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Australian group Macquarie Metals comes to rescue of Vantage Goldfields
An amended business rescue plan will see all creditors paid within three months. But a court action by a competing bidder may derail the best laid plans.
13:40 
Image: Supplied
Five years after the collapse of a support pillar that took the lives of three workers at Vantage Goldfields’ Lily mine in Mpumalanga, there’s light at the end of the tunnel for the company. The 2016 tragedy brought an end to mining operations at Lily and its sister mine, Barbrook, which were then placed in business rescue.
The bodies of Solomon Nyirenda, Yvonne Mnisi and Pretty Nkambule remain buried a Lily mine, and the only way to recover them is to sink a new decline shaft 50 metres below the surface to recover the container in which they were working at the time of the collapse. ....

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