How to steal a gold mine – 9780624090564

Description

When Pamodzi Gold purchased a group of mines in 2007, the company had a vision for building a mining empire. But they soon faced liquidation due to a series of bad deals. In October 2009, another black-owned and politically backed business swiftly made a bid to rescue the liquidated mines, and the Aurora saga was born. On paper the company was almost too good to be true, promising to turn the mines into a new business. Not long after, problems arose, leaving workers and suppliers unpaid. Over the course of the next few years the Aurora-managed mines were stripped of assets, mined for gold and illicit payments made to the families of those connected to the mine. This book delves deep into the Aurora story through research, interviews, union reps and records. More than a decade later, no justice has been served and many former workers are still asking when they will be paid. It is an account of fraud with very real human consequences.