Browsing All posts tagged under »Pamodzi«

Acid water that tarnishes the glister of gold

July 24, 2011

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Gold mine ownership, especially in this day and age, is not for the faint hearted. Nor is it for those without deep pockets or without considerable expertise and experience. And gold remains, potentially, a very volatile commodity since it has little practical use outside of jewellery.

The ‘Fat Cat’ charter of limited liability

June 17, 2011

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Miners have died and thousands of dependents — wives, mothers, children and others —are suffering, many cold and hungry in the Highveld winter.  They are the casualties of the ambitions of Aurora Empowerment Systems, the company that took control of the Grootvlei and Orkney mines from the bankrupt Pamodzi Gold in 2009. The promises of […]