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20/07/2017
Orezone Announces Appointment of New Director
 
07/07/2017
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO
 
31/05/2017
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited
 
 
 
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   30/01/2012
 
Pan African Resources & Wits Gold to acquire Evander from Harmony
 

Pan African and Witwatersrand Consolidated Gold Resources Limited have formed a 50:50 partnership to acquire 100% of gold producer, Evander Gold Mines Limited from Harmony Gold Mining Company Limited for ZAR1.7 billion.

The Evander operations are located in Mpumalanga, South Africa, and comprise the operating Evander 8 shaft, and several potential development projects namely Rolspruit, Poplar, Evander South, Libra (surface tailings resource) and the Kinross metallurgical processing plant, and a tailings facility (Project Libra).

The total underground resource represents 32.5Moz (147Mt @ 6.88g/t)2 and a reserve of 7.6Moz (29.5Mt @ 8.02g/t). The Evander 8 shaft currently has an expected life of mine of more than ten years. Evander is expected to produce between 85,000 and 95,000 ounces per annum.


 
 
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