New Lily Mine owners set to resume operations after three year hiatus

2018-08-15 06:45

The new owners of Lily and Barbrook Mines in Mpumalanga say they are ready to resume operations after nearly three years of non-activity.

Goldfields accuses creditors of ‘devious’ plan

2018-04-29 06:00

New majority shareholders of Vantage Goldfields SA have accused a creditors committee of having a “devious” plan to liquidate the company, despite their advanced plan to reopen two Mpumalanga gold mines.

Hopes dashed as Lily mine deal fails at last minute

2017-08-14 12:34

The last minute failure of a proposed acquisition of the Lily and Barbrook mines has put the whole community once again in uncertainty, says a union.

No closure in Lily Mine disaster without loved ones' bodies - Sanco

2017-02-06 08:06

Without the bodies of their loved ones, the families of the three victims of the Lily Mine disaster will not find closure, Sanco has said.

Vantage needs R100m to keep Barbrook open

2017-01-15 06:01

Australian company Vantage Goldfields needs a further R100 million bailout after its second Mpumalanga mine was placed under business rescue last month.


Vantage Goldfields liquidation postponed

2018-05-20 07:07

The liquidation of Vantage Goldfields SA has been postponed for another two months – giving the new company owners a chance to convince creditors that they are ready to reopen two Mpumalanga mines.

IDC loans R190m to firm to buy stake in Vantage Goldfields

2018-04-01 08:35

A local minerals and investments company has signed a R190m loan with the Industrial Development Corporation to acquire a 74% stake in the cash-strapped Vantage Goldfields SA to reopen two Mpumalanga mines.

Zwane visit families of Lily Mine workers

2017-02-13 22:40

Mineral Resources Minister Mosebenzi Zwane and Mpumalanga Premier David Mabuza have held talks with management of Lily Mine to discuss the recovery of the bodies of Yvonne Mnisi, Pretty Nkambule, and Solomon Nyirenda.

Workers in the pits as mines shut

2017-01-29 07:37

Vantage Goldfields mines closure has crippled informal business in Louisville, near Barberton, as the unemployed simply cannot afford to pay bills.

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