liquidated mines in southafrica

South African Gupta-linked firm liquidated ... - Mining News

Nov 04, 2018· A South African mining contractor owned by the Gupta family has been put into liquidation, according to people with knowledge of the matter.. Westdawn Investments, which does business as JIC Mining Services (Pty) Ltd., has debt of almost 60 million rand ($4.2 million), said the people, who asked not to be identified because the information isn't public.

mining companies under liquidation

Coal mining processing plant in Nigeria. This coal mining project is an open pit mine located in Nigeria, announced by mining company - Western Goldfields - that it has discovered 62,400,000 tonnes of proven reserves of coal deposits worth US$1.2 billion which …

South Africa Bankruptcies | 1980-2020 Data | 2021-2022 ...

Bankruptcies in South Africa decreased to 134 Companies in June from 195 Companies in May of 2020. Bankruptcies in South Africa averaged 229.51 Companies from 1980 until 2020, reaching an all time high of 511 Companies in August of 2000 and a record low of 0 Companies in April of 2020. This page provides - South Africa Bankruptcies - actual values, historical data, forecast, chart, statistics ...

Voluntary Liquidation | Liquidation Attorneys

A liquidation by Court can either be a voluntary liquidation or a hostile liquidation. Any party can approach a court to liquidate a company if there are good legal grounds to liquidate the entity. This can happen if the creditor has demanded payment from the company in terms of section 345(1)(a)(i) or it is otherwise just and equitable that ...

South African Mining Mogul Mzi Khumalo Puts Zimbabwean ...

Apr 13, 2019· Metallon Corporation, a gold mining group owned by Mzi Khumalo, one of South Africa's most prominent mining entrepreneurs, has reportedly filed for business rescue for two of …

Problems in the mining industry in South africa - ECDPM

The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry. A great deal has been written about the first two factors, so ...

Mining & Construction - GoIndustry Dovebid South Africa

10 Evelyn Road, Retreat, Cape Town, 7945 -10 [email protected] go-dove.co.za

SABC 2 COVERAGE OF MINTAILS' LIQUIDATION

Eventually, Mintails filed for liquidation during the summer of 2018,[9] leaving the state of South Africa and the local communities around the mines with the financial burden to cover post-mining environmental rehabilitation costs, estimated at over R460 million (approx. 35 million US$).[10]

South Africa: Claims of Liquidation Scams Emerge in Cape ...

The case spans years and testimony stretches from Zimbabwe and South Africa to the Channel Islands and the British Islands. At the centre of the case is a loan to buy a Cape Winelands farm ...

Dust Deposition Impacts at a Liquidated Gold Mine Village ...

The windy season brings numerous community complaints for gold mining companies situated in the Witwatersrand due to windblown dust from partially rehabilitated tailings storage facilities (TSFs). For communities encroaching onto TSFs, windblown dust is perceived as a health hazard and an environmental challenge. In a study conducted in 2017 by the Lawyers for Human Rights, the …

Swarm of court cases engulfs former Gupta mines - Moneyweb

Jan 09, 2020· Two of the remaining key assets in the now defunct Gupta empire – coal mines Koornfontein and Optimum – are the subject of yet more litigation, coming …

List of Mines in South Africa | Projects IQ

List of Mines in South Africa South Africa is one of the most resource-rich countries in the world, and is a major global supplier of gold, platinum, diamonds, coal, iron ore, manganese and many other minerals.

What's left in the wake of South Africa's abandoned gold mines

Jan 15, 2016· Blyvooruitzicht is but one of thousands of abandoned mines scattered across South Africa, many from the gold industry. With recently shuttered mines adding to the massive impact of those left derelict years ago, the country faces a growing environmental, health and social crisis created by a withering gold industry and inadequate oversight ...

Zambia seeks to expel copper miner Vedanta Resources ...

Aug 04, 2019· The government of Zambia has defended its efforts to kick London-based copper miner Vedanta Resources out of the country, in an escalating row …

Push to Liquidate Murray Means Coal Mines Will Close ...

Consol Energy Inc.'s effort to push rival coal company Murray Energy Corp. into liquidation is aimed at shuttering mines and reducing output in an oversupplied industry, according to the largest ...

