wits gold takeover of burnstone mine
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wits gold takeover of burnstone mine

Wits Gold Acquires Burnstone Mine E MJ

2020-4-8  Wits Gold Acquires Burnstone Mine July 10, 2013 Leading Developments Witwatersrand Consolidated Gold Resources Ltd. (Wits Gold) has acquired Southgold Exploration Ltd., a 100%-owned subsidiary of Great Basin Gold Ltd., and owner of the Burnstone mine project in Mpumalanga Province in the South Rand area of South Africa’s Witwatersrand goldfields.

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Wits Gold wins Burnstone gold-mine auction - Mining

2013-7-12  Witwatersrand Consolidated Gold Resources Ltd (Wits Gold) clinched a deal to acquire the Burnstone gold mine in South Africa's Mpumalanga province for a nominal R100 (US$10) from administrators. Login

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Projects Sibanye-Stillwater

2021-6-25  The Burnstone asset was acquired with the purchase of junior exploration company Wits Gold in July 2014. Burnstone, which was formerly operated as a mine until placed on care and maintenance in mid-2012, comprises two established shaft

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Presentation: Acquisition of Wits Gold

Sibanye Gold to acquire 100% of Wits Gold by way of scheme of arrangement – Final decision to invest in the Burnstone Project/Mine subject to finalisation of due diligence • Wits Gold has secured irrevocables from 5 shareholders, amounting to 57%, to vote in favour of the transaction Offer consideration •

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Wits Gold to bid for Burnstone Miningreview

2013-3-22  Johannesburg, South Africa — 22 March 2013 – Witwatersrand Consolidated Gold Resources Limited (Wits Gold) “’ which has a primary listing on the JSE and a secondary listing on the TSX “’ is preparing a bid for the Burnstone gold mine in South Africa, which is in

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Wits Gold preferred bidder for Burstone Mining News

2013-7-5  Witwatersrand Consolidated Gold Resources (Wits Gold) was today announcement the sole preferred bidder for the Burnstone gold mining operation near Balfour, in South Africa’s Mpumalanga Province. The announcement comes as no surprise. Wits Gold CEO Philip Kotze has made so secret of his intentions to acquire a mine which will enable the company to move from an explorer and

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Wits Gold named sole preferred bidder for Burnstone

2013-7-8  Wits Gold named sole preferred bidder for Burnstone mine Johannesburg, South Africa — 08 July 2013 – Witwatersrand Consolidated Gold Resources Limited (Wits Gold) has announced that it is the sole preferred bidder for the Burnstone gold mining operation near Balfour, in

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Witwatersrand Consolidated Gold Resources Limited

Sabanye Gold has grabbed 157Moz of gold resources in its $40M takeover of Wits Gold and underpin the longevity of its Free State operations. MBM South African correspondent reports WITS GOLD GETS THE NOD FOR BURNSTONE ACQUISITION

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Failure at Burnstone will ruin Wits Gold: Kotze -

2013-7-5  Great Basin Gold planned to produce 250,000 ounces a year of gold from Burnstone and had spent $800m building the mine and its infrastructure. Kotze thinks that no more than $100m in additional spend will be required to complete the mine, but

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Remember Burnstone - Mining Mirror Online

2019-4-5  Wits Gold put in a bid to acquire the mine, but in the end, Sibanye Gold (today Sibanye-Stillwater), on an acquisition spree under CEO Neal Froneman, bought the Burnstone assets in July 2014, after the mine had been in care and maintenance for close to two years. Drilling at the beleaguered Burnstone Mine

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Presentation: Acquisition of Wits Gold

Burnstone Mine (“Burnstone”) on the South Rand Goldfield, entered into business rescue • Burnstone was placed on care and maintenance under the control of a small management team employed under short-term contracts • On 4 July 2013 Wits Gold submitted a binding offer for the acquisition of

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Wits Gold wins Burnstone gold-mine auction - Mining

2013-7-12  Witwatersrand Consolidated Gold Resources Ltd (Wits Gold) clinched a deal to acquire the Burnstone gold mine in South Africa's Mpumalanga province for a nominal R100 (US$10) from administrators. Login

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Wits Gold to bid for Burnstone Miningreview

2013-3-22  The vertical shaft at Burnstone mine Johannesburg, South Africa — 22 March 2013 – Witwatersrand Consolidated Gold Resources Limited (Wits Gold) “’ which has a primary listing on the JSE and a secondary listing on the TSX “’ is preparing a bid for the Burnstone gold mine in South Africa, which is in a business-rescue programme. The company is also keen to bid for AngloGold Ashanti ...

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Wits Gold is a junior looking to acquire Burnstone ...

