Page 3 - Vantage Goldfields News Today

Holding vigil for three mineworkers still buried underground from a crown pillar collapse in 2016 that brought mining operations to an abrupt end.

Three employees of the mine - Pretty Nkambule; Yvonne Mnisi; and Solomon Nyirenda went missing in 2016 after a part of the mine collapsed. The bodies of the three miners have been trapped underground since.

ActionSA welcomes the Supreme Court of Appeal's (SCA) rejection of a request by Vantage Goldfields to delay Lily Mine court hearings to 2023. This brings us

Six years after going into business rescue, the future of the mine must now be decided by the Supreme Court of Appeal.

Former Lily and Barbrook gold mine employees in Mpumalanga were given some festive relief this week when a company that has been struggling to buy and re-open the mines gave them food parcels.

Arqomanzi must be recognised as a creditor, and business rescue practitioners cannot amend rescue plans unilaterally, says high court.

The issue of the mining rights arose after Vantage Goldfields sold 98% of its shareholding to Australian company Macquarie Metals (Pty) Ltd and then decided not to sell the mines to Arqomanzi.

Despite a rescue plan approved by creditors.

Arqomanzi Proprietary Limited v Vantage Goldfields Proprietary Limited & others Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With... Clear Search Sponsored by Sponsored by 0.74 MB Sponsored by In a win for truth and justice, a court judgment handed down by t...

Search and rescue teams at the collapsed Lily Mine on February 13, 2016 in Barberton, South Africa. Workers were retrenched after the entrance to the mine sank, trapping three workers underground, whose bodies have still not been retrieved. Photo: Felix Dlangamandla/Gallo Images The wheel has turned in favour of a bidder who wants to acquire two Mpumalanga gold mines from an Australian company after the Mpumalanga High Court in Mbombela found that business rescue practitione...