Mail & Guardian
Mail & Guardian

Vantage Goldfields

latest news & developments
Should you believe the hype about the “foreign threat” to healthcare? (GCIS)
IDC

New Lily Mine owners set to resume operations after three year hiatus

Siyakhula Sonke Empowerment Corporation received R190-million in funding from the IDC to finance the takeover

  • Sibongile Khumalo
2 min read
Operations at Lily Mine and Barbrook, near Barberton in Mpumalanga, came to a halt after a pillar collapsed underground three years ago. (Felix Dlangamandla/Gallo)
GWEDE MANTASHE

Lily Mine narrowly escapes liquidation

Plans to revive Lily Mine have finally been cleared

  • Govan Whittles
2 min read
Billionaire Jack Ma at the African Ranger Awards (Rodger Bosch/AFP)
IDC

Lily Mine’s revival may be derailed if claims of negligence are proven

The situation at Lily Mine is ‘out of control’, Dwaine Koch said in a lawyer’s letter to Vantage Goldfields’s business rescue practitioner

  • Govan Whittles
4 min read
“With 200 000 abortions a year in South Africa — and many of these are repeat abortions; not a second
LILY MINE

Lily Mine gets a second wind

​The Portfolio Committee on Mineral Resources has said it welcomes a report recommending the reopening of the mine

  • Sarah Smit
2 min read
Mark Carney’s Financial Stability Board wants banks to hold more capital to cushion themselves in a crisis.
GODFREY OLIPHANT

Push to liquidate ill-fated Lily Mine

There is a new bid to rescue the operation, but creditors have run out of patience

  • Govan Whittles
5 min read