Blyvoor Gold Resources Proprietary Limited and Blyvoor Gold Operations Proprietary Limited together, “Aurous”, a producing mining group that owns the Blyvoor gold mine (“Blyvoor Mine”) and the Gauta tailings retreatment project.
On March 11th, 2024 Aurous Resources and Rigel Resource Acquisition Corp, a special purpose acquisition company, sponsored by a fund managed by Orion Resource Partners, one of the world’s foremost, mining-focused alternative investment firms, have entered, among others, into a definitive business combination agreement that will result in Aurous becoming publicly traded.
As of 2021, The Blyvoor Mine is encompassed under a converted mining right GP 30/5/1/2/2/143 MR, or MR143GP, valid for 30 years until 16 February 2047. Blyvoor Gold Capital (Pty) Ltd is a registered subsidiary (74%) of Blyvoor Gold (Pty) Ltd. The remaining 26% ownership is held by Black Economic Empowerment entities as required by the South African Mining Charter.
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