Liquidated copper mine blights investment credentials ...

Mpho Tebele. Gaborone – The Botswana government is caught between a rock and a hard place, as it facing a lawsuit over its liquidated BCL copper mine in an investment deal gone wrong.Botswana is also struggling to find potential investors for the mine amid reports that maintenance of the mine …

BUSINESS MAVERICK: Creditors throw their weight behind the ...

Liquidation would imply the final death of Optimum as the mine would formally shut down, and in a worst-case scenario, creditors would not be paid all monies owed. Westdawn is a mining contractor that does business as JIC Mining Services and is also linked to members of the Gupta family.

liquidation of mine in south africa

Warnings about mine liquidation | Fin24. Jan 29, 2017· Johannesburg - Mining companies with mature assets can use liquidation as a way of dodging the full expense of closure and rehabilitation, nongovernmental organisation Lawyers for Human Rights (LHR) has warned. With South Africa's gold industry stuck in a …

South Africa: Public Agency Says SAA Staff Stand to Lose ...

South Africa's Department of Public Enterprises (DPE) is warning that the more than 50,000 employees of the national carrier could be the biggest losers if creditors and workers' unions vote to ...

THE SOUTH AFRICAN LEGISLATIVE FRAME ViORK FOR MINE …

South Africa has, and still is, relying heavily on mining activities to generate wealth that could be translated into economic development, infrastructure and employment. Formal mining in South Africa is more than 100 years old. Legislation at that time primarily focused on "surface

Botswana plans to reopen liquidated copper mine || The ...

Jun 03, 2020· Gaborone - The Botswana government has revealed that plans are underway to re-open the liquidated state-owned BCL copper mine. BCL mine was closed in 2016, resulting in more than 5,000 people losing their jobs. The Minister Minerals Resources, Green Technology and Energy Security, Eric Molale, confirmed the re-opening of the mine this week.

liquidated mines in southafrica - studi internazionali

liquidated mines in southafrica. liquidated mines in southafrica. Botswana plans to reopen liquidated copper mine The ... Apr 12, 2020 Gaborone - The Botswana government has revealed that plans are underway to re-open the liquidated state-owned BCL copper mine. BCL mine was closed in 2016, resulting in more than 5,000 people losing their jobs.

South African Environmentalists Sue to Clean Up Toxic Mines

Jul 30, 2020· Mintails was liquidated last year, leaving an unfunded environmental liability. Meanwhile, the Department of Mineral and Energy Resources is seeking to avoid a lengthy legal process and wants to see the case settled out of court. The department's Sunday Mabaso says a solution needs to be found. Illegal mining issue

Mandela, Zuma-linked mining firm liquidated: creditor ...

South Africa News. Home News Mandela, Zuma-linked mining firm liquidated: creditor. Mandela, Zuma-linked mining firm liquidated: creditor. Published on October 04, 2011.

The Auctioneer: Find All Auctions in South Africa

The Auctioneer is a comprehensive listing site for ALL auctions in South Africa. You'll find cars, truck, property, warehouse and appliance auctions - even livestock sometimes. If it's on auction, you'll find it …

The Haunting Legacy of South Africa's Gold Mines - Yale E360

Nov 12, 2015· Blyvooruitzicht is but one of thousands of abandoned mines scattered across South Africa, many from the gold industry. With recently shuttered mines adding to the massive impact of those left derelict years ago, the country faces a growing environmental, health, and social crisis created by a withering gold industry and inadequate oversight.

Mintails collapse: case study in how not to close mines

Mintails Mining South Africa (Pty) Ltd and several related companies have announced their liquidation, throwing into question the environmental rehabilitation of highly-polluting operations near Johannesburg.

liquidated mines in southafrica - nijhuisarchitectuur.nl

Companies in South Africa with 'Provisional Liquidation, Free And Open Company Data On Companies in South Africa with 'Provisional Liquidation' current status, inactive ACNE MINING (South Africa, 6 May 1994, 4 SECOND STREET VOORSPOED WELKOM 9459) inactive ACP MANUFACTURING (South Africa, 25 Feb 1987, SUITE 9 3 WARWICK PLACE PINETOWN 3610)

Wholesale Lots and Surplus Auctions Online | Liquidation.com

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