VANCOUVER (miningweekly.com) A judge in Kimberley South Africa has on Thursday issued an interim liquidation order against three subsidiaries of TSX- and JSE-listed Rockwell Diamonds.
The interim court order does not affect Rockwell Diamonds, the parent entity.
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The liquidation application was enrolled on the opposed motion roll in Kimberley high court for Thursday.
The interim orders include subsidiaries Rockwell Resources RSA, HC van Wyk Diamonds and Saxendrift Mine Ltd.
The interim decision stems from an action by Rockwells former contractor C-Rock Mining, which launched a liquidation application against the three subsidiaries.
According to Rockwell, in launching its application, C-Rock relied on an…
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