Vantage Goldfields South Africa (VGSA) says it is keen to complete the sales agreement with Flaming Silver and Siyakhula Sonke Empowerment Corporation (SSC) “as a matter of urgency in order to provide clarity and finality for all affected parties, but particularly former employees, creditors and the local community”. VGSA in November 2017 agreed to sell the Lily and Barbrook mines, in Mpumalanga, to Flaming Silver on the condition that it provide R310-million to discharge business rescue plan requirements and reopen the mines.