2013-3-4  The acquisition of Burnstone would immediately change Wits Gold’s status – from explorer to producer – while raising its overall gold ounce targets. “We have good management capacity with a proven track record and have access to funding (US$100 million) to ramp the mine up to full production.

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Wits Gold preferred bidder for Burstone Mining News

2013-7-5  Witwatersrand Consolidated Gold Resources (Wits Gold) was today announcement the sole preferred bidder for the Burnstone gold mining operation near Balfour, in South Africa’s Mpumalanga Province. The announcement comes as no surprise. Wits Gold CEO Philip Kotze has made so secret of his intentions to acquire a mine which will enable the company to move from an explorer and

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Failure at Burnstone will ruin Wits Gold: Kotze -

2013-7-5  Earlier today, Wits Gold said that following an intensive due diligence and the submission of its business plan, it had been selected as the sole preferred bidder for Burnstone mine which is owned by Great Basin Gold subsidiary Southgold

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Wits Gold tables Burnstone offer - IOL News that ...

2013-7-8  Wits Gold, which explores for the metal in South Africa, made an offer for Great Basin Gold’s Burnstone mine to give the company its first bullion-producing asset.

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THE BURNSTONE PROJECT

Consolidated Gold Resources Limited (Wits Gold) • Wits Gold had previously secured an option to acquire Southgold Exploration (Pty) Ltd (Southgold), which owns the Burnstone operation (Burnstone), through a business rescue process • Following an extensive due diligence, Siba nye indicated its intention to exercise the option to acquire ...

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Sibanye Gold proposed acquisition of Wits Gold

2013-12-10  Wits Gold is a South African gold and uranium exploration company operating in the Witwatersrand Basin (“Wits Basin”) of South Africa. Wits Gold was formed in 2003 with the aim of acquiring properties adjacent to operating mines within the goldfields of the Wits Basin, in order to quantify their exploitable resources.

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Wits Gold to lend R950m in mine offer

2013-7-5  Wits Gold will pay a nominal 100 rand ($10) for Great Basin Gold’s Southgold unit, which owns the mine that’s located in Balfour in Mpumalanga

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Wits Gold wins Burnstone gold-mine auction - Mining

2013-7-12  Witwatersrand Consolidated Gold Resources Ltd (Wits Gold) clinched a deal to acquire the Burnstone gold mine in South Africa's Mpumalanga province for a nominal R100 (US$10) from administrators. Login

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Wits Gold preferred bidder for Burstone Mining News

2013-7-5  Witwatersrand Consolidated Gold Resources (Wits Gold) was today announcement the sole preferred bidder for the Burnstone gold mining operation near Balfour, in South Africa’s Mpumalanga Province. The announcement comes as no surprise. Wits Gold CEO Philip Kotze has made so secret of his intentions to acquire a mine which will enable the company to move from an explorer and

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Sibanye Proposes Acquisition of Wits Gold

2014-1-26  Wits Gold also holds uranium resources at Beisa North and South, adjacent to Beatrix West, which have potential to be developed into a uranium producer. Also, on July 4, 2013, Wits Gold submitted a binding offer for the acquisition of Southgold Exploration, which owns the Burnstone mine

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R2.3bn to be spent on Burnstone gold project –

2021-3-5  Capital of R2.3-billion will be spent over 14 years on the Burnstone gold project in Mpumalanga, where two-million ounces of gold are to be mined over 21 years, Sibanye-Stillwater CEO Neal Froneman told the BMO conference this week. JSE- and ADR-listed Sibanye-Stillwater acquired the Burnstone project from Wits Gold for R1 in 2015.

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Wits Gold to lend R950m in mine offer

2013-7-5  Wits Gold will pay a nominal 100 rand ($10) for Great Basin Gold’s Southgold unit, which owns the mine that’s located in Balfour in Mpumalanga

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HIGHLIGHTS: THE BURNSTONE TRANSACTION

2014-2-12  HIGHLIGHTS: THE BURNSTONE TRANSACTION ... In June 2012, Wits Gold completed a Pre-Feasibility Study (PFS) over its De Bron-Merriespruit (DBM) Project situated in the southern Free ...

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Firm intention by Sibanye Gold to make a cash offer

2013-12-11  Wits Gold Shareholders not having exercised appraisal rights by giving valid demands to this effect to Wits Gold, in terms of section 164(7) of the

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Detailed Further Cautionary Announcement

2013-7-5  Wits Gold shareholders are referred to the cautionary announcement released by the Company on SENS and on SEDAR on Friday, 21 June 2013,

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empress gold mine in zimbabwe - linkscoastalinn.co

empress gold mine in zimbabwe--Granite Crushing Plant Sand Solutions. Vietnam is an important mining export country in Asia, especially the exportation of Limestone, iron Sri Lanka is

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