Thabex says shareholder court case postponed to late October

The court case over a shareholder dispute between exploration and development company Thabex and some of its minority shareholders has been postponed again. In June, an application had been made by the minority shareholders to the High Court of...

Lesotho shareholder dispute court case postponed – Thabex

The court case over a shareholder dispute between exploration and development company Thabex and certain minority shareholders has been postponed. In June, the minority shareholders had applied to the High Court of Lesotho, seeking an urgent...

Thabex asks JSE to suspend listing as shareholder dispute continues

Exploration and development company Thabex has again asked the JSE to temporarily suspend its listing while it deals with a court dispute over its shareholding in Angel Diamonds. This would be the company’s third listing suspension in three...

Thabex sells stake in Angel Diamonds to UK firm

Diversified exploration company Thabex would sell 9,33% of its interest in Lesotho-based diamond-miner, Angel Diamonds, to UK diamond exploration company, Mantle Diamonds. The South African explorer said on Wednesday that it and five other...

Reserve Bank blocks Thabex’s Angel Diamonds sale

The South African Reserve Bank on Friday rejected the proposed disposal of diamond miner Thabex’s interest in Lesotho-based Angel Diamonds. The Reserve Bank stated that Angel could not be disposed of on extended credit terms, and that the...

SA-linked gem miner granted Lesotho licence

JSE-listed Thabex Exploration has announced that its subsidiary, Angel Diamonds, has been granted a two-year prospecting licence in Lesotho.