbay deal for the Shiva mine but uranium’s future is uncertain.
Will Zwane even slap his mining friends’ wrists?
Mineral Resources Minister Mosebenzi Zwane has been linked to the Guptas and will now oversee a sector in which the family has strong interests.
Uranium mining town hopes long turned to dust
Dominionville residents expected a boom town when Shiva Uranium foretold promises of riches, but white poverty and black despair remain years later.
Another state bonanza for the Guptas
The state development funder has cut family-controlled mining firm Oakbay Resources and Energy huge slack on a loan it struggled to service.
Row over ‘unpaid’ bills at Gupta family’s mine
Subcontractors at the Gupta family’s Shiva Uranium mine are crying foul over the company’s alleged failure to pay for services provided.