DiamondCorp delists from Aim, AltX delisting next
JOHANNESBURG (miningweekly.com) – Troubled Southern African diamond mining, development and exploration company DiamondCorp’s admission to trading on the Aim of the LSE was cancelled on Monday.
Earlier this year, the company’s shares were also suspended from trading on the JSE, and discussions are ongoing to also facilitate a delisting from the AltX of the JSE.
Last week, the miner appointed administrators Stephen Cork and Jo Milner from Cork Gully after its board determined that the company was no longer able to continue trading as a going concern.
The company in November last year appointed Deloitte & Touche’s Daniel Terblanche and Independent Advisory’s Legogang Mpakati as business rescue practitioners for its Lace Diamond Mines subsidiary. Operations at the Lace diamond mine were halted last year after heavy rains flooded the mine and damaged equipment.
Employees at the mine have since been retrenched.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation