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Harmony Gold Mining Company Ltd v Pamodzi Gold Free State ...

Harmony Gold Mining Company Limited Acquiring Firm. And. Pamodzi Gold Free State (Pty) Ltd (in provisional liquidation) ... The primary target firm was involved in production and supply of gold until it was placed under liquidation and ceased operations on the Free State assets in February 2009.

Cradle Arc files application for provisional liquidation ...

Dec 18, 2018· Fujax and Leboam's 40% shareholders have separately approached the high court to consider placing Leboam under judicial management or alternatively placing it under provisional liquidation. This application is up for hearing on 18 December. Cradle Arc has stated that it is not in favour of placing the company under judicial management as ...

Overview of Liquidating LLC's in UAE - STA Law Firm

Apr 30, 2017· The Companies Law has also focused on the provisions of liquidation which we will shed light on, but first, we will demonstrate the main reasons of liquidating a company as per the said law. The lawmakers of the country have strived to simplify the process of liquidation of a company with the view to ensure that all the parties have an ...

Illustrative Financial Statements

4 / Illustrative Financial Statements Domestic Fund, L.P. Statement of Assets and Liabilities December 31, 20XX Assets Investments in securities, at fair value (cost $662,033,000) $ 781,936,000

Mowana copper mine gets a new suitor » TheVoiceBW

Oct 05, 2021· After almost three years under judicial management, Mowana Copper Mine in Dukwi has attracted new owners. The previous operator of the mine, Cradle Arc has been in provisional liquidation since October, 15th, 2020 and in the hands of the provisional liquidator, Terrence Dambe. However, the Competition and Consumer Authority has said that it has received […]

Aquirium placed under provisional liquidation | The Sunday ...

Nov 16, 2014· GWERU-BASED gold and antimony mining company, Aquirium Trading has been placed under provisional liquidation by the High Court after failing to repay a debt of more than $2,5 million. The application for provisional liquidation was brought to the Bulawayo High Court by its major shareholder Tamira Overseas SA (Tamira) a company incorporated in ...

African Copper Mining placed under liquidation - Botswana ...

Nov 25, 2015· Lobatse High Court has placed African Copper Mining under liquidation after the company failed to fulfill contractual payment obligations to Diesel Power Mining. Diesel Power Mining petitioned the court to liquidate African Copper for delayed payments. Lobatse High Court Judge Abednigo Tafa placed the mining company under provisional order of ...

'Shark calling': locals claim ancient custom threatened by ...

Sep 30, 2021· In 2008 the Canadian mining company Nautilus Minerals provided its environmental impact assessment to the Papua New Guinean government to start deep-sea mining in the Bismarck Sea, in New Ireland ...

Mining Companies in South Africa - ProjectsIQ

A comprehensive list of South African mines exclusively from Africa Mining IQ, the continent's largest online mining database. Some of the largest mining companies in South Africa have head offices in Gauteng and Johannesburg.. De Beers Consolidated Mines and the Anglo American Group are only two of the mining companies which, together with other mining companies in South Africa, generate 10 ...

Athi River Mining Set for Liquidation, Delisting at the ...

The company's stock was suspended from trading on the NSE indefinitely, effective May 8, 2020. (Image Source: NMG). Troubled cement maker Athi River Mining is set for liquidation in the next five months and eventual delisting from the Nairobi Securities Exchange after more than two years under administration failed to revive its operations ...

Liquidator strikes gold as BVI mining company returns to ...

May 17, 2017· At the hearing to approve the company's exit from bankruptcy on 11 May, Caulfield's application included a request for a blended fee remuneration under section 432 of the BVI's Insolvency Act 2003, allowing her to recover her own fees through a combination of time clocked at an hourly rate, plus a percentage of the realised assets – the ...

Pan African's bid for Mintails in limbo amid legal tussle

Sep 15, 2021· Pan African Resources's plans to acquire the infamous Mintails tailings deposits, which will significantly boost its production profile, hang in the balance as the long-run liquidation of the ...

Dissolution of a Business or Company Kenya | Liquidation ...

Winding up of Companies, Liquidation, Dissolution, De-registration in Kenya. Winding up of companies in Kenya OR Liquidation is a formal insolvency procedure in which a company is brought to an end; all of its assets are liquidated and the proceeds from the sale of assets is used to repay creditors.. Winding up or liquidation is the process by which the management of the company's …

Liquidation and litigation woes: A strike at the heart...

Aug 28, 2021· McGowan's Centaur De Roodepoort, a local mining company, has applied to intervene and back liquidation proceedings brought by the business rescue practitioners (BRPs) dealing with the Gupta company.

NCLAT Rules: Companies under liquidation can be sold as a ...

Aug 26, 2021· The order was passed on Tuesday in the case of 'M/s Mohan Gems & Jewels Pvt Ltd versus Vijay Verma & Anr' stating that the sale of corporate debtor as a going concern during the liquidation process is valid under the Insolvency and Bankruptcy Code (IBC). The bankruptcy law had gone through an amendment in October, 2018, when Regulation 32 incorporated an additional clause …

Liquidation of a mining company issued with an ...

