SOUTH AFRICAN MINING Message Board

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Gold/Mining/Energy : SOUTH AFRICAN MINING

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To: EZbeliever who wrote (237)	9/22/1998 3:04:00 PM
From: Giraffe	of 472

Here's the URL hoovers.com and their summary ... The party's over and the mines once held by Randgold & Exploration Company are all gone, leaving the company to clean up and turn out the lights. The firm is the descendant of Rand Mines Limited, South Africa's oldest mining house, but its role as the parent company for Durban Roodepoort Deep, Harmony Gold Mining, and other firms is over. It has spun off three marginal gold mines into Durban Roodepoort, sold its interest in the Marsfontein diamond find to SouthernEra Resources, and listed its Randgold Resources division (which is prospecting for gold in Mali) separately on the London Stock Exchange. Randgold & Exploration is expected to delist from the Johannesburg Stock Exchange by the end of 1998. Top Competitors: Anglogold \| Gold Fields Limited

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