n Without Prejudice - Life still in this geriatric : deal activity
|Article Title||Life still in this geriatric : deal activity|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Nov 2010|
|Pages||60 - 61|
The final stage of Metorex's two-year-long restructuring programme was completed in September with the announcement that its tired old dog, Consolidated Murchison, the unprofitable gold and antimony mine, would be given a new lease on life by none other than erstwhile Harmony Gold CE, Bernard Swanepoel. No tears will be shed at Metorex as Cons Murch was never a star in the stable, producing a paltry 423kg of gold last year and a R79m loss.
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