Village repurchases R36m worth of shares | Business
Johannesburg - Village Main Reef Gold Mining Company [JSE:VIL] has repurchased 30 937 210 of its own ordinary shares through its wholly owned subsidiary Buffelsfontein Mines for an aggregate price of R36.94m. ... As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and …
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Village Main may cut 960 jobs | Business
Gold mining company Village Main Reef says it might cut up to 960 jobs at its Blyvoor mine. Publications ... I Am News24 - Meet Our Subscribers ...
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Village Main Reef Gold Mining Company (1934) Limited
Village Main Reef Gold Mining Company (1934) Limited | 681 followers on LinkedIn. Village Main Reef Gold Mining Company (1934) Limited | 681 followers on LinkedIn. ... Metalllurgy Business Leader at Village Main Reef Mining Company (1934) Limited Tanja de Klerk Senior Commercial Officer - Village Main Reef Limited ...
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Acquisition of an equity stake in Village Main Reef Gold Mining Company
June 21, 2006. Harmony Gold Mining Company Limited (NASDAQ, NYSE: HMY; JSE: HAR) today announced that it has acquired 37.8% of the issued share capital of Village Main Reef Gold Mining Company Limited ("Village") for an amount of R458,775. The equity stake was purchased from African Rainbow Minerals Limited at a price of 20 …
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No mining in sight for Village | Business
JSE-listed but dormant gold mining company Village has held its AGM amid an unclear future, even after Harmony bought a 37.8% stake in the mine company.
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Solved The cases of Sterns V. Village Main Reef Gold Mining
Operations Management. Operations Management questions and answers. The cases of Sterns V. Village Main Reef Gold Mining Co. [1905] 10 CC 89; AND Burnard V. Rodocanachi [1882] 7 A.C. 333; are two significant cases in insurance law. Critically evaluate their impact on the development of insurance law principles.
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Blasting operations at Tau Lekoa gold mine halted after
Blasting operations at Tau Lekoa gold mine halted after seismic event kills another worker. All blasting operations at Tau Lekoa gold mine have been stopped after an employee was killed in a rockfall following two seismic events underground near Orkney in the North West, mining company Village Main Reef Limited confirmed on Sunday.
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Village Main Reef Gold Mining Company (1934) Limited
Metalllurgy Business Leader at Village Main Reef Mining Company (1934) Limited Tanja de Klerk Senior Commercial Officer - Village Main Reef Limited
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Village Main Reef workers down tools at Buffelsfontein gold …
Village Main Reef Gold Mining Co. said today that workers at its Buffelsfontein gold mine launched an unprotected strike yesterday night. Company CEO Marius Saaiman said, "None of the category ...
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Contact details
Tel: +27 87 806 1160 ext 9991. Tel: +27 87 806 1160 ext 9991. Email: [email protected]. Address: The Bank. Cnr Tyrwhitt and 24 Cradock Ave.
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Village Main Reef Mine to close | Business
Village Main Reef Gold Mining Company has made significant progress towards reducing its outstanding liabilities. Publications ... I Am News24 - Meet Our Subscribers ...
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Union stages underground sit-in at Village Main Reef's
Village Main Reef lawyer Nick Veltman said on Wednesday that the company did right by its employees with regards to the pension funds and deductions. He said the sit-in demonstration was still continuing underground on Wednesday afternoon. "At the moment the employees have staged a sit in at the Kopanang shaft related to their …
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Another wage deal reached in SA gold sector
Village Main Reef is owned by Hong Kong's Heaven-Sent Gold Group, which acquired the Kopanang mine and West gold plant from AngloGold Ashanti in 2018. ... the agreement struck in September between ...
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QUESTION TWO.docx
position of the assured or insured. If the payment was made to benefit the assured rather than diminish the loss the insured can keep the full value of the benefit. Furthermore, in the case of Stearns vs. Village Main Reef Gold Mining Company Limited [1905] 10 CC 89, the defendant took a policy in respect of Gold belonging to the company. There was …
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Chinese firm Heaven-Sent bids $56M for South African Village Main Reef
Chinese capital management group Heaven-Sent has made a cash offer of about $58 million (R637 million) to buy junior South African gold producer Village Main Reef, one of the oldest mining listings on the JSE. The offer is for R12.25 per share, a 14.5% premium on the company's closing price on Tuesday on the JSE and a 45% …
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Four dead after rock collapse at South African gold mine
The collapse at the Village Main Reef's Tau Lekoa gold mine in North West province followed at least one earth tremor. The National Union of Mineworkers (NUM) was strongly critical of the mining ...
