An auditor has alerted South Africa’s tax agency to alleged fraud at Goldrich Holdings (Pty) Ltd., a mine operator whose chairman is already being personally sued following the collapse of Aurora Empowerment Systems Ltd., a similar company.
Aurora Empowerment Systems Ltd. has halted pumping at its Grootvlei mine in South Africa, threatening to flood the nearby town of Nigel and a mine shaft owned by Gold One International Ltd., Johannesburg’s Mail & Guardian reported, citing employees and labor union officials.
Aurora Empowerment Systems Ltd., the company led by a grandson of Nelson Mandela , has been given three days to vacate gold mines at Orkney and Springs that it planned to acquire, two labor unions said.
The involvement of South African President Jacob Zuma ’s family in a series of controversial business deals has fueled anger among labor unions, whose support helped propel Zuma to power last year, at a time when one in four South Africans is unemployed.
Security guards working for South Africa’s Aurora Empowerment Systems Ltd., a company run by the grandson of Nelson Mandela and the nephew of President Jacob Zuma, shot dead four illegal diggers at a gold mine.
Khulubuse Zuma, the nephew of South African President Jacob Zuma, is in talks with Shandong Gold Mining Co. over the funding of mines in South Africa run by Aurora Empowerment Systems Ltd., the Johannesburg-based Mail & Guardian newspaper reported, citing Jen-Chih Huang, who is helping to negotiate the transaction.
Aurora Empowerment Systems Ltd. has been given until Feb. 28 by the High Court in Pretoria, South Africa to secure funding to buy the assets of Pamodzi Gold Ltd., Johannesburg’s Business Day reported, citing Enver Motala, a liquidator.
South African police ended a search for the bodies of miners shot dead by security guards in the underground gold mine of Aurora Empowerment Systems Ltd., a company led by Nelson Mandela’s grandson and President Jacob Zuma’s nephew.