Canadian gold producer and investment company AfroCan Resources Gold has missed the June 30 deadline to pay South African gold miner Vantage Goldfields an agreed $2.5-million as part of an $11-million investment in the Lily gold mine, in Mpumalanga, trade union Solidarity reported on Monday. In May, the companies issued a joint statement, saying that AfroCan was in the process of building a portfolio of gold assets and had identified Vantage as a “strategic component” in its plans.