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Home
Our business. As an emerging South African mid-tier gold miner, our target is to link South Africa's gold mine assets with the vast capital market of China, to fund the …
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Village Main Reef secures three-year wage deal | Business
The Minerals Council South Africa announced on Friday morning that Village Main Reef [] had concluded its wage agreement with the National Union of Mineworkers, the United Associations of SA and Solidarity.In the agreement, workers in categories 4 to 8 - that is employees at lower levels, from entry level to historical bargaining units - are …
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Kopanang Mine
Current status. In March 2018, HSC acquired the Kopanang mine from AngloGold Ashanti. The mine operates at depths of 1,350 to 2,240 metres below surface and is accessed by one of the largest diameter shafts in South Africa. Around 3,000 people currently work at the mine, producing around 85,000 oz of gold annually.
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Village Main Reef Company Profile: Valuation, Investors, …
Latest Deal Type. M&A. Financing Rounds. 4. Investments. 6. General Information. Description. Operator of mining activities. The company's mining activities …
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Operations
VMR's current asset portfolio includes the Tau Lekoa and Kopanang underground gold mines. Click below to read more about our operations and projects: ... Kopanang mine; VMR. Tel: +27 87 806 1160 ext 9991. Email: [email protected]. The Bank Cnr Tyrwhitt and 24 Cradock Ave 1st Floor, Workshop 17, Office C1.03 Rosebank Johannesburg 2196 ...
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Village Main Reef concludes gold wage agreement with …
JSE-listed Village Main Reef has concluded a gold wage agreement with the representative unions at the company's gold mining operations, the Chamber of Mines (CoM) of South Africa advised on Monday.. The two-year agreement, concluded under the auspices of the CoM during the 2015 gold wage negotiations, allows for increases of R1 …
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Village Main Reef workers end strike | Business
Village Main Reef says workers at its Blyvooruitzicht gold mine have suspended an illegal strike and returned to work after reaching an agreement with the company.
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Mandiwanajustice | LinkedIn
Harmony Gold Mining Company Limited ... VILLAGE MAIN REEF ILLOVO, Gauteng TAU LEKOA GOLD MINING COMPANY ILLOVO, Gauteng GOLD FIELDS Mining on, Johannesburg, Gauteng ...
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Operations
Operations. VMR's current asset portfolio includes the Tau Lekoa and Kopanang underground gold mines. Click below to read more about our operations and projects: …
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Village Main Reef concludes gold wage agreement with unions
July 29, 2015. JSE-listed Village Main Reef has concluded a gold wage agreement with the representative unions at the company's gold mining operations, the Chamber of …
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Who we are
VMR's current asset portfolio includes two deep-level underground gold mines, Tau Lekoa and Kopanang. All assets are situated in close proximity to each other, some 250 km south-west of Johannesburg near the town of Orkney. In total, VMR has an annual gold production capacity in excess of 150,000 oz. VMR has just over 6,000 employees. Our ...
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Phosiri Village Main's Foundation Project
July 2, 2010. Village Main Reef Gold Mining Company, which is looking to build itself into a new generation mining group and in June, moved onto the JSE's Platinum and Precious Metals sector, acquired a controlling stake in Lesego Platinum earlier this year. Village Main purchased Lesego and some of its partners in the Phosiri platinum ...
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Village of the damned? | Business
AS A SHAREHOLDER in dormant mining group Village Main Reef Gold Mining Co (1934) I was hugely disappointed that the interim results to end-June 2006 contained not a single line of directors' comments.
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Tau Lekoa Mine
Current status. The mine operates on five levels from 900 to 1,650 metres below surface and is accessed through a twin-shaft system. Around 3,000 people work at the mine, …
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