Sunday, July 28, 2013

Aurora destined to be major gold player โ€“ Zondwa Mandela

October 14, 2009 by · Leave a Comment 

The soon-to-be-listed Aurora Empowerment Systems was destined to be a major gold player, Zondwa Mandela, Nelson Mandela’s grandson, said on Wednesday as he clinched another significant gold acquisition and revealed, under questioning, that he had two more gold assets in tow. "We do view ourselves as being a major player in gold in a few [...]

Now Mandela/Zuma’s Aurora buys Pamodzi Gold East Rand

October 12, 2009 by · Leave a Comment 

New gold-miner Aurora Empowerment Systems has bought the liquidated Pamodzi Gold East Rand assets, Mining Weekly Online can today report. The hedged East Rand assets, the last of the stricken Pamodzi Gold assets to be bought out liquidation, are the second set of Pamodzi Gold assets that Aurora has taken up, following the company’s acquisition [...]

Aurora clinches Pamodzi Gold Orkney, tugging at Free State

September 2, 2009 by · Leave a Comment 

Malaysian and Middle Eastern-backed Aurora Empowerment Systems on Wednesday clinched Pamodzi Gold Orkney when the mine’s main secured creditor, South Africa’s State-owned Industrial Development Corporation (IDC), gave its preferred bid the green light. Aurora’s acquisition and purchase of the provisionally liquidated Pamodzi Gold Orkney has opened the way for the company to begin remining the [...]