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Village Main’s CEO Jeff Dong: SA’s unions face a test all China is watching
Despite the fact Chinese investors have poured almost R5bn into lossmaking Village Main Reef, CEO Jeff Dong is upbeat about the future.
Despite the fact Chinese investors have poured almost R5bn into lossmaking gold mining company Village Main Reef, CEO Jeff Dong is upbeat about the future – provided agreement can be reached with SA trade unions on the proposed restructuring. He says Chinese investors with deep pockets are ready to follow his Heaven Sent Group into SA, but need the right message. Restructuring is desperately needed at Village's two deep level mines. If concluded successfully, a wave of Chinese money could be unleashed into SA. – Alec Hogg
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