In brief - Liability may not be limited to assets of company in liquidation The recent decision of his Honour Justice Jackson of the Queensland Supreme Court in Longley & Ors as liquidators of Linc Energy Limited (In Liquidation) v Department of …

Solved Problem 24-3 Liquidation At the time it defaulted ...

Liquidation. At the time it defaulted on its interest payments and filed for bankruptcy, the McDaniel Mining Company had the following balance sheet shown below (in thousands of dollars). The court, after trying unsuccessfully to reorganize the firm, decided that the …

Value investing in Mining Companies - Balance sheet ...

Nov 12, 2015· I have a question for anyone with experience in analyzing mining companies (especially if you have analyzed copper miners). I am looking at a miner's balance sheet and trying to run a liquidation scenario i.e. how much major balance sheet items would be worth on the market less all financial debt. The result is a rough estimate of equity value which I want to compare against the …

Mining Tenements - WA Insolvency

liquidators of companies with mining tenements and applications under the Mining Act 1978 (WA) Anthony Papamatheos* and Brett Molony** INTRODUCTION 1. With the current prevailing market conditions, many exploration and mining companies with projects in Western Australia have had administrators or liquidators appointed.

Business rescue or liquidation - what is best? | Webber ...

Jun 05, 2020· For example, a mining company's mining right is extinguished on the final liquidation of the company holding that right (except where the right is encumbered as security for a mortgagee bank) and it reverts to the state. As a result, a liquidator cannot extract any value from the mining licence held by the company prior to its liquidation.

South Africa mines plan $2.7 billion ... - mining.com

Sep 23, 2021· Mining companies have been pushing to develop their own power plants because of persistent power cuts imposed by state power utility Eskom. ... placed under liquidation in 2016.

The Liquidators of Thotanyana Mining & Civil Works (Pty ...

May 29, 2020· Under South African law, the powers of a provisional liquidator are the same as those of a liquidator. Coming to the position in Lesotho, in terms of the CA 2011, the power of the Court to appoint a liquidator is triggered by an application brought to it under s 127(1) to place a company under liquidation. According to s 127:

Rio Tinto may eventually process critical ... - mining.com

Sep 29, 2021· Rio Tinto PLC, one of the world's largest mining companies, wants to start processing minerals in North America that are considered key to U.S. national security. The company is currently ...

Chinese-backed mining company CuDeco goes into liquidation ...

May 04, 2020· Chinese-backed CuDeco's Rocklands Copper Mine was mothballed in July last year, owing workers and contractors $60 million. Now that the …

Trillian liquidators label Centaur Mining a 'Gupta pu...

Sep 07, 2021· Centaur Mining SA's bid to fend off a R400-million claim from liquidators of the controversial Trillian group of companies seems to have backfired. It now finds itself accused of …

HH 405-18 GOMBE RESOURCES (PRIVATE) LIMITED ... - veritaszim

Jan 25, 2018· The applicant is a mining company with limited liability. The first respondent is the Provincial Mining Director of Mashonaland Central and is the authority that made the determination preventing all parties from carrying out mining activities on the mining claims known as New Nelson on Ruorka Ranch, Mvurwi (the mining claims).

List of Companies | Zauba Corp

Companies located in India, involved in manufacture of machinery for mining, quarrying and construction and having status as Under Liquidation Manufacture of machinery Under Liquidation 5 Companies Found Page 1 of 1

Goldrich Mining Provides Update on Liquidation of Joint ...

Dec 23, 2019· SPOKANE, WA - December 23, 2019- Goldrich Mining Company (OTCBB: GRMC) ("Goldrich" or the "Company) provides an update regarding the liquidation of Goldrich NyacAU Placer, LLC ("GNP") and the arbitration between Goldrich and NyacAU, LLC ("NyacAU").GNP was a 50/50% joint venture between Goldrich and NyacAU, to mine the various placer deposits that occur throughout …

Liquidation and litigation woes: A strike at the heart of ...

Aug 29, 2021· The company, which previously traded as JIC Mining Services, was plunged into liquidation by Kal Tire Mining over a R900,000 debt in October 2018. A month later the Guptas went to court to rescind the order and their application was dismissed in August 2019. Their application for leave to appeal this ruling was dismissed too.

Goldrich Mining Provides Update on Liquidation of Joint ...

Dec 23, 2019· SPOKANE, WA / ACCESSWIRE / December 23, 2019 / Goldrich Mining Company (OTCBB:GRMC) ('Goldrich' or the 'Company) provides an update regarding the liquidation of Goldrich NyacAU Placer, LLC ('GNP') and the arbitration between Goldrich and NyacAU, LLC ('NyacAU'). GNP was a 50/50% joint venture between Goldrich and NyacAU, to mine the various placer deposits that …