In a vote of confidence for the distressed Barberton mining industry, Real Win Investments (RWI) has confirmed to Mining Weekly Online that Vantage Goldfields has accepted its conditional offer to acquire 100% of the shares and claims in Vantage Goldfields South Africa (VGSA), the owners of the Lily and Barbrook mines, in Mpumalanga. While the agreement was signed on March 12, RWI on Friday said that it was now in a position to move forward with the acquisition of VGSA.
