something will come in 2012/2013
http://newstonight.net/content/gold-miners-lead-jse-overall-decline
Yesterday, Harmony Gold and the supporters of Pamodzi Resources Fund reached an agreement to put a limit to their involvement with Rand Uranium and to sell Gold One for $250 million. This decision came after a number of setbacks hindered their work to finance a uranium project that would cost R2.8 billion.
Gerard Kemp, the Chief Investment Officer for Pamodzi Resources Fund said, ?Our investment period is three years and it became time to reap the returns. The US investors decided they did not want to invest any more in Rand Uranium to build the uranium plant. We are closing the fund and not raising any more money into the fund?.
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