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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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   10/01/2014
 
New gold mine for Zim
 
The Zimbabwean paper The Herald  reports that the company Wonder Bay Company, has received approval to open a medium sized gold mine in Hope Fountain, about 85 kilometres north of Bulawayo at a cost of US$30 million. WBC is controlled by Zimbabweans with 57 percent shareholding while South Africans own the remainder.

Greenland Syndicate (the local partner in the project) owns 42 percent stake while 10 and five percent equity have been allocated to community and employees respectively.

Caratrom of South Africa, a company with strong links with West Lake Safaris Estates holds another 42 percent while one, Jakobus Grange owns one percent.

According to sources, the project is expected to commence during the first half of this year.

Source: The Herald

 
 
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